WCM Investment Management LLC Takes Position in Pathward Financial, Inc. $CASH

WCM Investment Management LLC acquired a new stake in Pathward Financial, Inc. (NASDAQ:CASH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 62,463 shares of the savings and loans company’s stock, valued at approximately $5,488,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after purchasing an additional 432 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Pathward Financial by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after buying an additional 118 shares during the last quarter. State of Wyoming acquired a new stake in shares of Pathward Financial during the 2nd quarter worth approximately $46,000. Rockefeller Capital Management L.P. raised its position in shares of Pathward Financial by 225.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after buying an additional 591 shares during the period. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Pathward Financial during the 4th quarter valued at approximately $77,000. 92.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CASH has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Keefe, Bruyette & Woods lifted their target price on Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial presently has an average rating of “Buy” and a consensus target price of $107.50.

Pathward Financial Trading Down 0.5%

Shares of CASH stock opened at $89.34 on Tuesday. Pathward Financial, Inc. has a 1-year low of $65.87 and a 1-year high of $101.26. The firm has a market cap of $1.89 billion, a PE ratio of 10.61 and a beta of 0.60. The company has a 50-day moving average of $84.56 and a two-hundred day moving average of $86.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.80.

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 (EPS) for the quarter, meeting 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 for the quarter, compared to the consensus estimate of $272.04 million. During the same period in the previous year, the firm earned $3.11 EPS. The business’s revenue was up 5.1% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, analysts predict that Pathward Financial, Inc. will post 8.73 EPS for the current year.

Pathward Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s payout ratio is presently 2.38%.

Insiders Place Their Bets

In other Pathward Financial news, Director Elizabeth G. Hoople sold 4,500 shares of the company’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 directly owned 28,050 shares in the company, valued at $2,308,234.50. This represents a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Douglas J. Hajek sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total value of $431,850.00. Following the transaction, the director owned 12,281 shares of the company’s stock, valued at approximately $1,060,709.97. This represents a 28.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.43% of the stock is owned by corporate insiders.

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.