H&R Block, Inc. $HRB Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its holdings in H&R Block, Inc. (NYSE:HRB) by 2.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,890,440 shares of the company’s stock after selling 72,903 shares during the quarter. Geode Capital Management LLC’s holdings in H&R Block were worth $125,985,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Boston Partners increased 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 acquiring an additional 652,690 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of H&R Block by 0.8% in the third quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock worth $162,490,000 after acquiring an additional 26,708 shares in the last quarter. Northern Trust Corp increased its position in shares of H&R Block by 10.9% in the third quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock worth $139,088,000 after acquiring an additional 269,581 shares in the last quarter. AQR Capital Management LLC increased its position 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 worth $130,961,000 after acquiring an additional 976,069 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of H&R Block by 2.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,316,404 shares of the company’s stock worth $117,141,000 after acquiring an additional 56,147 shares in the last quarter. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Stock Performance

HRB stock opened at $37.51 on Friday. The stock has a market cap of $4.76 billion, a P/E ratio of 6.67, a P/E/G ratio of 0.59 and a beta of 0.35. The firm has a 50 day simple moving average of $34.10 and a 200 day simple moving average of $36.67. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $58.38.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, topping the consensus estimate of $5.77 by $0.25. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company posted $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Sell-side analysts predict that H&R Block, Inc. will post 5.18 EPS for the current year.

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be paid a $0.42 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 4.5%. H&R Block’s payout ratio is 29.89%.

Analyst Ratings Changes

Several research firms have recently weighed in on HRB. Barrington Research reissued an “outperform” rating and issued a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. The Goldman Sachs Group dropped their target price on shares of 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. Finally, 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. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock 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.