H&R Block, Inc. $HRB Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in H&R Block, Inc. (NYSE:HRB) by 32.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 873,613 shares of the company’s stock after acquiring an additional 216,190 shares during the quarter. BNP Paribas Financial Markets’ holdings in H&R Block were worth $38,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Clearstead Advisors LLC increased its stake in shares of H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 293 shares during the period. Abound Wealth Management increased its stake in shares of H&R Block by 208.0% in the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock valued at $27,000 after purchasing an additional 416 shares during the period. Elevation Wealth Partners LLC acquired a new stake in shares of H&R Block in the fourth quarter valued at approximately $33,000. Valley National Advisers Inc. acquired a new stake in shares of H&R Block in the fourth quarter valued at approximately $34,000. Finally, Spire Wealth Management increased its stake in shares of H&R Block by 61.1% in the fourth quarter. Spire Wealth Management now owns 836 shares of the company’s stock valued at $36,000 after purchasing an additional 317 shares during the period. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Price Performance

NYSE HRB opened at $37.85 on Thursday. H&R Block, Inc. has a 12 month low of $28.16 and a 12 month high of $58.81. The firm has a market capitalization of $4.80 billion, a PE ratio of 6.74, a P/E/G ratio of 0.60 and a beta of 0.35. The company’s 50 day simple moving average is $33.97 and its 200 day simple moving average is $36.72.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the business earned $5.38 earnings per share. The business’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. Sell-side analysts anticipate that H&R Block, Inc. will post 5.18 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, June 3rd. H&R Block’s dividend payout ratio (DPR) is currently 29.89%.

Analysts Set New Price Targets

HRB has been the topic of several analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a research note on Friday, May 29th. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. The Goldman Sachs Group lowered their price objective on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th. Finally, Barrington Research reiterated an “outperform” rating and set a $50.00 price objective on shares of H&R Block in a research note on Monday, April 27th. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, H&R Block has a consensus rating of “Moderate Buy” and a consensus 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.