LSV Asset Management Boosts Stock Holdings in H&R Block, Inc. $HRB

LSV Asset Management raised its holdings in H&R Block, Inc. (NYSE:HRB) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,534,451 shares of the company’s stock after acquiring an additional 55,900 shares during the period. LSV Asset Management’s holdings in H&R Block were worth $66,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Global Retirement Partners LLC increased its stake in shares of H&R Block by 113.9% in the fourth quarter. Global Retirement Partners LLC now owns 3,577 shares of the company’s stock worth $156,000 after purchasing an additional 1,905 shares in the last quarter. Covestor Ltd increased its stake in shares of H&R Block by 47.9% in the fourth quarter. Covestor Ltd now owns 2,069 shares of the company’s stock worth $91,000 after purchasing an additional 670 shares in the last quarter. Handelsbanken Fonder AB increased its stake in shares of H&R Block by 46.7% in the fourth quarter. Handelsbanken Fonder AB now owns 49,300 shares of the company’s stock worth $2,148,000 after purchasing an additional 15,700 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of H&R Block by 1.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 22,496 shares of the company’s stock worth $980,000 after purchasing an additional 309 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its stake in shares of H&R Block by 173.0% in the fourth quarter. TD Private Client Wealth LLC now owns 7,619 shares of the company’s stock worth $332,000 after purchasing an additional 4,828 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Stock Up 2.8%

H&R Block stock opened at $38.94 on Friday. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $59.05. The business has a 50-day simple moving average of $32.73 and a 200 day simple moving average of $37.36. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 6.93, a PEG ratio of 0.60 and a beta of 0.29.

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, beating 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 business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the business posted $5.38 earnings per share. H&R Block’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. On average, research analysts anticipate 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 will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, June 3rd. H&R Block’s payout ratio is currently 29.89%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HRB. Weiss Ratings upgraded shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. The Goldman Sachs Group cut their price objective on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating for the company in a research report on Friday, February 6th. Barrington Research restated an “outperform” rating and issued a $50.00 price objective on shares of H&R Block in a research 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 research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

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.