Corient Private Wealth LLC Has $6.70 Million Stake in H&R Block, Inc. $HRB

Corient Private Wealth LLC trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,862 shares of the company’s stock after selling 14,122 shares during the period. Corient Private Wealth LLC’s holdings in H&R Block were worth $6,703,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Kingsview Wealth Management LLC lifted its stake in shares of H&R Block by 3,375.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 193,262 shares of the company’s stock valued at $9,773,000 after purchasing an additional 187,702 shares during the period. Royce & Associates LP grew its stake in shares of 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 purchasing an additional 135,100 shares during the period. UBS Group AG grew its stake in shares of H&R Block by 19.2% during the fourth quarter. UBS Group AG now owns 934,917 shares of the company’s stock worth $40,744,000 after purchasing an additional 150,719 shares during the period. Sound Income Strategies LLC increased its holdings in H&R Block by 1,999.7% in the fourth quarter. Sound Income Strategies LLC now owns 106,077 shares of the company’s stock valued at $4,461,000 after purchasing an additional 101,025 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its holdings in H&R Block by 173.2% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 267,466 shares of the company’s stock valued at $13,526,000 after purchasing an additional 169,562 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

H&R Block Stock Down 1.5%

Shares of HRB stock opened at $35.78 on Friday. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $57.55. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 6.37, a price-to-earnings-growth ratio of 0.56 and a beta of 0.35. The firm has a fifty day moving average of $35.49 and a 200-day moving average of $35.98.

H&R Block (NYSE:HRB) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $2.34 billion. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the business posted $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Research analysts expect that H&R Block, Inc. will post 5.18 earnings per share for the current year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.7%. H&R Block’s dividend payout ratio (DPR) is currently 29.89%.

Analyst Upgrades and Downgrades

HRB has been the topic of several analyst reports. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Barrington Research restated an “outperform” rating and set a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus 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.