Federated Hermes Inc. Acquires 13,804 Shares of H&R Block, Inc. $HRB

Federated Hermes Inc. raised its holdings in H&R Block, Inc. (NYSE:HRB) by 6.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,797 shares of the company’s stock after purchasing an additional 13,804 shares during the period. Federated Hermes Inc. owned approximately 0.18% of H&R Block worth $11,520,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of H&R Block by 85.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock valued at $119,000 after buying an additional 1,009 shares during the period. Jones Financial Companies Lllp raised its holdings in H&R Block by 3.6% in the 1st quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock valued at $627,000 after acquiring an additional 400 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in H&R Block by 15.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock valued at $46,593,000 after acquiring an additional 112,127 shares in the last quarter. Signaturefd LLC lifted its position in shares of H&R Block by 40.0% during the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock valued at $36,000 after acquiring an additional 186 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of H&R Block by 1.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 67,738 shares of the company’s stock worth $3,718,000 after purchasing an additional 865 shares in the last quarter. 90.14% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other H&R Block news, CEO Jeffrey J. Jones II sold 128,818 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the completion of the transaction, the chief executive officer owned 861,313 shares in the company, valued at approximately $38,362,881.02. This trade represents a 13.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on HRB shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a research note on Monday, December 29th. Barrington Research reissued an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $55.00.

H&R Block Trading Up 1.4%

HRB opened at $39.43 on Friday. The company’s 50 day moving average price is $42.35 and its two-hundred day moving average price is $48.06. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 8.86, a PEG ratio of 0.63 and a beta of 0.34. H&R Block, Inc. has a fifty-two week low of $38.35 and a fifty-two week high of $64.62. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76.

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

H&R Block Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Thursday, December 4th. H&R Block’s dividend 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.