M&T Bank Corp Has $11.07 Million Stock Position in H&R Block, Inc. $HRB

Key Points

• M&T Bank Corp boosted its stake in H&R Block by 634.2% in Q4 to 254,055 shares, a holding worth about $11.07 million (≈0.20% of the company).
• H&R Block has a market cap of $3.84 billion and a P/E of 6.99, reported an EPS beat for the quarter and set FY2026 guidance of 4.85–5.00 EPS; it pays a $0.42 quarterly dividend (≈5.6% yield) and carries an average analyst rating of Hold with a $41 consensus target amid mixed revisions.

M&T Bank Corp lifted its stake in H&R Block, Inc. (NYSE:HRB - Free Report) by 634.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 254,055 shares of the company's stock after purchasing an additional 219,450 shares during the quarter. M&T Bank Corp owned 0.20% of H&R Block worth $11,072,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of HRB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in H&R Block by 85.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company's stock valued at $119,000 after acquiring an additional 1,009 shares in the last quarter. Jones Financial Companies Lllp grew its position in H&R Block by 3.6% during the first quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company's stock valued at $627,000 after purchasing an additional 400 shares in the last quarter. Goldman Sachs Group Inc. grew its position in H&R Block by 15.2% during the first quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company's stock valued at $46,593,000 after purchasing an additional 112,127 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in H&R Block by 100.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company's stock valued at $39,000 after purchasing an additional 357 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in H&R Block by 119.2% during the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company's stock valued at $50,000 after purchasing an additional 497 shares in the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

H&R Block Price Performance

Shares of H&R Block stock opened at $30.27 on Friday. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 6.99, a P/E/G ratio of 0.50 and a beta of 0.32. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $64.62. The stock has a 50-day simple moving average of $31.15 and a 200-day simple moving average of $39.46.

H&R Block (NYSE:HRB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.96) by $0.12. The business had revenue of $198.87 million during the quarter, compared to analyst estimates of $187.36 million. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The firm's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the company earned ($1.73) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, equities research analysts predict that H&R Block, Inc. will post 4.98 earnings per share for the current year.

H&R Block Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Wednesday, March 4th. H&R Block's payout ratio is currently 38.80%.

Analyst Ratings Changes

A number of research analysts recently commented on HRB shares. The Goldman Sachs Group lowered their price objective 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 lowered their price objective on shares of H&R Block from $62.00 to $50.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 4th. Finally, Weiss Ratings upgraded H&R Block from a "sell (d+)" rating to a "hold (c)" rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price 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.

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