Hsbc Holdings PLC Has $4.01 Million Stake in H&R Block, Inc. $HRB

Hsbc Holdings PLC boosted its stake in H&R Block, Inc. (NYSE:HRB) by 38.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,460 shares of the company’s stock after acquiring an additional 25,717 shares during the quarter. Hsbc Holdings PLC owned 0.07% of H&R Block worth $4,012,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HRB. Norges Bank bought a new stake in H&R Block in the 4th quarter valued at approximately $69,441,000. AQR Capital Management LLC raised its holdings in shares of 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 valued at $130,961,000 after purchasing an additional 976,069 shares during the last quarter. Ranmore Fund Management Ltd bought a new stake in shares of H&R Block in the fourth quarter worth $41,314,000. Boston Partners lifted its position in shares of H&R Block by 20.2% in 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 boosted its holdings in H&R Block by 268.1% during the fourth quarter. Millennium Management LLC now owns 839,268 shares of the company’s stock worth $36,575,000 after purchasing an additional 611,265 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on HRB. 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. Weiss Ratings raised shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Finally, Barrington Research restated an “outperform” rating and set a $50.00 price objective on shares of H&R Block in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, H&R Block has an average rating of “Moderate Buy” and a consensus price target of $41.00.

H&R Block Stock Performance

NYSE HRB opened at $38.63 on Friday. The stock has a market cap of $4.90 billion, a PE ratio of 6.87, a P/E/G ratio of 0.55 and a beta of 0.36. The firm has a 50-day moving average of $37.00 and a 200-day moving average of $35.70. 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 announced its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, beating 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%. H&R Block’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. As a group, analysts predict that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $0.42 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.3%. H&R Block’s dividend payout ratio (DPR) is 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.