36,800 Shares in H&R Block, Inc. $HRB Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in H&R Block, Inc. (NYSE:HRB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 36,800 shares of the company’s stock, valued at approximately $1,168,000.

Other institutional investors also recently modified their holdings of the company. Abound Wealth Management boosted its stake in shares of H&R Block by 208.0% during the 4th quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after acquiring an additional 416 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of H&R Block in the 4th quarter worth $28,000. Northwestern Mutual Wealth Management Co. raised its position in shares of 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. Elevation Wealth Partners LLC acquired a new stake in shares of H&R Block during the fourth quarter worth $33,000. Finally, Valley National Advisers Inc. purchased a new stake in shares of H&R Block during the fourth quarter valued at $34,000. Institutional investors own 90.14% of the company’s stock.

H&R Block Stock Down 0.1%

Shares of NYSE:HRB opened at $40.01 on Friday. The company’s fifty day moving average is $36.33 and its two-hundred day moving average is $35.88. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $57.55. The company has a market cap of $5.07 billion, a P/E ratio of 7.12, a price-to-earnings-growth ratio of 0.57 and a beta of 0.36.

H&R Block (NYSE:HRB) last released its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.40 billion during 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 company’s revenue for the quarter 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. Equities 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 firm also recently disclosed 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 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, June 3rd. H&R Block’s dividend payout ratio is currently 29.89%.

Analysts Set New Price Targets

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

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.