SG Americas Securities LLC Has $5.21 Million Stake in H&R Block, Inc. $HRB

SG Americas Securities LLC boosted its holdings in H&R Block, Inc. (NYSE:HRB) by 72.4% in the first quarter, Holdings Channel reports. The firm owned 163,973 shares of the company’s stock after purchasing an additional 68,876 shares during the quarter. SG Americas Securities LLC’s holdings in H&R Block were worth $5,205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 valued at $119,000 after acquiring an additional 1,009 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in H&R Block by 3.6% during the first 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. raised its holdings in H&R Block by 15.2% during the first 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. boosted its position 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 valued at $39,000 after purchasing an additional 357 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in H&R Block by 119.2% during the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $50,000 after purchasing an additional 497 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

H&R Block Stock Performance

H&R Block stock opened at $37.14 on Monday. The stock has a 50-day simple moving average of $35.61 and a 200 day simple moving average of $35.95. The stock has a market capitalization of $4.71 billion, a P/E ratio of 6.61, a PEG ratio of 0.58 and a beta of 0.35. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $57.55.

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, beating the consensus estimate of $5.77 by $0.25. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the company earned $5.38 earnings per share. The business’s revenue for the quarter 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. Research analysts forecast that H&R Block, Inc. will post 5.18 earnings per share for the current year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, June 3rd. H&R Block’s dividend payout ratio is 29.89%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HRB shares. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Barrington Research reissued an “outperform” rating and issued a $50.00 price objective on shares of H&R Block in a report on Monday, April 27th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. One investment 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 issued a Sell rating to the stock. According to MarketBeat.com, H&R Block presently has an average rating of “Moderate Buy” and an average target price 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.