Copeland Capital Management LLC Has $30.41 Million Stock Position in Jack Henry & Associates, Inc. $JKHY

Copeland Capital Management LLC reduced its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 166,627 shares of the technology company’s stock after selling 5,919 shares during the period. Copeland Capital Management LLC owned approximately 0.23% of Jack Henry & Associates worth $30,406,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JKHY. Caitong International Asset Management Co. Ltd raised its holdings in Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after buying an additional 195 shares during the period. Quent Capital LLC acquired a new stake in Jack Henry & Associates during the 3rd quarter worth approximately $33,000. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates during the 2nd quarter worth approximately $35,000. MUFG Securities EMEA plc acquired a new stake in Jack Henry & Associates during the 2nd quarter worth approximately $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Jack Henry & Associates during the 3rd quarter worth approximately $44,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JKHY has been the topic of several research analyst reports. Morgan Stanley raised their target price on shares of Jack Henry & Associates from $168.00 to $183.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. DA Davidson restated a “buy” rating and set a $216.00 target price on shares of Jack Henry & Associates in a report on Wednesday, February 4th. Wells Fargo & Company upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $181.00 to $196.00 in a report on Tuesday, February 17th. Stephens upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective on the stock in a report on Thursday, February 5th. Finally, Wolfe Research set a $220.00 price objective on shares of Jack Henry & Associates and gave the company an “outperform” rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $200.15.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $150.60 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a 12-month low of $144.12 and a 12-month high of $193.39. The company has a market capitalization of $10.87 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 2.34 and a beta of 0.72. The firm’s 50 day moving average is $159.75 and its 200-day moving average is $167.96.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The company had revenue of $611.18 million for the quarter, compared to the consensus estimate of $608.46 million. During the same period last year, the company earned $1.34 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Equities research analysts anticipate that Jack Henry & Associates, Inc. will post 6.67 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Thursday, March 5th were issued a dividend of $0.61 per share. The ex-dividend date was Thursday, March 5th. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.6%. Jack Henry & Associates’s dividend payout ratio is presently 35.06%.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.