8,493 Shares in Pathward Financial, Inc. $CASH Acquired by Horizon Investments LLC

Horizon Investments LLC bought a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 8,493 shares of the savings and loans company’s stock, valued at approximately $603,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Pathward Financial by 210.0% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 25,786 shares of the savings and loans company’s stock worth $1,908,000 after purchasing an additional 17,469 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Pathward Financial by 19.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 159,673 shares of the savings and loans company’s stock valued at $11,476,000 after acquiring an additional 26,446 shares in the last quarter. Aptus Capital Advisors LLC grew its position in Pathward Financial by 15.2% in the third quarter. Aptus Capital Advisors LLC now owns 142,215 shares of the savings and loans company’s stock valued at $10,525,000 after acquiring an additional 18,720 shares in the last quarter. Federated Hermes Inc. grew its position in Pathward Financial by 2,640.8% in the third quarter. Federated Hermes Inc. now owns 25,489 shares of the savings and loans company’s stock valued at $1,886,000 after acquiring an additional 24,559 shares in the last quarter. Finally, Mawer Investment Management Ltd. grew its position in Pathward Financial by 35.7% in the third quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company’s stock valued at $25,612,000 after acquiring an additional 91,066 shares in the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Insider Buying and Selling

In other news, Director Douglas J. Hajek sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the sale, the director owned 12,281 shares of the company’s stock, valued at approximately $1,060,709.97. This trade represents a 28.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brett L. Pharr sold 15,641 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the sale, the chief executive officer directly owned 78,261 shares of the company’s stock, valued at $7,347,142.68. The trade was a 16.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CASH. Keefe, Bruyette & Woods increased their price objective on shares of Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Piper Sandler began coverage on shares of Pathward Financial in a research report on Thursday, March 12th. They issued an “overweight” rating and a $107.00 price objective for the company. Weiss Ratings raised shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Finally, Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $107.50.

Pathward Financial Stock Down 1.4%

CASH stock opened at $86.32 on Friday. Pathward Financial, Inc. has a twelve month low of $65.87 and a twelve month high of $101.26. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.88 billion, a P/E ratio of 10.25 and a beta of 0.64. The firm has a 50 day simple moving average of $91.39 and a 200-day simple moving average of $81.92.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The business had revenue of $276.30 million during the quarter, compared to the consensus estimate of $272.04 million. During the same quarter last year, the company earned $3.11 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities research analysts predict that Pathward Financial, Inc. will post 8.73 earnings per share for the current fiscal year.

Pathward Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is presently 2.38%.

Pathward Financial Profile

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.