CSM Advisors LLC Raises Stock Position in Pathward Financial, Inc. $CASH

CSM Advisors LLC grew its stake in Pathward Financial, Inc. (NASDAQ:CASH) by 10.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 117,612 shares of the savings and loans company’s stock after purchasing an additional 10,657 shares during the quarter. CSM Advisors LLC owned about 0.52% of Pathward Financial worth $8,705,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Pathward Financial by 210.0% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 25,786 shares of the savings and loans company’s stock worth $1,908,000 after buying an additional 17,469 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Pathward Financial by 24.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 133,227 shares of the savings and loans company’s stock valued at $9,810,000 after acquiring an additional 26,011 shares in the last quarter. Federated Hermes Inc. boosted its position in Pathward Financial by 2,640.8% during the 3rd quarter. Federated Hermes Inc. now owns 25,489 shares of the savings and loans company’s stock valued at $1,886,000 after acquiring an additional 24,559 shares in the last quarter. Mawer Investment Management Ltd. grew its holdings in shares of Pathward Financial by 35.7% during the 3rd quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company’s stock worth $25,612,000 after acquiring an additional 91,066 shares during the period. Finally, Vinva Investment Management Ltd grew its holdings in shares of Pathward Financial by 24.2% during the 3rd quarter. Vinva Investment Management Ltd now owns 188,804 shares of the savings and loans company’s stock worth $13,973,000 after acquiring an additional 36,781 shares during the period. Institutional investors own 92.66% of the company’s stock.

Insider Activity at Pathward Financial

In other news, CEO Brett L. Pharr sold 15,641 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the sale, the chief executive officer directly owned 78,261 shares of the company’s stock, valued at approximately $7,347,142.68. This represents a 16.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.43% of the company’s stock.

Analysts Set New Price Targets

CASH has been the subject of a number of research analyst reports. Piper Sandler initiated coverage on Pathward Financial in a research note on Thursday. They issued an “overweight” rating and a $107.00 target price for the company. Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Wall Street Zen downgraded Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Pathward Financial presently has a consensus rating of “Buy” and an average price target of $103.50.

Pathward Financial Price Performance

Shares of NASDAQ CASH opened at $91.17 on Friday. Pathward Financial, Inc. has a fifty-two week low of $64.45 and a fifty-two week high of $96.06. The company has a 50 day simple moving average of $86.61 and a two-hundred day simple moving average of $77.81. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 11.15 and a beta of 0.74. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The firm had revenue of $173.10 million for the quarter, compared to analysts’ expectations of $185.80 million. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Analysts expect that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 12th. Pathward Financial’s payout ratio is 2.44%.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.