Epoch Investment Partners Inc. Acquires 307,886 Shares of Jack Henry & Associates, Inc. $JKHY

Epoch Investment Partners Inc. lifted its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 82.4% during the first quarter, Holdings Channel reports. The institutional investor owned 681,587 shares of the technology company’s stock after acquiring an additional 307,886 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Jack Henry & Associates were worth $107,718,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Northwest & Ethical Investments L.P. lifted its position in Jack Henry & Associates by 3.3% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 2,002 shares of the technology company’s stock valued at $365,000 after acquiring an additional 64 shares during the period. Advisory Services Network LLC increased its stake in shares of Jack Henry & Associates by 2.6% during the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock valued at $466,000 after purchasing an additional 69 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its stake in shares of Jack Henry & Associates by 0.3% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 22,768 shares of the technology company’s stock valued at $3,598,000 after purchasing an additional 71 shares in the last quarter. DNB Asset Management AS lifted its holdings in shares of Jack Henry & Associates by 0.6% during the fourth quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock valued at $2,420,000 after purchasing an additional 76 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of Jack Henry & Associates by 5.1% in the 4th quarter. Schroder Investment Management Group now owns 1,595 shares of the technology company’s stock worth $291,000 after purchasing an additional 77 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on JKHY shares. UBS Group set a $165.00 price target on Jack Henry & Associates in a research note on Thursday, May 7th. Morgan Stanley set a $170.00 price target on Jack Henry & Associates in a report on Friday, May 8th. Royal Bank Of Canada lowered their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Wolfe Research set a $165.00 price objective on shares of Jack Henry & Associates in a research report on Monday, June 29th. Finally, The Goldman Sachs Group cut their price objective on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jack Henry & Associates presently has an average rating of “Moderate Buy” and an average target price of $186.07.

Jack Henry & Associates Stock Up 1.6%

Jack Henry & Associates stock opened at $150.58 on Friday. Jack Henry & Associates, Inc. has a 12 month low of $121.04 and a 12 month high of $193.39. The stock has a fifty day simple moving average of $138.34 and a two-hundred day simple moving average of $155.29. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The firm has a market cap of $10.70 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 2.08 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million for the quarter, compared to the consensus estimate of $619.67 million. During the same period in the prior year, the company posted $1.52 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities analysts predict that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were paid a dividend of $0.61 per share. The ex-dividend date was Monday, June 1st. This represents a $2.44 annualized dividend and a yield of 1.6%. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

Insider Activity

In related news, CEO Gregory R. Adelson acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average cost of $133.42 per share, with a total value of $266,840.00. Following the completion of the acquisition, the chief executive officer directly owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. This trade represents a 10.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Mimi Carsley acquired 375 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the transaction, the chief financial officer owned 6,007 shares of the company’s stock, valued at $805,658.84. This trade represents a 6.66% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.60% of the stock is currently owned by corporate insiders.

Jack Henry & Associates Company Profile

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.