Jefferies Financial Group Inc. Boosts Holdings in H&R Block, Inc. $HRB

Jefferies Financial Group Inc. raised its position in shares of H&R Block, Inc. (NYSE:HRB) by 68.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,038 shares of the company’s stock after purchasing an additional 18,225 shares during the period. Jefferies Financial Group Inc.’s holdings in H&R Block were worth $1,963,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in HRB. Stratos Wealth Advisors LLC bought a new stake in H&R Block during the 3rd quarter valued at $2,244,000. Alps Advisors Inc. raised its holdings in H&R Block by 32.5% during the 3rd quarter. Alps Advisors Inc. now owns 411,450 shares of the company’s stock valued at $20,807,000 after acquiring an additional 101,025 shares during the period. Kingsview Wealth Management LLC grew its holdings in H&R Block by 3,375.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 193,262 shares of the company’s stock valued at $9,773,000 after buying an additional 187,702 shares in the last quarter. Royce & Associates LP grew its holdings in H&R Block by 170.0% during the 3rd quarter. Royce & Associates LP now owns 214,556 shares of the company’s stock valued at $10,850,000 after buying an additional 135,100 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in H&R Block by 1,999.7% during the 4th quarter. Sound Income Strategies LLC now owns 106,077 shares of the company’s stock valued at $4,461,000 after buying an additional 101,025 shares in the last quarter. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Trading Down 0.4%

HRB opened at $38.69 on Thursday. H&R Block, Inc. has a 12 month low of $28.16 and a 12 month high of $59.05. The business’s 50-day moving average price is $33.23 and its 200-day moving average price is $37.02. The company has a market cap of $4.90 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.60 and a beta of 0.29.

H&R Block (NYSE:HRB) last posted its quarterly earnings results 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 company had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the business posted $5.38 EPS. The firm’s revenue was up 5.3% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Equities research analysts forecast that H&R Block, Inc. will post 5.18 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be issued a $0.42 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 4.3%. H&R Block’s payout ratio is 29.89%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Zacks Research raised shares of H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group lowered their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. Weiss Ratings raised H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Finally, Barrington Research reissued an “outperform” rating and issued a $50.00 price target on shares of H&R Block in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, H&R Block presently has an average rating of “Moderate Buy” and an average target price of $41.00.

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.