Sound Income Strategies LLC Grows Position in H&R Block, Inc. $HRB

Key Points

• Sound Income Strategies boosted its stake in H&R Block by 1,999.7% in Q4, buying 101,025 shares to hold 106,077 shares worth about $4.46 million (approximately 0.08% of the company).
• Several large institutions also raised positions (e.g., AQR +60.4%, Boston Partners +20.2%, UBS AM +335.4%), leaving roughly 90.14% of HRB stock held by hedge funds and other institutional investors.
• Analysts have an average rating of Hold with a consensus price target of $41; HRB trades near $32.45, pays a 5.2% dividend yield ($1.68 annualized), and issued FY2026 EPS guidance of 4.85–5.00 (street estimate ~5.25).

Sound Income Strategies LLC lifted its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 1,999.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,077 shares of the company's stock after buying an additional 101,025 shares during the period. Sound Income Strategies LLC owned approximately 0.08% of H&R Block worth $4,461,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings in H&R Block by 60.4% in the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company's stock valued at $130,961,000 after acquiring an additional 976,069 shares during the period. Boston Partners lifted its holdings in H&R Block by 20.2% in the third quarter. Boston Partners now owns 3,886,544 shares of the company's stock valued at $196,542,000 after acquiring an additional 652,690 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in H&R Block by 335.4% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 749,298 shares of the company's stock valued at $37,892,000 after acquiring an additional 577,200 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in H&R Block by 24.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,990,367 shares of the company's stock valued at $100,653,000 after acquiring an additional 391,711 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in H&R Block by 21.8% in the second quarter. Qube Research & Technologies Ltd now owns 1,750,760 shares of the company's stock valued at $96,099,000 after acquiring an additional 312,776 shares during the period. 90.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group lowered their price objective on 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. Weiss Ratings raised H&R Block from a "sell (d+)" rating to a "hold (c)" rating in a research report on Tuesday, February 17th. Finally, Barrington Research lowered their price objective on 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. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $41.00.

H&R Block Stock Down 0.7%

HRB stock opened at $32.45 on Wednesday. H&R Block, Inc. has a twelve month low of $28.16 and a twelve month high of $64.62. The stock has a market cap of $4.11 billion, a P/E ratio of 7.49, a PEG ratio of 0.52 and a beta of 0.32. The business's 50-day moving average price is $32.00 and its 200-day moving average price is $41.06.

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

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, March 4th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Wednesday, March 4th. H&R Block's dividend payout ratio (DPR) 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.

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