RBC Capital Reiterates Buy Rating for Jack Henry & Associates
RBC Capital maintains its buy rating on Jack Henry & Associates, setting a price target of $173, a 38.12% upside from the current price.
Key Points
- RBC Capital reiterated its buy rating for Jack Henry & Associates, Inc. (JKHY) with a price target of $173 on June 18, 2026.
- RBC Capital's $173 price target implies 38.12% upside from Jack Henry & Associates, Inc.'s ($JKHY) current $125.25 share price.
- Shares of JKHY traded at $124.22 with a market cap of $8.83 billion and a P/E ratio of 17.3.
- Recent insider activity included CEO Gregory Adelson purchasing 2,000 shares at $133.42 on May 14, 2026.
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RBC Capital reiterated its buy rating on Jack Henry & Associates, Inc. (NasdaqGS: JKHY) on June 18, 2026. The firm set a price target of $173 for the financial technology company. This follows a previous target of $180 set in early May.
Other Institutional Activity in Jack Henry & Associates
Among Jack Henry's institutional investors, BlackRock, Inc. reduced its holdings slightly by 20,495 shares, ending with 5,958,055 shares valued at about $941.6 million. Kayne Anderson Rudnick Investment Management LLC cut its position by 401,144 shares, holding 5,459,640 shares worth approximately $862.8 million. On the other hand, Vanguard Capital Management LLC entered a new position with 4,680,410 shares valued at $739.7 million. Morgan Stanley also expanded its stake, adding 233,589 shares for a total of 2,683,848 shares valued at $424.2 million.
Jack Henry & Associates, Inc. Stock Down 26.2%
Shares of Jack Henry & Associates traded at $124.22. The company has a market capitalization of $8.83 billion and a P/E ratio of 17.3. Its stock has a 52-week low of $123.56 and a high of $193.39. The 50-day moving average is $142.55, and the 200-day moving average is $160.77. With a beta of 0.575, it suggests relatively low volatility compared to the market.
Recent Earnings
Jack Henry & Associates reported revenue of $2.52 billion with a growth rate of 8.7%. The company achieved a net margin of 20.6% and a return on equity of 24.9%. The next earnings report is expected on August 18, 2026.
Dividend
The company pays an annual dividend rate of $2.38, yielding 1.84% with a payout ratio of 32.8%.
Insider Buying and Selling at Jack Henry & Associates, Inc.
Recent insider activity includes CEO Gregory Adelson purchasing 2,000 shares at an average price of $133.42 on May 14, 2026. CFO and Treasurer Mimi Carsley also bought 375 shares at $134.12 on the same day. Earlier in the year, COO Shanon McLachlan sold 67 shares at $182.48 on January 1, 2026.
Analysts Set New Price Targets
On June 18, 2026, RBC Capital maintained its buy rating with a price target of $173. Other analysts have also weighed in, with DA Davidson maintaining a buy rating and setting a higher target of $198 on May 1, 2026. Loop Capital initiated coverage with a buy rating and a $197 target on March 31, 2026. The consensus among 13 analysts is a buy rating, with an average target price of $188.
About Jack Henry & Associates
Jack Henry & Associates, Inc. is a financial technology company based in Monett, Missouri. It connects financial institutions and individuals through its technology solutions and payment processing services. The company operates four segments: Core, Payments, Complementary, and Corporate and Other. It provides a variety of services, including core information processing, secure payment processing, and digital banking solutions. Jack Henry employs about 7,300 people and is led by CEO Gregory R. Adelson.
Bottom Line
RBC Capital's reiteration of its buy rating for Jack Henry & Associates reflects continued confidence in the company's prospects. The stock's recent trading price and market metrics suggest it remains a point of interest for investors. As always, remember that analyst ratings are based on historical data and market conditions that may change.
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