SG Americas Securities LLC Buys 68,876 Shares of H&R Block, Inc. $HRB

SG Americas Securities LLC lifted its position in H&R Block, Inc. (NYSE:HRB) by 72.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,973 shares of the company’s stock after acquiring an additional 68,876 shares during the period. SG Americas Securities LLC owned approximately 0.13% of H&R Block worth $5,205,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new position in H&R Block during the fourth quarter valued at approximately $69,441,000. AQR Capital Management LLC raised its holdings in H&R Block by 60.4% in the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock worth $130,961,000 after purchasing an additional 976,069 shares during the period. Ranmore Fund Management Ltd bought a new position in shares of H&R Block during the fourth quarter worth $41,314,000. 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 purchasing an additional 652,690 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of H&R Block by 268.1% in the 4th quarter. Millennium Management LLC now owns 839,268 shares of the company’s stock valued at $36,575,000 after buying an additional 611,265 shares during the period. Institutional investors own 90.14% of the company’s stock.

H&R Block Stock Down 0.2%

H&R Block stock opened at $37.14 on Monday. The company has a 50 day moving average of $35.61 and a 200-day moving average of $35.95. H&R Block, Inc. has a twelve month low of $28.16 and a twelve month high of $57.55. The stock has a market capitalization of $4.71 billion, a PE ratio of 6.61, a price-to-earnings-growth ratio of 0.58 and a beta of 0.35.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, topping analysts’ consensus estimates of $5.77 by $0.25. The business had revenue of $2.40 billion for 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 firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period 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. Equities analysts anticipate that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Dividend Announcement

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 given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. H&R Block’s dividend payout ratio is currently 29.89%.

Analyst Upgrades and Downgrades

HRB has been the subject of a number of recent analyst reports. 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. Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. Finally, Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $41.00.

About H&R Block

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.