Framtiden Holdings Management Co LLC Purchases Shares of 275,000 H&R Block, Inc. $HRB

Framtiden Holdings Management Co LLC acquired a new stake in shares of H&R Block, Inc. (NYSE:HRB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 275,000 shares of the company’s stock, valued at approximately $11,984,000. H&R Block comprises approximately 13.0% of Framtiden Holdings Management Co LLC’s portfolio, making the stock its 6th biggest holding. Framtiden Holdings Management Co LLC owned about 0.22% of H&R Block at the end of the most recent quarter.

Several other large investors have also modified their holdings of HRB. Clearstead Advisors LLC grew its holdings in H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 293 shares during the period. Abound Wealth Management raised its stake in H&R Block by 208.0% during the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after purchasing an additional 416 shares during the period. Los Angeles Capital Management LLC purchased a new position in H&R Block during the fourth quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. raised its stake in 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 period. Finally, Elevation Wealth Partners LLC acquired a new position in shares of H&R Block in the 4th quarter valued at $33,000. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Stock Down 2.6%

HRB opened at $34.41 on Friday. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $57.55. The company has a 50 day moving average of $35.05 and a two-hundred day moving average of $36.22. The company has a market cap of $4.36 billion, a P/E ratio of 6.12, a P/E/G ratio of 0.55 and a beta of 0.35.

H&R Block (NYSE:HRB) last released its quarterly earnings data 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. The company had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Research analysts anticipate that H&R Block, Inc. will post 5.18 earnings per share for the current year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be given a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 4.9%. H&R Block’s dividend payout ratio (DPR) is 29.89%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Barrington Research restated an “outperform” rating and set a $50.00 price objective on shares of H&R Block in a report on Monday, April 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. Finally, Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.00.

H&R Block 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.