H&R Block, Inc. $HRB Stock Holdings Trimmed by Empowered Funds LLC

Empowered Funds LLC lessened its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 70.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 68,423 shares of the company’s stock after selling 159,511 shares during the quarter. Empowered Funds LLC’s holdings in H&R Block were worth $3,756,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. New Vernon Capital Holdings II LLC lifted its holdings in H&R Block by 5,391.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 621,252 shares of the company’s stock worth $34,113,000 after purchasing an additional 609,938 shares during the period. Acadian Asset Management LLC acquired a new stake in H&R Block in the 2nd quarter valued at approximately $20,723,000. Northern Trust Corp increased its position in H&R Block by 11.2% in the 1st quarter. Northern Trust Corp now owns 2,608,496 shares of the company’s stock worth $143,233,000 after buying an additional 263,274 shares during the period. LSV Asset Management boosted its position in shares of H&R Block by 14.3% in the first quarter. LSV Asset Management now owns 1,667,652 shares of the company’s stock valued at $91,571,000 after acquiring an additional 209,019 shares during the period. Finally, Midwest Trust Co acquired a new stake in shares of H&R Block in the second quarter worth $9,678,000. 90.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the completion of the transaction, the chief executive officer owned 906,313 shares in the company, valued at $42,107,301.98. This trade represents a 16.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HRB shares. The Goldman Sachs Group reduced their price target on shares of H&R Block from $54.00 to $48.00 and set a “sell” rating for the company in a report on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H&R Block in a research report on Wednesday. Zacks Research cut shares of H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Finally, Barrington Research restated an “outperform” rating and set a $62.00 price target on shares of H&R Block in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $55.00.

H&R Block Trading Up 1.3%

Shares of H&R Block stock opened at $43.88 on Friday. H&R Block, Inc. has a 52-week low of $43.01 and a 52-week high of $64.62. The firm has a market capitalization of $5.55 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 0.82 and a beta of 0.32. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.90 and a quick ratio of 0.90. The company’s fifty day moving average price is $49.65 and its two-hundred day moving average price is $53.00.

H&R Block (NYSE:HRB) last issued its earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, beating the consensus estimate of ($1.40) by $0.20. The business had revenue of $203.55 million for the quarter, compared to analyst estimates of $200.13 million. H&R Block had a net margin of 16.11% and a negative return on equity of 191.38%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, analysts expect that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

About H&R Block

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.