H&R Block, Inc. $HRB Shares Sold by EMC Capital Management

EMC Capital Management lowered its holdings in H&R Block, Inc. (NYSE:HRB) by 47.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,917 shares of the company’s stock after selling 2,595 shares during the quarter. EMC Capital Management’s holdings in H&R Block were worth $160,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HRB. New Vernon Capital Holdings II LLC raised its holdings in H&R Block by 5,391.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 621,252 shares of the company’s stock valued at $34,113,000 after buying an additional 609,938 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of H&R Block in the 2nd quarter valued at approximately $20,723,000. Northern Trust Corp lifted its holdings in shares of H&R Block by 11.2% in the 1st quarter. Northern Trust Corp now owns 2,608,496 shares of the company’s stock worth $143,233,000 after acquiring an additional 263,274 shares during the last quarter. LSV Asset Management lifted its holdings in shares of H&R Block by 14.3% in the 1st quarter. LSV Asset Management now owns 1,667,652 shares of the company’s stock worth $91,571,000 after acquiring an additional 209,019 shares during the last quarter. Finally, Midwest Trust Co purchased a new position in shares of H&R Block during the 2nd quarter worth approximately $9,678,000. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Stock Performance

NYSE:HRB opened at $44.48 on Wednesday. H&R Block, Inc. has a 52 week low of $43.11 and a 52 week high of $64.62. The company has a fifty day simple moving average of $50.09 and a two-hundred day simple moving average of $53.31. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 12.86. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 0.82 and a beta of 0.32.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) earnings per share (EPS) 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 business had revenue of $203.55 million for the quarter, compared to analysts’ expectations of $200.13 million. During the same period last year, the firm earned ($1.17) earnings per share. The company’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. As a group, equities analysts anticipate that H&R Block, Inc. will post 5.25 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, January 6th. Stockholders of record on Thursday, December 4th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. H&R Block’s payout ratio is currently 37.75%.

Insider Buying and Selling at H&R Block

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the sale, the chief executive officer directly owned 906,313 shares in the company, valued at approximately $42,107,301.98. This represents a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. 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 research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H&R Block in a research note on Thursday, November 13th. Barrington Research reiterated an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a report on Monday, October 27th. Finally, Zacks Research lowered H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, H&R Block presently has an average rating of “Hold” and a consensus target price of $55.00.

About H&R Block

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.