Osborne Partners Capital Management LLC Boosts Stock Position in Block, Inc. $XYZ

Osborne Partners Capital Management LLC raised its holdings in Block, Inc. (NYSE:XYZ) by 4.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,829 shares of the technology company’s stock after buying an additional 9,683 shares during the period. Osborne Partners Capital Management LLC’s holdings in Block were worth $14,433,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC raised its position in shares of Block by 57.1% during the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after acquiring an additional 161 shares in the last quarter. Rachor Investment Advisory Services LLC acquired a new position in Block in the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC boosted its holdings in Block by 59.0% in the third quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock valued at $38,000 after purchasing an additional 196 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in Block by 57.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after purchasing an additional 223 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Block in the second quarter valued at approximately $43,000. 70.44% of the stock is owned by hedge funds and other institutional investors.

Block Stock Down 0.1%

XYZ stock opened at $78.71 on Friday. The company has a fifty day moving average price of $72.16 and a 200 day moving average price of $65.65. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50. The company has a market cap of $46.85 billion, a price-to-earnings ratio of 61.50, a price-to-earnings-growth ratio of 1.00 and a beta of 2.54. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99.

Block (NYSE:XYZ) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.55. Block had a net margin of 3.30% and a return on equity of 7.02%. The firm had revenue of $6.06 billion during the quarter. During the same quarter in the prior year, the company earned $0.56 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Sell-side analysts expect that Block, Inc. will post 2.48 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Anthony Mathew Eisen sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $79.83, for a total transaction of $2,873,880.00. Following the completion of the sale, the director owned 1,874,672 shares in the company, valued at $149,655,065.76. This represents a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amrita Ahuja sold 8,093 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $75.00, for a total value of $606,975.00. Following the sale, the chief financial officer directly owned 463,246 shares of the company’s stock, valued at approximately $34,743,450. This represents a 1.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 291,773 shares of company stock valued at $22,057,296 over the last ninety days. 11.37% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Oppenheimer downgraded shares of Block from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Jefferies Financial Group began coverage on shares of Block in a research report on Tuesday. They issued a “hold” rating on the stock. Royal Bank Of Canada lifted their price target on shares of Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Piper Sandler raised shares of Block from an “underweight” rating to an “overweight” rating and boosted their price target for the company from $58.00 to $100.00 in a research report on Monday. Finally, The Goldman Sachs Group upgraded shares of Block from a “buy” rating to a “buy” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.56.

Block Profile

Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.

The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.