Triad Investment Management Purchases New Holdings in H&R Block, Inc. $HRB

Triad Investment Management purchased a new stake in H&R Block, Inc. (NYSE:HRB) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,200 shares of the company’s stock, valued at approximately $448,000.

Several other institutional investors have also recently made changes to their positions in the stock. Abound Wealth Management grew its stake in shares of H&R Block by 208.0% in the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock valued at $27,000 after buying an additional 416 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in H&R Block during the fourth quarter worth $28,000. Northwestern Mutual Wealth Management Co. lifted its stake in H&R Block by 100.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after acquiring an additional 357 shares during the last quarter. Elevation Wealth Partners LLC acquired a new stake in H&R Block in the fourth quarter valued at $33,000. Finally, Valley National Advisers Inc. bought a new position in shares of H&R Block in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Trading Down 3.2%

HRB opened at $40.38 on Wednesday. The stock’s fifty day simple moving average is $38.20 and its 200 day simple moving average is $35.57. H&R Block, Inc. has a 1-year low of $28.16 and a 1-year high of $56.76. The stock has a market cap of $5.12 billion, a PE ratio of 7.19, a price-to-earnings-growth ratio of 0.59 and a beta of 0.36.

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

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd were paid a $0.42 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 4.2%. H&R Block’s dividend payout ratio is 29.89%.

Wall Street Analysts Forecast Growth

HRB has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Barrington Research reiterated an “outperform” rating and set a $50.00 price target on shares of H&R Block in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

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.