H&R Block, Inc. $HRB Stake Increased by Cwm LLC

Cwm LLC boosted its stake in H&R Block, Inc. (NYSE:HRB) by 198.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 45,257 shares of the company’s stock after buying an additional 30,098 shares during the period. Cwm LLC’s holdings in H&R Block were worth $2,289,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC bought a new stake in shares of H&R Block in the 2nd quarter worth about $27,000. Signaturefd LLC lifted its position in shares of H&R Block by 40.0% during the second quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after purchasing an additional 186 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in H&R Block by 100.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 357 shares in the last quarter. Bogart Wealth LLC increased its holdings in H&R Block by 30.0% in the second quarter. Bogart Wealth LLC now owns 866 shares of the company’s stock valued at $48,000 after buying an additional 200 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in H&R Block by 119.2% in the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $50,000 after buying an additional 497 shares during the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total value of $8,197,820.54. Following the completion of the transaction, the chief executive officer directly owned 906,313 shares of the company’s stock, valued at $42,107,301.98. This represents a 16.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on HRB. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a report on Monday. Barrington Research reaffirmed an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a report on Monday, October 27th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, H&R Block presently has an average rating of “Hold” and an average price target of $55.00.

H&R Block Stock Down 2.3%

H&R Block stock opened at $42.58 on Friday. The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.76 and a current ratio of 0.76. H&R Block, Inc. has a one year low of $41.17 and a one year high of $64.62. The company has a 50-day simple moving average of $44.77 and a 200-day simple moving average of $50.00. The firm has a market capitalization of $5.38 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.71 and a beta of 0.34.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, beating the consensus estimate of ($1.40) by $0.20. The firm had revenue of $203.55 million for the quarter, compared to the consensus estimate of $200.13 million. H&R Block had a net margin of 16.24% and a negative return on equity of 169.98%. H&R Block’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, equities analysts expect that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th will be given a dividend of $0.42 per share. The ex-dividend date is Thursday, December 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.9%. H&R Block’s payout ratio is currently 37.75%.

H&R Block Company Profile

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.