Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 34,300 Shares of Jack Henry & Associates, Inc. $JKHY

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 88.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 73,266 shares of the technology company’s stock after purchasing an additional 34,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Jack Henry & Associates were worth $11,579,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Northwest & Ethical Investments L.P. raised its holdings in shares of Jack Henry & Associates by 3.3% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 2,002 shares of the technology company’s stock worth $365,000 after acquiring an additional 64 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Jack Henry & Associates by 2.6% in the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock valued at $466,000 after purchasing an additional 69 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its position in Jack Henry & Associates by 0.3% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 22,768 shares of the technology company’s stock worth $3,598,000 after purchasing an additional 71 shares during the last quarter. DNB Asset Management AS increased its position in Jack Henry & Associates by 0.6% in the fourth quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock worth $2,420,000 after purchasing an additional 76 shares during the last quarter. Finally, Schroder Investment Management Group raised its stake in Jack Henry & Associates by 5.1% during the fourth quarter. Schroder Investment Management Group now owns 1,595 shares of the technology company’s stock valued at $291,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Insider Activity

In other news, CEO Gregory R. Adelson acquired 2,000 shares of Jack Henry & Associates stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $133.42 per share, with a total value of $266,840.00. Following the transaction, the chief executive officer directly owned 21,036 shares of the company’s stock, valued at $2,806,623.12. This trade represents a 10.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CFO Mimi Carsley acquired 375 shares of Jack Henry & Associates stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average cost of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the transaction, the chief financial officer directly owned 6,007 shares in the company, valued at $805,658.84. This trade represents a 6.66% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.

Jack Henry & Associates Price Performance

Shares of JKHY opened at $146.87 on Friday. The company has a market cap of $10.44 billion, a PE ratio of 20.54, a P/E/G ratio of 2.06 and a beta of 0.57. The business has a fifty day moving average of $137.53 and a 200 day moving average of $159.03. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The business had revenue of $615.93 million for the quarter, compared to analysts’ expectations of $619.67 million. During the same quarter in the previous year, the business posted $1.52 earnings per share. The business’s revenue was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, sell-side analysts expect that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is presently 34.13%.

Analyst Ratings Changes

A number of brokerages have commented on JKHY. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Loop Capital assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 target price on the stock. Morgan Stanley set a $170.00 price target on shares of Jack Henry & Associates in a report on Friday, May 8th. Wolfe Research set a $165.00 price target on Jack Henry & Associates in a research report on Monday, June 29th. Finally, The Goldman Sachs Group dropped their price target on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $187.31.

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.