H&R Block, Inc. $HRB Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its position in H&R Block, Inc. (NYSE:HRB) by 29.9% in the 1st quarter, HoldingsChannel reports. The firm owned 692,760 shares of the company’s stock after purchasing an additional 159,369 shares during the quarter. Pacer Advisors Inc.’s holdings in H&R Block were worth $21,988,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kentucky Retirement Systems purchased a new stake in H&R Block in the first quarter valued at approximately $655,000. Lodge Hill Capital LLC raised its position in H&R Block by 31.2% during the 1st quarter. Lodge Hill Capital LLC now owns 1,050,000 shares of the company’s stock worth $33,327,000 after buying an additional 250,000 shares during the last quarter. South Dakota Investment Council lifted its stake in H&R Block by 679.7% during the 1st quarter. South Dakota Investment Council now owns 97,465 shares of the company’s stock valued at $3,094,000 after acquiring an additional 84,964 shares during the period. Amundi lifted its stake in H&R Block by 2,344.4% during the 1st quarter. Amundi now owns 229,207 shares of the company’s stock valued at $7,275,000 after acquiring an additional 219,830 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of H&R Block by 42.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,362 shares of the company’s stock valued at $107,000 after acquiring an additional 1,001 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Price Performance

NYSE:HRB opened at $45.20 on Tuesday. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 0.62 and a beta of 0.36. The company has a 50 day moving average price of $39.12 and a 200-day moving average price of $35.53. H&R Block, Inc. has a 1-year low of $28.16 and a 1-year high of $55.95.

H&R Block (NYSE:HRB) last posted its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the business posted $5.38 EPS. The business’s 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, sell-side analysts anticipate that H&R Block, Inc. will post 5.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on HRB shares. Stephens began coverage on shares of H&R Block in a report on Tuesday, July 28th. They set an “equal weight” rating and a $47.00 target price for the company. Barrington Research reaffirmed an “outperform” rating and issued a $50.00 price target on shares of H&R Block in a report on Monday, April 27th. Weiss Ratings raised H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Finally, Zacks Research lowered H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $43.00.

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.