LSV Asset Management Sells 130,730 Shares of H&R Block, Inc. $HRB

LSV Asset Management cut its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 8.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,478,551 shares of the company’s stock after selling 130,730 shares during the period. LSV Asset Management owned approximately 1.16% of H&R Block worth $74,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Operose Advisors LLC acquired a new stake in shares of H&R Block during the second quarter worth about $27,000. Alpine Bank Wealth Management bought a new stake in H&R Block during the 3rd quarter worth approximately $26,000. Quent Capital LLC acquired a new stake in H&R Block during the 3rd quarter worth approximately $27,000. Mather Group LLC. bought a new position in H&R Block in the third quarter valued at approximately $35,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of H&R Block by 100.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after buying an additional 357 shares during the period. 90.14% of the stock is currently owned by institutional investors.

Insider Activity

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

Analyst Upgrades and Downgrades

HRB has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of H&R Block from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 3rd. Barrington Research dropped their price target on H&R Block from $62.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group cut their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $41.00.

H&R Block Stock Down 5.0%

Shares of HRB stock opened at $28.35 on Friday. The firm’s fifty day moving average price is $40.80 and its two-hundred day moving average price is $46.71. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a 1 year low of $28.16 and a 1 year high of $64.62. The firm has a market capitalization of $3.59 billion, a P/E ratio of 6.55, a PEG ratio of 0.48 and a beta of 0.36.

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

H&R Block Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.68 annualized dividend and a dividend yield of 5.9%. H&R Block’s payout ratio is 38.80%.

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.