H&R Block, Inc. $HRB Shares Sold by Lindenwold Advisors INC

Lindenwold Advisors INC decreased its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 4.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,367 shares of the company’s stock after selling 243 shares during the quarter. Lindenwold Advisors INC’s holdings in H&R Block were worth $295,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. SVB Wealth LLC acquired a new stake in shares of H&R Block during the first quarter worth $26,000. Brooklyn Investment Group boosted its holdings in shares of H&R Block by 72.1% during 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 last quarter. Signaturefd LLC boosted its holdings in shares of H&R Block by 40.0% during the second quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after purchasing an additional 186 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of H&R Block by 42.9% during the first quarter. Bogart Wealth LLC now owns 666 shares of the company’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in H&R Block by 21.8% in the first quarter. Covestor Ltd now owns 1,356 shares of the company’s stock valued at $75,000 after acquiring an additional 243 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analysts Set New Price Targets

HRB has been the topic of a number of research analyst reports. The Goldman Sachs Group reduced 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. Zacks Research cut H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of H&R Block in a report on Wednesday. Finally, Barrington Research reiterated an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a report on Tuesday, September 23rd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $55.00.

H&R Block Trading Up 2.4%

NYSE:HRB opened at $50.81 on Friday. The business’s 50-day moving average is $51.21 and its two-hundred day moving average is $55.04. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.90 and a quick ratio of 0.90. H&R Block, Inc. has a 12 month low of $47.00 and a 12 month high of $64.62. The firm has a market capitalization of $6.50 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 0.80 and a beta of 0.31.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Tuesday, August 12th. The company reported $2.27 EPS for the quarter, missing the consensus estimate of $2.81 by ($0.54). H&R Block had a net margin of 16.11% and a negative return on equity of 191.38%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the business earned $1.89 earnings per share. The company’s revenue for the quarter was up 4.6% 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 fiscal year.

H&R Block Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Thursday, September 4th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, September 4th. This is a positive change from H&R Block’s previous quarterly dividend of $0.38. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.3%. H&R Block’s dividend payout ratio is presently 37.58%.

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.