Pacer Advisors Inc. Trims Stock Position in H&R Block, Inc. $HRB

Pacer Advisors Inc. cut its holdings in H&R Block, Inc. (NYSE:HRB) by 4.6% during the fourth quarter, HoldingsChannel reports. The fund owned 533,391 shares of the company’s stock after selling 25,996 shares during the period. Pacer Advisors Inc.’s holdings in H&R Block were worth $23,245,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HRB. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of 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 worth $186,763,000 after acquiring an additional 191,608 shares during the last quarter. Boston Partners grew its stake 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. AQR Capital Management LLC increased its position in shares of H&R Block by 31.2% during the fourth quarter. AQR Capital Management LLC now owns 3,402,728 shares of the company’s stock worth $146,998,000 after acquiring an additional 809,438 shares during the period. Lazard Asset Management LLC increased its position in shares of H&R Block by 0.8% during 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 during the period. Finally, Northern Trust Corp raised its stake 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 valued at $139,088,000 after acquiring an additional 269,581 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Stock Up 0.1%

Shares of H&R Block stock opened at $34.41 on Friday. The company’s 50-day simple moving average is $35.10 and its 200-day simple moving average is $36.21. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $57.55. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 6.12, a price-to-earnings-growth ratio of 0.53 and a beta of 0.35.

H&R Block (NYSE:HRB) last issued its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the prior year, the business posted $5.38 EPS. The company’s revenue for the quarter 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. Equities research analysts anticipate that H&R Block, Inc. will post 5.18 EPS for the current year.

H&R Block Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 4.9%. The ex-dividend date is Wednesday, June 3rd. H&R Block’s dividend payout ratio is presently 29.89%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HRB. Barrington Research reaffirmed an “outperform” rating and issued a $50.00 target price on shares of H&R Block in a report on Monday, April 27th. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, H&R Block currently has a consensus rating of “Moderate Buy” and a consensus price target 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.