Voya Investment Management LLC Has $15.22 Million Holdings in H&R Block, Inc. $HRB

Voya Investment Management LLC lowered its stake in shares of H&R Block, Inc. (NYSE:HRB) by 13.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 300,957 shares of the company’s stock after selling 48,668 shares during the period. Voya Investment Management LLC owned approximately 0.24% of H&R Block worth $15,219,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in H&R Block by 89.6% during the 1st quarter. Russell Investments Group Ltd. now owns 25,922 shares of the company’s stock worth $1,423,000 after acquiring an additional 12,253 shares during the last quarter. Brooklyn Investment Group raised its holdings 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 purchasing an additional 215 shares during the period. Hsbc Holdings PLC boosted its position in shares of H&R Block by 184.8% during the first quarter. Hsbc Holdings PLC now owns 65,459 shares of the company’s stock worth $3,553,000 after purchasing an additional 42,478 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of H&R Block by 1.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 976,797 shares of the company’s stock valued at $53,637,000 after buying an additional 9,428 shares during the period. Finally, Compound Planning Inc. acquired a new stake in H&R Block during the 1st quarter worth $212,000. 90.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barrington Research reissued an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a research note on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of H&R Block in a research note on Monday, December 15th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, H&R Block presently has a consensus rating of “Hold” and an average target price of $55.00.

H&R Block Stock Down 1.8%

NYSE:HRB opened at $42.92 on Tuesday. The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $5.43 billion, a PE ratio of 9.64, a PEG ratio of 0.71 and a beta of 0.31. H&R Block, Inc. has a 52-week low of $41.17 and a 52-week high of $64.62. The stock has a 50-day simple moving average of $46.29 and a 200 day simple moving average of $50.71.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The firm had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. During the same quarter in the prior year, the firm posted ($1.17) EPS. The business’s revenue was up 5.0% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, sell-side analysts expect that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th 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 3.9%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 128,818 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the sale, the chief executive officer owned 861,313 shares in the company, valued at approximately $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

About H&R Block

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.