<div id="readability-page-1"><p>DB Fitzpatrick &amp; Co Inc purchased a new stake in shares of  Block, Inc. (NYSE:XYZ - Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 20,513 shares of the technology company's stock, valued at approximately $1,482,000. Block comprises  1.3% of DB Fitzpatrick &amp; Co Inc's investment portfolio, making the stock its 20th biggest holding.</p><ul><li>Hims, Block, and NRG Just Launched Huge Stock Buybacks </li></ul><p>A number of other hedge funds have also modified their holdings of the company. S Bank Fund Management Ltd purchased a new stake in  Block in the second quarter valued at approximately $92,000.  Praxis Investment Management Inc. acquired a new stake in  Block during the 2nd quarter valued at approximately $508,000.  Nordea Investment Management AB acquired a new stake in  Block during the 2nd quarter valued at approximately $3,105,000.  SilverOak Wealth Management LLC purchased a new stake in shares of  Block in the 2nd quarter valued at $218,000.  Finally, Private Trust Co. NA acquired a new stake in shares of  Block in the second quarter worth $94,000. 70.44% of the stock is owned by institutional investors and hedge funds. </p><h2>Insider Transactions at Block</h2><p>In other Block news, insider Chrysty Esperanza sold 3,608 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $61.40, for a total transaction of $221,531.20. Following the transaction, the insider directly owned 123,198 shares of the company's stock, valued at $7,564,357.20. This trade represents a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Owen Britton Jennings sold 10,417 shares of the business's stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $61.40, for a total transaction of $639,603.80. Following the sale, the insider directly owned 243,540 shares of the company's stock, valued at $14,953,356. This represents a 4.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 92,617 shares of company stock worth $6,474,580 in the last ninety days. Company insiders own  10.85% of the company's stock. </p><h2>Block Stock Performance</h2><ul><li>Block Levels Up: What S&amp;P 500 Inclusion Means for Investors</li></ul><p>NYSE XYZ opened at $65.33 on Monday. The stock has a market capitalization of $39.70 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 2.59 and a beta of 2.65. The stock has a 50-day moving average of $67.99 and a 200 day moving average of $71.27. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.25. Block, Inc. has a twelve month low of $44.27 and a twelve month high of $94.25. </p><p>Block (NYSE:XYZ - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The technology company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.25 by $0.29. The company had revenue of $6.11 billion for the quarter. Block had a return on equity of 5.54% and a net margin of 12.99%.The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 earnings per share.  Sell-side analysts anticipate that  Block, Inc. will post 2.54 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><ul><li>Snag These 3 Bargain Tech Stocks Before They Pop</li></ul><p>A number of research firms recently issued reports on XYZ. The Goldman Sachs Group decreased their target price on shares of Block from $96.00 to $82.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, November 7th. Morgan Stanley boosted their price objective on Block from $71.00 to $72.00 and gave the company an &#34;equal weight&#34; rating in a report on Friday, November 21st. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Block in a research note on Monday, December 15th. KeyCorp  reaffirmed an &#34;overweight&#34; rating and set a $94.00 target price on shares of Block in a report on Wednesday, October 22nd. Finally, Zacks Research cut Block from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, November 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued  a Buy rating, twelve have assigned  a Hold rating and one  has issued  a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $83.42.</p><p><b>Check Out Our Latest Analysis on Block</b></p><h2>Block Profile</h2> (Free Report)<p>Block <span>NYSE: XYZ<span></span></span> is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block's portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.  </p><p>The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Block</li><li>I Shouldn't Be Sending You This</li><li>REVEALED: America just unlocked a $500 trillion asset</li><li>Wall Street Stock picker Names #1 Stock of 2026</li><li>They Laughed at $30. They Won’t Laugh at $70.</li><li>How Long Will $1M Last in Retirement?</li></ul><p><strong>Want to see what other hedge funds are holding XYZ?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Block, Inc. (NYSE:XYZ - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Block Right Now?</h2><p>Before you consider Block, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Block wasn't on the list.</p><p>While Block currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>DB Fitzpatrick & Co Inc invested $1.48 million in Block, Inc., purchasing 20,513 shares. Block is 1.3% of their portfolio. Insiders sold shares, reducing their holdings. Block's stock opened at $65.33, with a market cap of $39.70 billion. Analysts have mixed ratings, with price targets ranging from $72 to $94. Block's quarterly earnings beat estimates, reporting $0.54 EPS and $6.11 billion revenue.</p>

DB Fitzpatrick & Co Inc Invests $1.48 Million in Block, Inc. $XYZ