13,200 Shares in H&R Block, Inc. $HRB Acquired by Triad Investment Management

Triad Investment Management purchased a new stake in H&R Block, Inc. (NYSE:HRB) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,200 shares of the company’s stock, valued at approximately $448,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in H&R Block by 6.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 19,197 shares of the company’s stock worth $609,000 after buying an additional 1,120 shares during the period. Parallel Advisors LLC lifted its holdings in shares of H&R Block by 76.9% during the first quarter. Parallel Advisors LLC now owns 3,187 shares of the company’s stock worth $101,000 after buying an additional 1,385 shares in the last quarter. Ceera Investments LLC lifted its holdings in shares of H&R Block by 299.1% during the first quarter. Ceera Investments LLC now owns 42,228 shares of the company’s stock worth $1,340,000 after buying an additional 31,648 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of H&R Block by 6.8% in the first quarter. Bank of New York Mellon Corp now owns 1,516,885 shares of the company’s stock valued at $48,146,000 after acquiring an additional 96,928 shares during the period. Finally, Illinois Municipal Retirement Fund boosted its position in shares of H&R Block by 30.5% in the first quarter. Illinois Municipal Retirement Fund now owns 137,280 shares of the company’s stock valued at $4,357,000 after acquiring an additional 32,116 shares during the period. 90.14% of the stock is owned by institutional investors and hedge funds.

H&R Block Stock Performance

Shares of NYSE HRB opened at $40.38 on Wednesday. The stock has a market capitalization of $5.12 billion, a P/E ratio of 7.19, a PEG ratio of 0.59 and a beta of 0.36. The stock’s fifty day moving average is $38.20 and its 200 day moving average is $35.57. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $56.76.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 earnings per share for the quarter, topping the consensus estimate of $5.77 by $0.25. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. H&R Block’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Equities 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 company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd were given a $0.42 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.68 annualized dividend and a dividend yield of 4.2%. H&R Block’s payout ratio is presently 29.89%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Barrington Research reaffirmed an “outperform” rating and set a $50.00 price target on shares of H&R Block in a research report on Monday, April 27th. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings raised shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, H&R Block currently 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.