Sei Investments Co. Buys 107,143 Shares of H&R Block, Inc. $HRB

Sei Investments Co. grew its stake in shares of H&R Block, Inc. (NYSE:HRB) by 25.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 532,705 shares of the company’s stock after purchasing an additional 107,143 shares during the quarter. Sei Investments Co.’s holdings in H&R Block were worth $16,908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Los Angeles Capital Management LLC bought a new position in shares of H&R Block in the fourth quarter valued at $28,000. Valley National Advisers Inc. acquired a new position in H&R Block during the fourth quarter worth $34,000. Spire Wealth Management raised its position in H&R Block by 61.1% during the fourth quarter. Spire Wealth Management now owns 836 shares of the company’s stock worth $36,000 after acquiring an additional 317 shares in the last quarter. Signaturefd LLC raised its position in H&R Block by 82.1% during the fourth quarter. Signaturefd LLC now owns 843 shares of the company’s stock worth $37,000 after acquiring an additional 380 shares in the last quarter. Finally, 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. Institutional investors own 90.14% of the company’s stock.

Key Stories Impacting H&R Block

Here are the key news stories impacting H&R Block this week:

• Positive Sentiment: HRB was highlighted among stocks making significant moves, reflecting continued market interest in the tax-preparation provider. Stocks making big moves yesterday
• Positive Sentiment: Coverage has emphasized HRB’s strong performance, including a roughly 115% five-year gain, while some valuation analysis still views the shares as potentially below fair value. H&R Block stock looks below fair value H&R Block shares skyrocket

H&R Block Price Performance

NYSE:HRB opened at $47.13 on Thursday. H&R Block, Inc. has a one year low of $28.16 and a one year high of $55.95. The company has a market cap of $5.97 billion, a P/E ratio of 8.39, a P/E/G ratio of 0.64 and a beta of 0.36. The firm’s fifty day moving average price is $38.76 and its two-hundred day moving average price is $35.52.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 earnings per share for the quarter, beating the consensus estimate of $5.77 by $0.25. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. The company’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. As a group, equities research analysts expect 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. Shareholders of record on Wednesday, June 3rd were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, June 3rd. H&R Block’s dividend payout ratio is currently 29.89%.

Analyst Ratings Changes

HRB has been the subject of a number of analyst reports. Barrington Research reissued an “outperform” rating and issued a $50.00 price objective on shares of H&R Block in a research report on Monday, April 27th. 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. Stephens assumed coverage on H&R Block in a report on Tuesday. They set an “equal weight” rating and a $47.00 price target for the company. Finally, Zacks Research downgraded H&R Block from a “strong-buy” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $43.00.

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.