H&R Block, Inc. $HRB Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its holdings in H&R Block, Inc. (NYSE:HRB) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,890,440 shares of the company’s stock after selling 72,903 shares during the period. Geode Capital Management LLC owned about 2.28% of H&R Block worth $125,985,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Xponance Inc. boosted its holdings in shares of H&R Block by 1.3% in the 3rd quarter. Xponance Inc. now owns 17,403 shares of the company’s stock valued at $880,000 after buying an additional 223 shares during the period. US Bancorp DE boosted its holdings in shares of H&R Block by 2.1% in the 3rd quarter. US Bancorp DE now owns 12,601 shares of the company’s stock valued at $637,000 after buying an additional 261 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of H&R Block by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 46,171 shares of the company’s stock valued at $2,335,000 after buying an additional 286 shares during the period. Clearstead Advisors LLC boosted its holdings in shares of H&R Block by 134.4% in the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 293 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of H&R Block by 1.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 22,496 shares of the company’s stock valued at $980,000 after buying an additional 309 shares during the period. 90.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HRB has been the topic of several recent research reports. The Goldman Sachs Group cut their price objective 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. Zacks Research upgraded H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Barrington Research reiterated an “outperform” rating and set a $50.00 price objective on shares of H&R Block in a research report on Monday, April 27th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.

H&R Block Price Performance

Shares of HRB opened at $37.51 on Friday. The firm’s 50 day moving average is $34.10 and its 200-day moving average is $36.67. The stock has a market capitalization of $4.76 billion, a P/E ratio of 6.67, a P/E/G ratio of 0.59 and a beta of 0.35. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $58.38.

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

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be paid 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 4.5%. H&R Block’s payout ratio 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.