H&R Block, Inc. $HRB Position Boosted by Ceera Investments LLC

Ceera Investments LLC grew its holdings in H&R Block, Inc. (NYSE:HRB) by 299.1% during the first quarter, Holdings Channel.com reports. The firm owned 42,228 shares of the company’s stock after buying an additional 31,648 shares during the period. Ceera Investments LLC’s holdings in H&R Block were worth $1,340,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Abound Wealth Management boosted its holdings in shares of H&R Block by 208.0% during the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after purchasing an additional 416 shares during the period. Los Angeles Capital Management LLC purchased a new position in H&R Block during the fourth quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. increased its stake in H&R Block by 100.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after buying an additional 357 shares during the period. Elevation Wealth Partners LLC acquired a new position in H&R Block in the 4th quarter valued at approximately $33,000. Finally, Valley National Advisers Inc. purchased a new stake in H&R Block in the 4th quarter worth approximately $34,000. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Trading Up 0.6%

H&R Block stock opened at $42.09 on Friday. The company has a market capitalization of $5.34 billion, a P/E ratio of 7.49, a P/E/G ratio of 0.59 and a beta of 0.36. The firm’s fifty day simple moving average is $38.01 and its 200-day simple moving average is $35.66. H&R Block, Inc. has a 1-year low of $28.16 and a 1-year high of $56.76.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.77 by $0.25. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. H&R Block’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. On average, equities research analysts predict that H&R Block, Inc. will post 5.18 earnings per share for the current year.

H&R Block Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd were given a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.0%. H&R Block’s payout ratio is currently 29.89%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Barrington Research reissued an “outperform” rating and set a $50.00 target price on shares of H&R Block in a research note on Monday, April 27th. Weiss Ratings raised shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Finally, Zacks Research upgraded H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

H&R Block Company 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.