H&R Block, Inc. $HRB Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in H&R Block, Inc. (NYSE:HRB) by 38.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,460 shares of the company’s stock after purchasing an additional 25,717 shares during the period. Hsbc Holdings PLC’s holdings in H&R Block were worth $4,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Xponance Inc. boosted its position in H&R Block by 1.3% during the third quarter. Xponance Inc. now owns 17,403 shares of the company’s stock worth $880,000 after purchasing an additional 223 shares in the last quarter. US Bancorp DE increased its position in shares of H&R Block by 2.1% in the third quarter. US Bancorp DE now owns 12,601 shares of the company’s stock valued at $637,000 after buying an additional 261 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of H&R Block by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 46,171 shares of the company’s stock worth $2,335,000 after buying an additional 286 shares during the period. Clearstead Advisors LLC lifted its position in shares of H&R Block by 134.4% during the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 293 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of H&R Block by 1.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 22,496 shares of the company’s stock valued at $980,000 after buying an additional 309 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analyst Upgrades and Downgrades

HRB has been the subject of several recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. Barrington Research reaffirmed an “outperform” rating and set a $50.00 price objective on shares of H&R Block in a report on Monday, April 27th. Finally, Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, H&R Block currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

H&R Block Stock Performance

NYSE HRB opened at $37.14 on Friday. The business has a fifty day moving average price of $35.61 and a 200 day moving average price of $35.99. The company has a market cap of $4.71 billion, a P/E ratio of 6.61, a P/E/G ratio of 0.58 and a beta of 0.35. H&R Block, Inc. has a one year low of $28.16 and a one year high of $57.55.

H&R Block (NYSE:HRB) last announced its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the company posted $5.38 EPS. The firm’s quarterly 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. As a group, sell-side analysts predict that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 4.5%. H&R Block’s payout ratio is presently 29.89%.

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.