Vise Technologies Inc. Acquires 5,118 Shares of Jack Henry & Associates, Inc. $JKHY

Vise Technologies Inc. lifted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 147.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,599 shares of the technology company’s stock after buying an additional 5,118 shares during the period. Vise Technologies Inc.’s holdings in Jack Henry & Associates were worth $1,232,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of JKHY. Van ECK Associates Corp boosted its stake in Jack Henry & Associates by 1,918.2% in the second quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock valued at $180,213,000 after buying an additional 1,243,526 shares in the last quarter. Janus Henderson Group PLC grew its position in Jack Henry & Associates by 13,343.0% in the first quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock valued at $170,430,000 after acquiring an additional 1,070,376 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Jack Henry & Associates by 13.0% during the first quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock worth $118,842,000 after acquiring an additional 86,810 shares in the last quarter. First Trust Advisors LP raised its stake in Jack Henry & Associates by 33.8% during the first quarter. First Trust Advisors LP now owns 734,298 shares of the technology company’s stock worth $116,048,000 after acquiring an additional 185,465 shares in the last quarter. Finally, Epoch Investment Partners Inc. raised its stake in Jack Henry & Associates by 82.4% during the first quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock worth $107,718,000 after acquiring an additional 307,886 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Trending Headlines about Jack Henry & Associates

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Jack Henry & Associates Price Performance

Shares of JKHY opened at $173.23 on Friday. Jack Henry & Associates, Inc. has a 12-month low of $121.04 and a 12-month high of $193.39. The business has a 50-day simple moving average of $156.97 and a two-hundred day simple moving average of $154.41. The company has a quick ratio of 1.17, a current ratio of 1.50 and a debt-to-equity ratio of 0.04. The stock has a market cap of $12.15 billion, a PE ratio of 23.80, a PEG ratio of 2.10 and a beta of 0.55.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results on Tuesday, November 3rd. The technology company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 24.46% and a net margin of 19.96%. The firm had revenue of $682.18 million during the quarter, compared to the consensus estimate of $685.54 million. During the same period last year, the company earned $1.97 earnings per share. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Analysts anticipate that Jack Henry & Associates, Inc. will post 7.40 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th were paid a $0.61 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. Jack Henry & Associates’s dividend payout ratio is currently 33.52%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. The Goldman Sachs Group increased their target price on shares of Jack Henry & Associates from $158.00 to $178.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. Raymond James Financial lifted their price target on shares of Jack Henry & Associates from $192.00 to $199.00 and gave the company a “strong-buy” rating in a report on Wednesday, September 16th. Weiss Ratings upgraded shares of Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 20th. Barclays increased their price objective on shares of Jack Henry & Associates from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Stephens assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $200.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Jack Henry & Associates has a consensus rating of “Moderate Buy” and a consensus price target of $193.18.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company that provides software and services to banks and credit unions. Founded in 1976 and headquartered in Monett, Missouri, the company focuses on helping financial institutions manage operations and serve customers.

Its offerings include core banking systems, digital banking platforms, payment processing, lending solutions, and tools for managing fraud, risk, and information security. Jack Henry also provides data, hosting, and related technology services.

The company serves financial institutions across the United States, including community and regional banks and credit unions.