Jack Henry & Associates (NASDAQ:JKHY) Downgraded by William Blair to “Hold”

William Blair lowered shares of Jack Henry & Associates (NASDAQ:JKHY) from a strong-buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports. William Blair also issued estimates for Jack Henry & Associates’ Q2 2025 earnings at $1.33 EPS, Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $1.49 EPS, FY2025 earnings at $5.84 EPS, Q2 2026 earnings at $1.43 EPS, Q3 2026 earnings at $1.51 EPS, Q4 2026 earnings at $1.63 EPS and FY2026 earnings at $6.29 EPS.

Several other equities research analysts also recently issued reports on the company. Royal Bank of Canada boosted their price objective on Jack Henry & Associates from $181.00 to $203.00 and gave the company a “sector perform” rating in a report on Thursday. Compass Point began coverage on Jack Henry & Associates in a research note on Wednesday, September 4th. They set a “neutral” rating and a $186.00 target price for the company. Robert W. Baird boosted their target price on Jack Henry & Associates from $186.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Oppenheimer assumed coverage on Jack Henry & Associates in a research report on Tuesday, October 1st. They set an “outperform” rating and a $206.00 price objective for the company. Finally, Stephens reaffirmed an “equal weight” rating and set a $170.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday. Eleven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $188.73.

Jack Henry & Associates Price Performance

NASDAQ:JKHY opened at $179.77 on Wednesday. Jack Henry & Associates has a 52 week low of $146.46 and a 52 week high of $189.63. The company has a quick ratio of 1.00, a current ratio of 0.51 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $13.11 billion, a P/E ratio of 32.92, a P/E/G ratio of 3.31 and a beta of 0.63. The stock’s fifty day moving average is $179.26 and its two-hundred day moving average is $170.64.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, November 5th. The technology company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.02. The firm had revenue of $600.98 million for the quarter, compared to the consensus estimate of $599.56 million. Jack Henry & Associates had a return on equity of 21.81% and a net margin of 17.79%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 EPS. Equities analysts expect that Jack Henry & Associates will post 5.82 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 6th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.22%. The ex-dividend date was Friday, September 6th. Jack Henry & Associates’s dividend payout ratio is presently 40.29%.

Institutional Trading of Jack Henry & Associates

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. raised its stake in Jack Henry & Associates by 6,680.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 115,398 shares of the technology company’s stock valued at $19,158,000 after acquiring an additional 113,696 shares during the last quarter. Boston Trust Walden Corp raised its stake in shares of Jack Henry & Associates by 3.0% during the 2nd quarter. Boston Trust Walden Corp now owns 212,731 shares of the technology company’s stock worth $35,318,000 after buying an additional 6,173 shares in the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Jack Henry & Associates by 4.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 91,114 shares of the technology company’s stock worth $15,829,000 after buying an additional 4,252 shares in the last quarter. Epoch Investment Partners Inc. raised its stake in shares of Jack Henry & Associates by 23.3% during the 1st quarter. Epoch Investment Partners Inc. now owns 359,330 shares of the technology company’s stock worth $62,426,000 after buying an additional 67,816 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its stake in shares of Jack Henry & Associates by 569.9% during the 1st quarter. UniSuper Management Pty Ltd now owns 6,049 shares of the technology company’s stock worth $1,051,000 after buying an additional 5,146 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

About Jack Henry & Associates

Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.