Empowered Funds LLC Takes Position in Pathward Financial, Inc. $CASH

Empowered Funds LLC purchased a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 101,634 shares of the savings and loans company’s stock, valued at approximately $8,848,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in shares of Pathward Financial by 2.4% during the 4th quarter. Cetera Investment Advisers now owns 4,816 shares of the savings and loans company’s stock valued at $342,000 after buying an additional 113 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Pathward Financial by 23.0% in the fourth 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. Osaic Holdings Inc. raised its holdings in Pathward Financial by 2.3% in the second quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company’s stock valued at $461,000 after acquiring an additional 133 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in Pathward Financial by 3.9% in the first quarter. Pictet Asset Management Holding SA now owns 3,528 shares of the savings and loans company’s stock valued at $315,000 after acquiring an additional 134 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Pathward Financial by 5.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,019 shares of the savings and loans company’s stock valued at $269,000 after acquiring an additional 160 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Pathward Financial Trading Down 0.1%

Pathward Financial stock opened at $81.50 on Friday. Pathward Financial, Inc. has a 1 year low of $65.87 and a 1 year high of $101.26. The firm’s 50-day moving average is $87.18 and its 200-day moving average is $87.95. 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 company has a market cap of $1.69 billion, a P/E ratio of 10.21 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates 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. On average, equities analysts expect that Pathward Financial, Inc. will post 7.93 earnings per share for the current year.

Pathward Financial Announces Dividend

The business also recently disclosed 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 is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s payout ratio is currently 2.51%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Piper Sandler restated an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Keefe, Bruyette & Woods cut their price objective on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a research note on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial has a consensus rating of “Buy” and an average target price of $101.00.

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.