H&R Block, Inc. $HRB Shares Bought by Bogart Wealth LLC

Bogart Wealth LLC lifted its stake in shares of H&R Block, Inc. (NYSE:HRB) by 30.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 866 shares of the company’s stock after buying an additional 200 shares during the quarter. Bogart Wealth LLC’s holdings in H&R Block were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in HRB. Signaturefd LLC grew its holdings in H&R Block by 40.0% during the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after acquiring an additional 186 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of H&R Block by 1.6% during the first quarter. Brown Advisory Inc. now owns 11,942 shares of the company’s stock worth $656,000 after purchasing an additional 191 shares during the last quarter. CWM LLC boosted its holdings in shares of H&R Block by 1.3% during the second quarter. CWM LLC now owns 15,159 shares of the company’s stock valued at $832,000 after acquiring an additional 197 shares during the period. Louisiana State Employees Retirement System grew its position in shares of H&R Block by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 37,700 shares of the company’s stock worth $2,069,000 after acquiring an additional 200 shares during the last quarter. Finally, Brooklyn Investment Group increased its holdings in shares of H&R Block by 72.1% in the 1st quarter. Brooklyn Investment Group now owns 513 shares of the company’s stock worth $28,000 after acquiring an additional 215 shares during the period. 90.14% of the stock is owned by institutional investors and hedge funds.

H&R Block Stock Up 1.2%

HRB stock opened at $51.97 on Wednesday. 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 cap of $6.65 billion, a PE ratio of 11.63, a P/E/G ratio of 0.83 and a beta of 0.31. The firm has a 50 day simple moving average of $50.81 and a 200 day simple moving average of $54.85. 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 (NYSE:HRB) last posted its quarterly 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). H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $1.89 EPS. The company’s quarterly revenue 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. Equities research 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 disclosed 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 boost from H&R Block’s previous quarterly dividend of $0.38. This represents a $1.68 dividend on an annualized basis and a yield of 3.2%. H&R Block’s payout ratio is presently 37.58%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of H&R Block in a research note on Wednesday, October 8th. Zacks Research cut H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. 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 report on Wednesday, August 13th. Finally, Barrington Research restated an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a research report on Tuesday, September 23rd. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, H&R Block currently has a consensus rating of “Hold” and a consensus price target 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.