Aurora Investment Counsel Purchases 630 Shares of H&R Block, Inc. $HRB

Aurora Investment Counsel boosted its position in H&R Block, Inc. (NYSE:HRB) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,026 shares of the company’s stock after buying an additional 630 shares during the period. H&R Block makes up 1.6% of Aurora Investment Counsel’s holdings, making the stock its 5th biggest holding. Aurora Investment Counsel’s holdings in H&R Block were worth $3,075,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. New Vernon Capital Holdings II LLC raised its holdings in shares of H&R Block by 5,391.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 621,252 shares of the company’s stock valued at $34,113,000 after purchasing an additional 609,938 shares during the period. Miller Howard Investments Inc. NY bought a new stake in H&R Block in the 1st quarter valued at about $30,429,000. Northern Trust Corp raised its stake in H&R Block by 11.2% during the 1st quarter. Northern Trust Corp now owns 2,608,496 shares of the company’s stock worth $143,233,000 after buying an additional 263,274 shares during the period. LSV Asset Management raised its stake in H&R Block by 14.3% during the 1st quarter. LSV Asset Management now owns 1,667,652 shares of the company’s stock worth $91,571,000 after buying an additional 209,019 shares during the period. Finally, Edgestream Partners L.P. bought a new position in H&R Block in the first quarter worth approximately $10,629,000. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analysts Set New Price Targets

HRB has been the subject of a number of research reports. The Goldman Sachs Group reduced their price objective on H&R Block from $54.00 to $48.00 and set a “sell” rating for the company in a research note on Wednesday, August 13th. Zacks Research cut H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of H&R Block in a research note on Wednesday, October 8th. Finally, Barrington Research reissued an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a research note on Tuesday, September 23rd. Two equities 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 MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.00.

H&R Block Stock Down 2.3%

Shares of NYSE:HRB opened at $51.37 on Tuesday. The stock has a market cap of $6.57 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 0.85 and a beta of 0.31. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a 12-month low of $47.00 and a 12-month high of $64.62. The business’s 50 day moving average is $50.80 and its 200 day moving average is $54.87.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, August 12th. The company reported $2.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($0.54). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.07 billion. H&R Block had a net margin of 16.11% and a negative return on equity of 191.38%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.89 EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, sell-side analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors 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 annualized dividend and a dividend yield of 3.3%. H&R Block’s payout ratio is presently 37.58%.

H&R Block 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.