Legal & General Group Plc Has $8.81 Million Position in H&R Block, Inc. $HRB

Legal & General Group Plc reduced its position in shares of H&R Block, Inc. (NYSE:HRB) by 23.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 202,168 shares of the company’s stock after selling 60,901 shares during the quarter. Legal & General Group Plc owned 0.16% of H&R Block worth $8,810,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HRB. Hantz Financial Services Inc. increased its stake in shares of H&R Block by 144.7% in the fourth quarter. Hantz Financial Services Inc. now owns 3,296 shares of the company’s stock worth $144,000 after acquiring an additional 1,949 shares during the last quarter. Catalyst Funds Management Pty Ltd acquired a new position in shares of H&R Block in the fourth quarter worth $200,000. Jefferies Financial Group Inc. increased its stake in shares of H&R Block by 68.0% in the fourth quarter. Jefferies Financial Group Inc. now owns 45,038 shares of the company’s stock worth $1,963,000 after acquiring an additional 18,225 shares during the last quarter. MQS Management LLC acquired a new position in shares of H&R Block in the fourth quarter worth $221,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of H&R Block by 69.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,361 shares of the company’s stock worth $103,000 after acquiring an additional 965 shares during the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

H&R Block Trading Down 1.2%

NYSE HRB opened at $37.51 on Friday. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of 6.67, a PEG ratio of 0.59 and a beta of 0.35. The company has a 50 day moving average of $34.10 and a 200-day moving average of $36.67. H&R Block, Inc. has a 1-year low of $28.16 and a 1-year high of $58.38.

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

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $0.42 per share. 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 dividend payout ratio (DPR) is presently 29.89%.

Analysts Set New Price Targets

Several equities analysts have commented on HRB shares. The Goldman Sachs Group lowered their target price 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. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. Barrington Research reissued an “outperform” rating and set a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

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.