17,751 Shares in Pathward Financial, Inc. $CASH Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Pathward Financial, Inc. (NASDAQ:CASH) during the second quarter, HoldingsChannel reports. The firm purchased 17,751 shares of the savings and loans company’s stock, valued at approximately $1,545,000.

Several other hedge funds have also added to or reduced their stakes in the business. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial in the fourth quarter valued at $267,437,000. Royal Bank of Canada lifted its stake in shares of Pathward Financial by 21.2% during the 1st quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock worth $369,000 after buying an additional 886 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Pathward Financial by 61.3% during the 1st quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock worth $668,000 after buying an additional 3,479 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Pathward Financial by 264.1% during the 1st quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock worth $9,385,000 after buying an additional 93,308 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Pathward Financial during the 2nd quarter worth about $980,000. Institutional investors and hedge funds own 92.66% of the company’s stock.

Wall Street Analysts Forecast Growth

CASH has been the topic of several research analyst reports. Keefe, Bruyette & Woods lowered their price target on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $101.00.

Insider Buying and Selling

In other Pathward Financial news, Director Elizabeth G. Hoople sold 4,500 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $82.29, for a total transaction of $370,305.00. Following the transaction, the director owned 28,050 shares in the company, valued at $2,308,234.50. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.43% of the stock is currently owned by company insiders.

Pathward Financial Trading Down 0.8%

Shares of Pathward Financial stock opened at $82.99 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. The firm has a 50-day moving average of $87.17 and a 200-day moving average of $88.21. Pathward Financial, Inc. has a 52-week low of $65.87 and a 52-week high of $101.26. The stock has a market cap of $1.72 billion, a PE ratio of 10.40 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The business had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, sell-side analysts forecast that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio is currently 2.51%.

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.