Pacer Advisors Inc. Cuts Stock Holdings in H&R Block, Inc. $HRB

Pacer Advisors Inc. trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 533,391 shares of the company’s stock after selling 25,996 shares during the quarter. Pacer Advisors Inc. owned approximately 0.42% of H&R Block worth $23,245,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HRB. Clearstead Advisors LLC raised its stake in shares of H&R Block by 134.4% during the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after acquiring an additional 293 shares in the last quarter. Abound Wealth Management boosted its position in shares of H&R Block by 208.0% in the 4th quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after purchasing an additional 416 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in H&R Block in the fourth quarter worth about $28,000. Elevation Wealth Partners LLC purchased a new stake in H&R Block during the 4th quarter worth approximately $33,000. Finally, Valley National Advisers Inc. purchased a new stake in shares of H&R Block during the fourth quarter valued at $34,000. 90.14% of the stock is currently owned by institutional investors.

H&R Block Trading Up 0.1%

NYSE:HRB opened at $34.41 on Friday. The stock has a 50 day moving average of $35.10 and a two-hundred day moving average of $36.21. The firm has a market cap of $4.36 billion, a P/E ratio of 6.12, a price-to-earnings-growth ratio of 0.53 and a beta of 0.35. H&R Block, Inc. has a 12 month low of $28.16 and a 12 month high of $57.55.

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

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be given a $0.42 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.9%. H&R Block’s dividend payout ratio is 29.89%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a research report on Friday, May 29th. Zacks Research raised shares of H&R Block from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $50.00 target price on shares of H&R Block in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.00.

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.