LSV Asset Management Sells 130,730 Shares of H&R Block, Inc. $HRB

LSV Asset Management reduced its position in H&R Block, Inc. (NYSE:HRB) by 8.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,478,551 shares of the company’s stock after selling 130,730 shares during the period. LSV Asset Management’s holdings in H&R Block were worth $74,770,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of HRB. Alpine Bank Wealth Management bought a new stake in H&R Block in the third quarter valued at approximately $26,000. Operose Advisors LLC acquired a new position in shares of H&R Block during the 2nd quarter worth approximately $27,000. Quent Capital LLC bought a new stake in H&R Block in the 3rd quarter valued at $27,000. Mather Group LLC. acquired a new stake in H&R Block during the 3rd quarter valued at $35,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in H&R Block by 100.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after purchasing an additional 357 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HRB shares. The Goldman Sachs Group dropped 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 report on Friday, February 6th. Weiss Ratings lowered shares of H&R Block from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 3rd. Finally, Barrington Research cut their price objective on shares of H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, H&R Block currently has an average rating of “Reduce” and an average target price of $41.00.

H&R Block Stock Down 5.0%

HRB opened at $28.35 on Friday. The stock has a fifty day moving average of $40.80 and a 200-day moving average of $46.71. The company has a market capitalization of $3.59 billion, a P/E ratio of 6.55, a P/E/G ratio of 0.48 and a beta of 0.36. H&R Block, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $64.62. The company has a debt-to-equity ratio of 12.86, a quick ratio of 1.29 and a current ratio of 1.29.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, topping analysts’ consensus estimates of ($1.96) by $0.12. H&R Block had a net margin of 16.19% and a negative return on equity of 176.02%. The business had revenue of $198.87 million for the quarter, compared to analyst estimates of $187.36 million. During the same period last year, the firm earned ($1.73) earnings per share. H&R Block’s revenue for the quarter was up 11.1% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, equities analysts expect that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Wednesday, March 4th. H&R Block’s payout ratio is presently 38.80%.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 128,818 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.40% of the company’s stock.

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.