Ontario Teachers Pension Plan Board Lowers Stock Position in H&R Block, Inc. $HRB

Ontario Teachers Pension Plan Board trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 64.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,350 shares of the company’s stock after selling 22,556 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in H&R Block were worth $625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HRB. CWM LLC lifted its stake in shares of H&R Block by 1.3% during the 2nd quarter. CWM LLC now owns 15,159 shares of the company’s stock worth $832,000 after purchasing an additional 197 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of H&R Block by 26.9% during the third quarter. Versant Capital Management Inc now owns 1,042 shares of the company’s stock valued at $53,000 after buying an additional 221 shares during the last quarter. Cahill Financial Advisors Inc. boosted its holdings in shares of H&R Block by 5.7% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 4,075 shares of the company’s stock valued at $206,000 after buying an additional 221 shares in the last quarter. ProShare Advisors LLC boosted its holdings in shares of H&R Block by 4.1% in the 2nd quarter. ProShare Advisors LLC now owns 5,936 shares of the company’s stock valued at $326,000 after buying an additional 233 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of H&R Block by 31.3% in the 2nd quarter. Assetmark Inc. now owns 1,071 shares of the company’s stock worth $59,000 after buying an additional 255 shares during the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HRB shares. The Goldman Sachs Group decreased their target price on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating for the company in a research report on Friday, February 6th. Weiss Ratings raised H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday. Finally, Barrington Research decreased their price target on H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, H&R Block currently has a consensus rating of “Hold” and an average target price of $41.00.

H&R Block Stock Down 2.7%

Shares of HRB stock opened at $30.84 on Friday. H&R Block, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $64.62. The firm has a market capitalization of $3.91 billion, a PE ratio of 7.12, a P/E/G ratio of 0.51 and a beta of 0.36. The company has a debt-to-equity ratio of 12.86, a quick ratio of 1.29 and a current ratio of 1.29. The stock’s 50-day simple moving average is $39.71 and its 200-day simple moving average is $45.89.

H&R Block (NYSE:HRB) last issued its earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, beating analysts’ consensus estimates of ($1.96) by $0.12. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The firm had revenue of $198.87 million for the quarter, compared to analyst estimates of $187.36 million. During the same quarter in the prior year, the firm earned ($1.73) earnings per share. H&R Block’s revenue for the quarter was up 11.1% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities analysts expect that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, March 4th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.4%. H&R Block’s payout ratio is currently 38.80%.

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.