H&R Block, Inc. $HRB Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 98.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,242 shares of the company's stock after selling 289,052 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in H&R Block were worth $233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Signaturefd LLC increased its stake in H&R Block by 40.0% during the second quarter. Signaturefd LLC now owns 651 shares of the company's stock worth $36,000 after acquiring an additional 186 shares during the last quarter. Brown Advisory Inc. increased its stake in H&R Block by 1.6% during the first quarter. Brown Advisory Inc. now owns 11,942 shares of the company's stock worth $656,000 after acquiring an additional 191 shares during the last quarter. Bogart Wealth LLC increased its stake in H&R Block by 42.9% during the first quarter. Bogart Wealth LLC now owns 666 shares of the company's stock worth $37,000 after acquiring an additional 200 shares during the last quarter. Brooklyn Investment Group increased its stake in H&R Block by 72.1% during the first quarter. Brooklyn Investment Group now owns 513 shares of the company's stock worth $28,000 after acquiring an additional 215 shares during the last quarter. Finally, MSH Capital Advisors LLC boosted its position in shares of H&R Block by 1.3% during the first quarter. MSH Capital Advisors LLC now owns 17,767 shares of the company's stock worth $976,000 after buying an additional 230 shares during the period. Institutional investors and hedge funds own 90.14% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. The Goldman Sachs Group lowered their price target on H&R Block from $54.00 to $48.00 and set a "sell" rating for the company in a research report on Wednesday, August 13th. Weiss Ratings restated a "buy (b-)" rating on shares of H&R Block in a research report on Wednesday. Barrington Research restated an "outperform" rating and set a $62.00 price target on shares of H&R Block in a research report on Tuesday, September 23rd. Finally, Zacks Research lowered H&R Block from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $55.00.

H&R Block Trading Down 0.4%

NYSE:HRB opened at $50.46 on Thursday. The firm has a market cap of $6.45 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 0.82 and a beta of 0.31. The stock has a fifty day moving average price of $51.38 and a 200 day moving average price of $55.07. H&R Block, Inc. has a 12-month low of $47.00 and a 12-month high of $64.62. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported $2.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($0.54). The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.07 billion. H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The firm's quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm earned $1.89 earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Sell-side analysts anticipate that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Thursday, September 4th were issued a dividend of $0.42 per share. This is a positive change from H&R Block's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.3%. H&R Block's dividend payout ratio (DPR) is presently 37.58%.

H&R Block Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.

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