Apexium Financial LP Has $637,000 Stock Holdings in Intuit Inc. $INTU

Apexium Financial LP increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 809 shares of the software maker’s stock after acquiring an additional 25 shares during the quarter. Apexium Financial LP’s holdings in Intuit were worth $637,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dogwood Wealth Management LLC lifted its stake in shares of Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares during the period. Vista Cima Wealth Management LLC acquired a new position in Intuit in the first quarter valued at about $31,000. CBIZ Investment Advisory Services LLC lifted its stake in Intuit by 1,566.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after buying an additional 47 shares during the period. TD Capital Management LLC lifted its stake in Intuit by 511.1% in the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after buying an additional 46 shares during the period. Finally, Olde Wealth Management LLC acquired a new position in Intuit in the first quarter valued at about $37,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on INTU shares. CLSA started coverage on Intuit in a research note on Thursday, June 26th. They issued an “outperform” rating and a $900.00 target price on the stock. KeyCorp cut their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $850.00 target price on shares of Intuit in a research note on Tuesday, September 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a report on Saturday, September 27th. Finally, Bank of America dropped their price target on Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Buying and Selling

In other Intuit news, EVP Alex G. Balazs sold 882 shares of the business’s stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $781.63, for a total transaction of $689,397.66. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $768.43, for a total value of $255,887.19. Following the transaction, the director directly owned 15,474 shares in the company, valued at $11,890,685.82. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,785 shares of company stock worth $2,029,299 over the last 90 days. Company insiders own 2.68% of the company’s stock.

Intuit Stock Down 0.3%

Shares of Intuit stock opened at $679.94 on Friday. The business’s 50 day simple moving average is $700.95 and its 200 day simple moving average is $691.50. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The firm has a market cap of $189.57 billion, a PE ratio of 49.49, a P/E/G ratio of 2.63 and a beta of 1.25. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the firm earned $1.99 EPS. Intuit’s revenue for the quarter was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be given a $1.20 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. This is a boost from Intuit’s previous quarterly dividend of $1.04. Intuit’s payout ratio is 30.28%.

About Intuit

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.