Dimensional Fund Advisors LP Acquires 56,147 Shares of H&R Block, Inc. $HRB

Dimensional Fund Advisors LP increased its holdings in H&R Block, Inc. (NYSE:HRB) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,316,404 shares of the company’s stock after buying an additional 56,147 shares during the period. Dimensional Fund Advisors LP owned 1.83% of H&R Block worth $117,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in HRB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in H&R Block by 85.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock worth $119,000 after purchasing an additional 1,009 shares during the period. Jones Financial Companies Lllp increased its stake in shares of H&R Block by 3.6% in the 1st quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock worth $627,000 after purchasing an additional 400 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of H&R Block by 15.2% in the first quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock worth $46,593,000 after buying an additional 112,127 shares during the period. Aviva PLC purchased a new position in H&R Block during the second quarter valued at approximately $512,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of H&R Block during the 2nd quarter valued at $889,000. 90.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Weiss Ratings raised shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. The Goldman Sachs Group reduced their target price 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. Finally, Barrington Research dropped their target price 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 equities research 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’s stock. Based on data from MarketBeat, H&R Block has an average rating of “Hold” and a consensus price target of $41.00.

H&R Block Trading Up 1.3%

NYSE HRB opened at $30.46 on Thursday. The company has a debt-to-equity ratio of 12.86, a quick ratio of 1.29 and a current ratio of 1.29. H&R Block, Inc. has a one year low of $28.16 and a one year high of $64.62. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.48 and a beta of 0.38. The firm has a 50 day simple moving average of $36.15 and a 200-day simple moving average of $43.72.

H&R Block (NYSE:HRB) last posted its earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, beating the consensus estimate 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 analyst estimates of $187.36 million. During the same quarter in the prior year, the company posted ($1.73) earnings per share. H&R Block’s revenue for the quarter was up 11.1% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities research analysts anticipate that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, March 4th. H&R Block’s payout ratio is currently 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.