Jefferies Financial Group Inc. Boosts Stake in H&R Block, Inc. $HRB

Jefferies Financial Group Inc. grew its position in shares of H&R Block, Inc. (NYSE:HRB) by 68.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 45,038 shares of the company’s stock after acquiring an additional 18,225 shares during the period. Jefferies Financial Group Inc.’s holdings in H&R Block were worth $1,963,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of H&R Block by 85.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock worth $119,000 after acquiring an additional 1,009 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of H&R Block by 3.6% in the 1st quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock worth $627,000 after acquiring an additional 400 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of H&R Block by 15.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock worth $46,593,000 after acquiring an additional 112,127 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of H&R Block by 100.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock worth $39,000 after acquiring an additional 357 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of H&R Block by 119.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $50,000 after acquiring an additional 497 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Stock Performance

NYSE HRB opened at $38.69 on Thursday. H&R Block, Inc. has a one year low of $28.16 and a one year high of $59.05. The stock has a 50-day moving average of $33.23 and a 200 day moving average of $37.02. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 0.60 and a beta of 0.29.

H&R Block (NYSE:HRB) last issued its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the company posted $5.38 earnings per share. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. On average, equities analysts predict that H&R Block, Inc. will post 5.18 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, June 3rd. H&R Block’s dividend payout ratio is currently 29.89%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Zacks Research upgraded H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. The Goldman Sachs Group cut their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th. Weiss Ratings upgraded shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. Finally, Barrington Research reiterated an “outperform” rating and issued a $50.00 price target on shares of H&R Block in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, H&R Block currently has an average rating of “Moderate Buy” and an average target price of $41.00.

H&R Block Company Profile

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.