Local Pensions Partnership Investment 13F: Cuts JKHY Stake by $1.4M
Key Points
- Local Pensions Partnership's recent filing shows a reduction of 10,000 shares in Jack Henry, bringing its total to 135,285 shares worth approximately $19.4 million.
- The stock recently traded around $162.35, about equal to its closing price on the filing date, but remains below its 52-week high of $193.39.
- Jack Henry has a market capitalization of approximately $11.4 billion and a P/E ratio of 23.3, indicating its valuation in the technology sector.
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On October 26, 2026, Local Pensions Partnership trimmed its stake in Jack Henry & Associates, Inc. (JKHY) by 10,000 shares, reducing its holdings to 135,285 shares valued at about $19.4 million. This information comes from the fund's latest Form 13F filing with the SEC.
Local Pensions Partnership's reported value for its entire portfolio is approximately $3.22 billion, with this position representing 0.6% of its total holdings. In this filing, Jack Henry ranks 17th among the fund's 33 positions. The fund's stake in Jack Henry decreased by about 6.9% compared to the previous quarter.
JKHY
Jack Henry & Associates, Inc.
Where Jack Henry Fits in Local Pensions Partnership's Portfolio
Jack Henry now makes up 0.6% of Local Pensions Partnership's total reported holdings, ranking 17th out of 33 positions.
Jack Henry & Associates, Inc. Stock Down 0.1%
As of October 26, 2026, Jack Henry shares traded at $162.35, which is about equal to the closing price on the filing date. The stock is currently above its 50-day and 200-day moving averages, but it is still 16.1% below its 52-week high of $193.39.
Recent Earnings
Jack Henry reported trailing twelve-month revenue of approximately $2.54 billion and an EPS of $6.98. The company is set to announce its next earnings on November 3, 2026.
Dividend
Jack Henry offers an annual dividend rate of $2.44 per share, yielding around 1.5%. The payout ratio stands at 34.1%.
Insider Buying and Selling at Jack Henry & Associates, Inc.
Recently, Chief Operating Officer Shanon G. McLachlan sold 227 shares at an average price of $160.83 on November 10, 2025, totaling about $36,508. Director David B Foss also sold 20,000 shares at $174.92 on December 1, 2025, for approximately $3.5 million. CEO Gregory R. Adelson bought 2,000 shares at $133.42 on May 14, 2026, worth about $266,840, while CFO Mimi Carsley bought 375 shares at $134.12 on the same date for roughly $50,295.
Analysts Set New Price Targets
On September 16, 2026, Raymond James maintained a "Strong Buy" rating with a price target of $199. On September 28, Seaport Global initiated coverage with a "Buy" rating and a target of $193. RBC Capital reiterated an "Outperform" rating with a target of $178 on September 30, 2026. The consensus target mean price for Jack Henry is $188.11, reflecting a bullish outlook from analysts.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. provides technology solutions and payment processing services to financial institutions in the U.S. The company operates through various segments, including Core, Payments, Complementary, and Corporate Services. Its performance is closely watched as it plays a key role in the financial technology sector.
Bottom Line
Investors should keep an eye on the upcoming earnings report scheduled for November 3, 2026, as well as any further filings from Local Pensions Partnership regarding its stake in Jack Henry. This recent adjustment reflects the fund's strategy amid current market conditions.
Related Filing Alerts
Source: Local Pensions Partnership Investment's 13F filing on $JKHY (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts