Corient Private Wealth LLC Sells 14,122 Shares of H&R Block, Inc. $HRB

Corient Private Wealth LLC reduced its holdings in H&R Block, Inc. (NYSE:HRB) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,862 shares of the company’s stock after selling 14,122 shares during the quarter. Corient Private Wealth LLC owned approximately 0.12% of H&R Block worth $6,703,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in H&R Block by 85.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock valued at $119,000 after purchasing an additional 1,009 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of H&R Block by 3.6% during the first quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock worth $627,000 after purchasing an additional 400 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of H&R Block by 15.2% in the first quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock valued at $46,593,000 after buying an additional 112,127 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of H&R Block by 100.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after buying an additional 357 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of H&R Block by 119.2% in the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $50,000 after buying an additional 497 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Barrington Research restated an “outperform” rating and issued a $50.00 price objective on shares of H&R Block in a research report on Monday, April 27th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $41.00.

H&R Block Stock Performance

NYSE:HRB opened at $35.78 on Friday. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 6.37, a P/E/G ratio of 0.56 and a beta of 0.35. The stock’s fifty day moving average price is $35.49 and its two-hundred day moving average price is $35.98. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $57.55.

H&R Block (NYSE:HRB) last released its earnings results on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, beating the consensus estimate of $5.77 by $0.25. The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the firm earned $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. On average, equities analysts predict that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, June 3rd. H&R Block’s dividend payout ratio (DPR) is presently 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.