H&R Block, Inc. $HRB Holdings Raised by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its stake in H&R Block, Inc. (NYSE:HRB) by 57.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,742 shares of the company’s stock after acquiring an additional 31,494 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.06% of H&R Block worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of H&R Block by 40.0% during the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock valued at $36,000 after buying an additional 186 shares during the last quarter. CWM LLC raised its position in H&R Block by 1.3% during the second quarter. CWM LLC now owns 15,159 shares of the company’s stock valued at $832,000 after acquiring an additional 197 shares in the last quarter. Bogart Wealth LLC lifted its stake in H&R Block by 42.9% in the first quarter. Bogart Wealth LLC now owns 666 shares of the company’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in H&R Block by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 37,700 shares of the company’s stock valued at $2,069,000 after acquiring an additional 200 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in H&R Block by 72.1% in the first quarter. Brooklyn Investment Group now owns 513 shares of the company’s stock worth $28,000 after acquiring an additional 215 shares in the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HRB. Weiss Ratings downgraded shares of H&R Block from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. The Goldman Sachs Group cut their target price on H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a report on Wednesday, August 13th. Barrington Research reaffirmed an “outperform” rating and issued a $62.00 price target on shares of H&R Block in a research report on Monday, October 27th. Finally, Zacks Research lowered H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, H&R Block currently has an average rating of “Hold” and a consensus price target of $55.00.

H&R Block Price Performance

Shares of NYSE:HRB opened at $45.94 on Thursday. The company has a market cap of $5.81 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 0.82 and a beta of 0.32. The business has a 50 day moving average price of $50.66 and a 200 day moving average price of $53.85. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a twelve month low of $45.87 and a twelve month high of $64.62.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, beating the consensus estimate of ($1.40) by $0.20. H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The company had revenue of $203.55 million during the quarter, compared to analysts’ expectations of $200.13 million. During the same period in the prior year, the business earned ($1.17) earnings per share. H&R Block’s revenue for the quarter was up 5.0% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Research analysts predict that H&R Block, Inc. will post 5.25 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, January 6th. Shareholders of record on Thursday, December 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio (DPR) is currently 37.75%.

H&R Block Company Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.