Atom Investors LP Acquires New Position in H&R Block, Inc. $HRB

Atom Investors LP acquired a new stake in H&R Block, Inc. (NYSE:HRB) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 171,538 shares of the company’s stock, valued at approximately $7,476,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. raised its stake in H&R Block by 4.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,516 shares of the company’s stock valued at $186,763,000 after acquiring an additional 191,608 shares during the period. Boston Partners grew its holdings in H&R Block by 20.2% during the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after buying an additional 652,690 shares in the last quarter. Lazard Asset Management LLC grew its holdings in H&R Block by 0.8% during the 3rd quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock valued at $162,490,000 after buying an additional 26,708 shares in the last quarter. Northern Trust Corp grew its holdings in H&R Block by 10.9% during the 3rd quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock valued at $139,088,000 after buying an additional 269,581 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in H&R Block by 60.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after buying an additional 976,069 shares in the last quarter. 90.14% of the stock is currently owned by institutional investors.

H&R Block Trading Down 0.0%

Shares of NYSE HRB opened at $36.19 on Wednesday. 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 $4.59 billion, a price-to-earnings ratio of 6.44, a PEG ratio of 0.56 and a beta of 0.35. The business has a 50-day moving average of $34.96 and a 200-day moving average of $36.32.

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. 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 during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the firm earned $5.38 earnings per share. H&R Block’s revenue 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, analysts predict 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 disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders 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 4.6%. H&R Block’s payout ratio is presently 29.89%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on HRB shares. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $50.00 target price 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 given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.

About H&R Block

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.