Fiduciary Family Office LLC cut its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 37.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 452 shares of the software maker’s stock after selling 272 shares during the period. Fiduciary Family Office LLC’s holdings in Intuit were worth $356,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Dogwood Wealth Management LLC increased its stake in shares of Intuit by 111.8% in the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after purchasing an additional 19 shares during the period. Vista Cima Wealth Management LLC bought a new position in shares of Intuit in the first quarter worth about $31,000. CBIZ Investment Advisory Services LLC increased its stake in shares of Intuit by 1,566.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after purchasing an additional 47 shares during the period. LGT Financial Advisors LLC bought a new position in Intuit during the second quarter valued at about $32,000. Finally, TD Capital Management LLC increased its stake in Intuit by 511.1% during the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after acquiring an additional 46 shares during the period. 83.66% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. KeyCorp lowered their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Stifel Nicolaus lowered their price target on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Rothschild & Co Redburn boosted their price target on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price target on shares of Intuit in a research note on Tuesday, September 2nd. Finally, UBS Group lowered their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $791.82.
Intuit Stock Up 1.5%
NASDAQ INTU opened at $675.04 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average is $673.93 and its two-hundred day moving average is $696.36. The company has a market capitalization of $188.20 billion, a price-to-earnings ratio of 49.13, a PEG ratio of 2.57 and a beta of 1.25. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70.
Intuit (NASDAQ:INTU – Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period in the previous 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 earnings per share for the current fiscal year.
Intuit Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. This is an increase from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio (DPR) is presently 34.93%.
Insider Transactions at Intuit
In other news, CFO Sandeep Aujla sold 1,170 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at $876,792.70. The trade was a 47.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the transaction, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,407 shares of company stock valued at $1,614,913 in the last three months. 2.68% of the stock is owned by corporate insiders.
Intuit 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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