Key Points
- COO Shanon Mclachlan sold 227 shares on November 10 at an average price of $160.83 for $36,508.41, leaving her with 1,420 shares — a 13.78% reduction in her stake.
- Jack Henry beat Q3 estimates, reporting $1.97 EPS (vs. $1.64 consensus) and $636.11M revenue (vs. $634.42M), and set FY 2026 guidance of $6.380–$6.490 EPS.
- The company declared a quarterly dividend of $0.58 per share (annualized $2.32, yield 1.4%, ex-dividend Dec. 2), while analysts have trimmed targets and the consensus rating remains Hold with an average target of $177.25.
Jack Henry & Associates, Inc. (NASDAQ:JKHY - Get Free Report) COO Shanon Mclachlan sold 227 shares of the firm's stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $160.83, for a total transaction of $36,508.41. Following the transaction, the chief operating officer directly owned 1,420 shares in the company, valued at approximately $228,378.60. This represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Jack Henry & Associates Stock Down 1.0%
NASDAQ:JKHY traded down $1.73 during midday trading on Friday, hitting $163.54. The company had a trading volume of 267,702 shares, compared to its average volume of 742,174. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $196.00. The stock's fifty day moving average price is $154.87 and its 200-day moving average price is $167.78. The company has a market capitalization of $11.88 billion, a PE ratio of 26.20, a P/E/G ratio of 2.74 and a beta of 0.76.
Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.64 by $0.33. The firm had revenue of $636.11 million for the quarter, compared to analyst estimates of $634.42 million. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The business's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.63 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. As a group, research analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.
Jack Henry & Associates Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.58 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.4%. Jack Henry & Associates's payout ratio is 35.26%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Summit Securities Group LLC acquired a new stake in Jack Henry & Associates in the 1st quarter valued at about $26,000. Hantz Financial Services Inc. acquired a new position in shares of Jack Henry & Associates during the 2nd quarter valued at about $27,000. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates in the third quarter valued at about $33,000. CYBER HORNET ETFs LLC bought a new stake in Jack Henry & Associates in the second quarter valued at about $35,000. Finally, Cullen Frost Bankers Inc. acquired a new position in Jack Henry & Associates during the 1st quarter valued at about $38,000. 98.75% of the stock is owned by institutional investors.
Analyst Ratings Changes
JKHY has been the topic of several recent research reports. DA Davidson dropped their price target on shares of Jack Henry & Associates from $204.00 to $190.00 and set a "buy" rating on the stock in a research report on Wednesday, October 29th. Keefe, Bruyette & Woods dropped their price objective on Jack Henry & Associates from $178.00 to $170.00 and set a "market perform" rating for the company in a research note on Wednesday, October 1st. Royal Bank Of Canada reduced their price objective on Jack Henry & Associates from $203.00 to $185.00 and set a "sector perform" rating on the stock in a report on Thursday, August 21st. UBS Group reduced their target price on Jack Henry & Associates from $185.00 to $175.00 and set a "neutral" rating on the stock in a research report on Thursday, August 21st. Finally, The Goldman Sachs Group increased their target price on shares of Jack Henry & Associates from $155.00 to $175.00 and gave the company a "neutral" rating in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Jack Henry & Associates presently has a consensus rating of "Hold" and an average target price of $177.25.
Get Our Latest Stock Report on JKHY
About Jack Henry & Associates
(
Get Free Report)
Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.
Further Reading
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