Aviva PLC Sells 1,133 Shares of Jack Henry & Associates, Inc. $JKHY

Aviva PLC lessened its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,407 shares of the technology company’s stock after selling 1,133 shares during the period. Aviva PLC owned about 0.27% of Jack Henry & Associates worth $35,026,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. AGF Management Ltd. raised its stake in Jack Henry & Associates by 8.0% in the second quarter. AGF Management Ltd. now owns 16,644 shares of the technology company’s stock worth $2,999,000 after buying an additional 1,235 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Jack Henry & Associates by 24.2% in the 2nd quarter. AE Wealth Management LLC now owns 1,475 shares of the technology company’s stock valued at $266,000 after purchasing an additional 287 shares during the last quarter. Achmea Investment Management B.V. raised its holdings in shares of Jack Henry & Associates by 112.2% in the second quarter. Achmea Investment Management B.V. now owns 12,650 shares of the technology company’s stock worth $2,280,000 after buying an additional 6,689 shares during the last quarter. Sienna Gestion raised its stake in Jack Henry & Associates by 11.0% in the 2nd quarter. Sienna Gestion now owns 31,925 shares of the technology company’s stock worth $5,251,000 after acquiring an additional 3,174 shares during the last quarter. Finally, Andra AP fonden lifted its holdings in shares of Jack Henry & Associates by 67.6% during the second quarter. Andra AP fonden now owns 15,670 shares of the technology company’s stock worth $2,823,000 after purchasing an additional 6,319 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates Price Performance

Shares of JKHY stock opened at $160.80 on Monday. Jack Henry & Associates, Inc. has a 12 month low of $144.12 and a 12 month high of $196.00. The company has a market capitalization of $11.68 billion, a PE ratio of 25.77, a price-to-earnings-growth ratio of 2.74 and a beta of 0.76. The firm’s 50-day moving average is $154.60 and its two-hundred day moving average is $167.91.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.33. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The firm had revenue of $636.11 million during the quarter, compared to the consensus estimate of $634.42 million. During the same period last year, the company earned $1.63 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. Sell-side analysts forecast that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 5th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.26%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating for the company in a report on Thursday, August 21st. Robert W. Baird set a $172.00 price objective on shares of Jack Henry & Associates in a report on Friday, October 17th. DA Davidson dropped their target price on shares of Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. Compass Point upgraded shares of Jack Henry & Associates from a “neutral” rating to a “buy” rating and upped their price target for the stock from $179.00 to $187.00 in a research report on Thursday. Finally, Keefe, Bruyette & Woods cut their price objective on Jack Henry & Associates from $178.00 to $170.00 and set a “market perform” rating for the company in a research note on Wednesday, October 1st. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $177.25.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.