Caxton Associates LLP Invests $2.12 Million in H&R Block, Inc. $HRB

Caxton Associates LLP bought a new position in H&R Block, Inc. (NYSE:HRB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 66,622 shares of the company’s stock, valued at approximately $2,115,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Los Angeles Capital Management LLC purchased a new position in H&R Block during the fourth quarter worth approximately $28,000. Valley National Advisers Inc. purchased a new stake in shares of H&R Block during the 4th quarter valued at $34,000. Spire Wealth Management grew its stake in shares of H&R Block by 61.1% during the 4th quarter. Spire Wealth Management now owns 836 shares of the company’s stock valued at $36,000 after buying an additional 317 shares during the period. Signaturefd LLC increased its holdings in shares of H&R Block by 82.1% during the 4th quarter. Signaturefd LLC now owns 843 shares of the company’s stock worth $37,000 after buying an additional 380 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of H&R Block by 100.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock worth $39,000 after buying an additional 357 shares during the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on HRB. Barrington Research reaffirmed an “outperform” rating and issued a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Weiss Ratings upgraded 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 research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the 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 Trading Up 2.1%

Shares of HRB stock opened at $40.78 on Friday. H&R Block, Inc. has a 52 week low of $28.16 and a 52 week high of $56.51. The company has a market cap of $5.17 billion, a PE ratio of 7.26, a P/E/G ratio of 0.57 and a beta of 0.36. The company’s fifty day simple moving average is $38.42 and its 200-day simple moving average is $35.56.

H&R Block (NYSE:HRB) last released 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. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company posted $5.38 earnings per share. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Equities research analysts expect that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Wednesday, June 3rd. H&R Block’s dividend payout ratio (DPR) is presently 29.89%.

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.