Crossmark Global Holdings Inc. Purchases 33,511 Shares of H&R Block, Inc. $HRB

Crossmark Global Holdings Inc. boosted its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 27.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,582 shares of the company’s stock after buying an additional 33,511 shares during the period. Crossmark Global Holdings Inc. owned about 0.12% of H&R Block worth $7,817,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Alpine Bank Wealth Management bought a new position in shares of H&R Block during the 3rd quarter worth about $26,000. Clearstead Advisors LLC increased its stake in H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after acquiring an additional 293 shares during the period. Operose Advisors LLC bought a new stake in H&R Block in the second quarter valued at about $27,000. Quent Capital LLC acquired a new position in H&R Block in the third quarter worth about $27,000. Finally, Mather Group LLC. acquired a new position in H&R Block in the third quarter worth about $35,000. Institutional investors own 90.14% of the company’s stock.

H&R Block Trading Up 2.0%

Shares of HRB stock opened at $32.31 on Friday. The company has a market capitalization of $4.10 billion, a P/E ratio of 7.46, a P/E/G ratio of 0.51 and a beta of 0.38. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $64.62. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 12.86. The firm has a 50-day moving average price of $36.94 and a 200 day moving average price of $44.21.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.84) earnings per share for the quarter, topping the consensus estimate of ($1.96) by $0.12. The firm had revenue of $198.87 million for the quarter, compared to analysts’ expectations of $187.36 million. H&R Block had a net margin of 16.19% and a negative return on equity of 176.02%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.73) earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Research analysts forecast 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 declared a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, March 4th. H&R Block’s dividend payout ratio (DPR) is currently 38.80%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HRB shares. Weiss Ratings raised H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Barrington Research dropped their target price on H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group cut their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating for the company in a research report on Friday, February 6th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, H&R Block currently has a consensus rating of “Hold” and a consensus 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.