22,561 Shares in H&R Block, Inc. $HRB Acquired by Kentucky Retirement Systems

Kentucky Retirement Systems purchased a new position in shares of H&R Block, Inc. (NYSE:HRB – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,561 shares of the company’s stock, valued at approximately $655,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Los Angeles Capital Management LLC acquired a new stake in shares of H&R Block in the fourth quarter worth $28,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of H&R Block by 100.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 357 shares during the last quarter. Valley National Advisers Inc. acquired a new position in H&R Block during the fourth quarter valued at $34,000. Spire Wealth Management lifted its position in H&R Block by 61.1% during the fourth quarter. Spire Wealth Management now owns 836 shares of the company’s stock valued at $36,000 after purchasing an additional 317 shares during the period. Finally, Signaturefd LLC boosted its holdings in H&R Block by 82.1% in the fourth quarter. Signaturefd LLC now owns 843 shares of the company’s stock valued at $37,000 after purchasing an additional 380 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

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H&R Block Stock Down 0.5%

HRB stock opened at $44.05 on Friday. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $55.95. The firm has a 50-day simple moving average of $38.99 and a 200-day simple moving average of $35.57. The stock has a market capitalization of $5.58 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.63 and a beta of 0.36.

H&R Block (NYSE:HRB – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share 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 firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the company posted $5.38 EPS. H&R Block’s quarterly 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. On average, analysts expect that H&R Block, Inc. will post 5.18 earnings per share for the current year.

H&R Block Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. H&R Block’s dividend payout ratio is presently 29.89%.

Wall Street Analyst Weigh In

HRB has been the topic of several analyst reports. Barrington Research reaffirmed an “outperform” rating and set a $50.00 price target on shares of H&R Block in a research report on Monday, April 27th. Weiss Ratings raised H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Zacks Research downgraded H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Stephens initiated coverage on H&R Block in a report on Tuesday. They set an “equal weight” rating and a $47.00 target price on the stock. One 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 company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $43.00.

Read Our Latest Report on HRB

H&R Block Profile

(Free Report)

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.

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