44,381 Shares in H&R Block, Inc. $HRB Acquired by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC bought a new stake in shares of H&R Block, Inc. (NYSE:HRB) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 44,381 shares of the company’s stock, valued at approximately $2,244,000.

Other hedge funds have also bought and sold shares of the company. Operose Advisors LLC bought a new stake in shares of H&R Block in the second quarter worth about $27,000. Alpine Bank Wealth Management purchased a new position in H&R Block during the 3rd quarter valued at approximately $26,000. Quent Capital LLC bought a new stake in H&R Block in the 3rd quarter worth approximately $27,000. Mather Group LLC. purchased a new stake in shares of H&R Block during the 3rd quarter worth approximately $35,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of H&R Block by 100.8% during 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. Hedge funds and other institutional investors own 90.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HRB shares. The Goldman Sachs Group reduced their price target on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research report on Friday, February 6th. Barrington Research dropped their price target on H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Finally, Weiss Ratings downgraded H&R Block from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $41.00.

Insiders Place Their Bets

In other H&R Block news, CEO Jeffrey J. Jones II sold 128,818 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the sale, the chief executive officer owned 861,313 shares of the company’s stock, valued at approximately $38,362,881.02. This trade represents a 13.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

H&R Block Price Performance

HRB opened at $29.80 on Thursday. The business has a fifty day moving average of $41.08 and a 200 day moving average of $46.84. The stock has a market cap of $3.78 billion, a P/E ratio of 6.88, a PEG ratio of 0.53 and a beta of 0.36. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a 52-week low of $29.76 and a 52-week high of $64.62.

H&R Block (NYSE:HRB) last released its earnings results on Tuesday, February 3rd. The company reported ($1.84) earnings per share for the quarter, topping the consensus estimate of ($1.96) by $0.12. The business had revenue of $198.87 million during the quarter, compared to the consensus estimate of $187.36 million. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the company earned ($1.73) earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, sell-side analysts anticipate that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, March 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.6%. H&R Block’s payout ratio is 38.80%.

About H&R Block

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.