Dynamic Technology Lab Private Ltd Has $1.70 Million Holdings in Jack Henry & Associates, Inc. $JKHY

Dynamic Technology Lab Private Ltd grew its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 164.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,437 shares of the technology company’s stock after purchasing an additional 7,111 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Jack Henry & Associates were worth $1,703,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Hantz Financial Services Inc. acquired a new position in Jack Henry & Associates in the second quarter valued at approximately $27,000. Quent Capital LLC acquired a new stake in Jack Henry & Associates during the 3rd quarter worth $33,000. CYBER HORNET ETFs LLC bought a new stake in shares of Jack Henry & Associates during the 2nd quarter valued at $35,000. MUFG Securities EMEA plc bought a new stake in shares of Jack Henry & Associates during the 2nd quarter valued at $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Jack Henry & Associates in the 3rd quarter valued at $44,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

Shares of Jack Henry & Associates stock opened at $171.83 on Friday. The stock’s fifty day simple moving average is $175.06 and its 200 day simple moving average is $167.66. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $12.40 billion, a PE ratio of 24.69, a PEG ratio of 2.61 and a beta of 0.72. Jack Henry & Associates, Inc. has a 12 month low of $144.12 and a 12 month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results 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 return on equity of 23.75% and a net margin of 20.59%.The firm had revenue of $611.18 million during the quarter, compared to analysts’ expectations of $608.46 million. During the same period in the previous year, the firm earned $1.34 earnings per share. The company’s revenue was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, research analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Thursday, March 5th will be given a $0.61 dividend. The ex-dividend date is Thursday, March 5th. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s payout ratio is presently 35.06%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Wolfe Research set a $220.00 price target on Jack Henry & Associates and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Robert W. Baird raised Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 target price on the stock in a research note on Thursday, February 5th. Stephens upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a report on Thursday, February 5th. Morgan Stanley boosted their target price on Jack Henry & Associates from $168.00 to $183.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Finally, Raymond James Financial raised Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price target for the company in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.42.

Jack Henry & Associates 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.