Fideuram Asset Management Ireland dac Invests $668,000 in H&R Block, Inc. $HRB

Fideuram Asset Management Ireland dac acquired a new position in shares of H&R Block, Inc. (NYSE:HRB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,062 shares of the company’s stock, valued at approximately $668,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Boston Partners boosted its position in shares of H&R Block by 20.2% during the third quarter. Boston Partners now owns 3,886,544 shares of the company’s stock worth $196,542,000 after buying an additional 652,690 shares during the period. Lazard Asset Management LLC boosted its position in shares of H&R Block by 0.8% during the third quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock worth $162,490,000 after buying an additional 26,708 shares during the period. Northern Trust Corp raised its holdings in H&R Block by 10.9% during the third quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock worth $139,088,000 after acquiring an additional 269,581 shares in the last quarter. AQR Capital Management LLC raised its holdings in H&R Block by 60.4% during the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock worth $130,961,000 after acquiring an additional 976,069 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in H&R Block by 2.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,316,404 shares of the company’s stock worth $117,141,000 after acquiring an additional 56,147 shares in the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

H&R Block Stock Up 0.6%

NYSE:HRB opened at $38.54 on Friday. The stock’s 50 day moving average price is $33.54 and its two-hundred day moving average price is $36.95. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 6.86, a P/E/G ratio of 0.59 and a beta of 0.29. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $59.05.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.77 by $0.25. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Equities research analysts expect that H&R Block, Inc. will post 5.18 EPS for the current year.

H&R Block Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be given a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a dividend yield of 4.4%. H&R Block’s dividend payout ratio is presently 29.89%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HRB shares. Barrington Research reiterated an “outperform” rating and set a $50.00 target price on shares of H&R Block in a report on Monday, April 27th. Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. The Goldman Sachs Group dropped their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. Finally, Zacks Research upgraded H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

H&R Block 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.