Hsbc Holdings PLC Buys 25,717 Shares of H&R Block, Inc. $HRB

Hsbc Holdings PLC lifted its holdings in H&R Block, Inc. (NYSE:HRB) by 38.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,460 shares of the company’s stock after purchasing an additional 25,717 shares during the period. Hsbc Holdings PLC owned about 0.07% of H&R Block worth $4,012,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HRB. Xponance Inc. grew 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 valued at $880,000 after purchasing an additional 223 shares in the last quarter. US Bancorp DE raised its stake in H&R Block by 2.1% in the third quarter. US Bancorp DE now owns 12,601 shares of the company’s stock worth $637,000 after buying an additional 261 shares in the last quarter. Public Employees Retirement System of Ohio raised its position 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 worth $2,335,000 after acquiring an additional 286 shares in the last quarter. Clearstead Advisors LLC raised its holdings in H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 293 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in H&R Block by 1.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 22,496 shares of the company’s stock valued at $980,000 after acquiring an additional 309 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Barrington Research reaffirmed an “outperform” rating and issued a $50.00 price target on shares of H&R Block in a report on Monday, April 27th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a research note 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 given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

H&R Block Stock Up 3.8%

Shares of HRB opened at $37.14 on Friday. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $57.55. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 0.58 and a beta of 0.35. The stock’s 50-day moving average price is $35.61 and its 200-day moving average price is $35.99.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share for the quarter, beating the consensus estimate of $5.77 by $0.25. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period last year, the business earned $5.38 earnings per share. H&R Block’s quarterly 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 analysts anticipate that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently announced 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. 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 payout ratio is 29.89%.

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.