BNP Paribas Financial Markets lifted its stake in shares of H&R Block, Inc. (NYSE:HRB – Free Report) by 32.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 873,613 shares of the company’s stock after purchasing an additional 216,190 shares during the period. BNP Paribas Financial Markets owned about 0.69% of H&R Block worth $38,072,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the stock. Xponance Inc. lifted its position in shares of H&R Block by 1.3% during the third quarter. Xponance Inc. now owns 17,403 shares of the company’s stock worth $880,000 after purchasing an additional 223 shares during the last quarter. US Bancorp DE lifted its position in shares of H&R Block by 2.1% during the third quarter. US Bancorp DE now owns 12,601 shares of the company’s stock worth $637,000 after purchasing an additional 261 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of H&R Block by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 46,171 shares of the company’s stock worth $2,335,000 after purchasing an additional 286 shares during the last quarter. Clearstead Advisors LLC lifted its position in shares of H&R Block by 134.4% during the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 293 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of H&R Block by 1.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 22,496 shares of the company’s stock worth $980,000 after purchasing an additional 309 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently commented on HRB shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. Zacks Research raised shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. The Goldman Sachs Group reduced their price target on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research report on Friday, February 6th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $50.00 price target on shares of H&R Block in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, H&R Block currently has an average rating of “Moderate Buy” and a consensus target price of $41.00.
H&R Block Stock Down 1.9%
Shares of NYSE HRB opened at $37.85 on Thursday. The firm’s 50-day moving average price is $33.97 and its two-hundred day moving average price is $36.72. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $58.81. The stock has a market capitalization of $4.80 billion, a P/E ratio of 6.74, a P/E/G ratio of 0.60 and a beta of 0.35.
H&R Block (NYSE:HRB – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.77 by $0.25. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. The firm had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the company posted $5.38 earnings per share. H&R Block’s revenue was up 5.3% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. As a group, equities research analysts expect that H&R Block, Inc. will post 5.18 earnings per share for the current year.
H&R Block Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 4.4%. H&R Block’s dividend payout ratio (DPR) is currently 29.89%.
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.
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