Fideuram Asset Management Ireland dac Takes Position in H&R Block, Inc. $HRB

Fideuram Asset Management Ireland dac bought a new stake in H&R Block, Inc. (NYSE:HRB) during the 4th quarter, Holdings Channel reports. The firm bought 14,062 shares of the company’s stock, valued at approximately $668,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HRB. Stratos Wealth Advisors LLC acquired a new stake in H&R Block during the third quarter worth approximately $2,244,000. Alps Advisors Inc. grew its position in H&R Block by 32.5% during the third quarter. Alps Advisors Inc. now owns 411,450 shares of the company’s stock worth $20,807,000 after buying an additional 101,025 shares in the last quarter. Kingsview Wealth Management LLC grew its position in H&R Block by 3,375.9% during the third quarter. Kingsview Wealth Management LLC now owns 193,262 shares of the company’s stock worth $9,773,000 after buying an additional 187,702 shares in the last quarter. Royce & Associates LP grew its position in H&R Block by 170.0% during the third quarter. Royce & Associates LP now owns 214,556 shares of the company’s stock worth $10,850,000 after buying an additional 135,100 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in H&R Block by 1,999.7% during the fourth quarter. Sound Income Strategies LLC now owns 106,077 shares of the company’s stock worth $4,461,000 after buying an additional 101,025 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Stock Performance

Shares of NYSE:HRB opened at $38.54 on Friday. The company has a fifty day moving average of $33.54 and a 200-day moving average of $36.95. The company has a market capitalization of $4.88 billion, a PE ratio of 6.86, a price-to-earnings-growth ratio of 0.59 and a beta of 0.29. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $59.05.

H&R Block (NYSE:HRB) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter last year, the business posted $5.38 EPS. H&R Block’s revenue for the quarter 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. On average, equities analysts forecast that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a dividend yield of 4.4%. H&R Block’s dividend payout ratio (DPR) is 29.89%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HRB. Barrington Research reissued an “outperform” rating and set a $50.00 price target on shares of H&R Block in a research report on Monday, April 27th. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group reduced their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, H&R Block currently has an average rating of “Moderate Buy” and an average target price of $41.00.

H&R Block Company 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.