Ibex Wealth Advisors Has $5.24 Million Stock Position in H&R Block, Inc. $HRB

Ibex Wealth Advisors decreased its position in H&R Block, Inc. (NYSE:HRB) by 48.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,519 shares of the company’s stock after selling 97,806 shares during the quarter. Ibex Wealth Advisors owned about 0.08% of H&R Block worth $5,235,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HRB. Stratos Wealth Advisors LLC bought a new stake in shares of H&R Block during the 3rd quarter valued at approximately $2,244,000. Neo Ivy Capital Management bought a new position in shares of H&R Block during the second quarter valued at $1,004,000. Prudential Financial Inc. grew its stake in shares of H&R Block by 31.1% in the second quarter. Prudential Financial Inc. now owns 99,666 shares of the company’s stock worth $5,948,000 after purchasing an additional 23,624 shares during the last quarter. Allworth Financial LP increased its holdings in H&R Block by 64.8% in the second quarter. Allworth Financial LP now owns 4,979 shares of the company’s stock valued at $273,000 after purchasing an additional 1,957 shares during the period. Finally, Alps Advisors Inc. raised its position in H&R Block by 32.5% during the 3rd quarter. Alps Advisors Inc. now owns 411,450 shares of the company’s stock worth $20,807,000 after purchasing an additional 101,025 shares during the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HRB has been the subject of several recent research reports. Barrington Research decreased their price target on H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group decreased their target price on shares of 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 research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $41.00.

H&R Block Stock Down 2.8%

Shares of H&R Block stock opened at $30.62 on Friday. The stock’s 50-day moving average is $38.13 and its 200 day moving average is $44.86. 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 $3.88 billion, a price-to-earnings ratio of 7.07, a PEG ratio of 0.51 and a beta of 0.36. The company has a debt-to-equity ratio of 12.86, a current ratio of 1.29 and a quick ratio of 1.29.

H&R Block (NYSE:HRB) last issued 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 firm had revenue of $198.87 million for 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 company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.73) earnings per share. 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 year.

H&R Block Announces Dividend

The company 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. The ex-dividend date is Wednesday, March 4th. This represents a $1.68 annualized dividend and a yield of 5.5%. H&R Block’s payout ratio is 38.80%.

More H&R Block News

Here are the key news stories impacting H&R Block this week:

• Positive Sentiment: Zacks raised H&R Block’s FY2026 EPS outlook to $5.00 (from $4.95) and nudged FY2027 to $5.33 (from $5.31), signaling modestly better longer‑term profitability expectations. MarketBeat: Zacks estimate changes
• Positive Sentiment: Zacks increased Q3 2026 and Q3 2027 EPS forecasts (Q3 2026 to $5.64 from $5.58; Q3 2027 to $5.91 from $5.80), which supports better seasonal operating leverage during peak tax months. MarketBeat: Zacks estimate changes
• Positive Sentiment: Zacks reduced the magnitude of expected losses for early‑season quarters in its 2028 outlook (Q1 2028 now -$1.22 vs -$1.31; Q2 2028 now -$1.88 vs -$2.08), indicating analysts see less downside than before. MarketBeat: Zacks estimate changes
• Positive Sentiment: H&R Block Canada announced a partnership with Affirm to offer installment payments for tax services — a customer-financing play that can lift service uptake and average ticket in Canadian retail channels. H&R Block Canada taps Affirm to make tax season less taxing
• Neutral Sentiment: Consensus full‑year EPS remains around $5.25 — Zacks’ tweaks shift some quarterly timing but leave the broader consensus largely intact for now. MarketBeat: Consensus estimates
• Negative Sentiment: Zacks trimmed a couple of near‑term fourth‑quarter forecasts (Q4 2026 cut to $2.40 from $2.49; Q4 2027 to $2.65 from $2.74), which could pressure sentiment around near‑term earnings cadence and seasonality. MarketBeat: Zacks estimate cuts

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.