Everpar Advisors LLC lifted its position in Intuit Inc. (NASDAQ:INTU – Free Report) by 12.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 923 shares of the software maker’s stock after acquiring an additional 101 shares during the quarter. Everpar Advisors LLC’s holdings in Intuit were worth $727,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in INTU. GAMMA Investing LLC grew its stake in shares of Intuit by 69,701.9% in the 1st quarter. GAMMA Investing LLC now owns 2,825,582 shares of the software maker’s stock worth $17,348,790,000 after acquiring an additional 2,821,534 shares in the last quarter. Nuveen LLC bought a new stake in shares of Intuit in the 1st quarter worth $882,031,000. Nicholas Hoffman & Company LLC. bought a new stake in shares of Intuit in the 1st quarter worth $785,564,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Intuit by 33.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,072,021 shares of the software maker’s stock worth $1,930,765,000 after acquiring an additional 771,232 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Intuit by 7.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after acquiring an additional 649,212 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.
Insider Transactions at Intuit
In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the sale, the director directly owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. This represents a 2.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Alex G. Balazs sold 882 shares of the stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $781.63, for a total transaction of $689,397.66. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,879 shares of company stock valued at $7,558,613. Company insiders own 2.68% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Report on Intuit
Intuit Price Performance
Shares of NASDAQ:INTU opened at $651.33 on Tuesday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $181.59 billion, a PE ratio of 47.40, a P/E/G ratio of 2.49 and a beta of 1.26. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a 50-day moving average price of $722.85 and a two-hundred day moving average price of $684.31.
Intuit (NASDAQ:INTU – Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter last year, the business earned $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.
Intuit Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. This is a boost from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is 30.28%.
Intuit Company Profile
Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.
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