Bessemer Group Inc. Has $8.13 Million Position in Intuit Inc. $INTU

Bessemer Group Inc. grew its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 2.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,323 shares of the software maker’s stock after acquiring an additional 289 shares during the period. Bessemer Group Inc.’s holdings in Intuit were worth $8,131,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Dogwood Wealth Management LLC increased its position in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares during the period. Vista Cima Wealth Management LLC acquired a new stake in shares of Intuit during the first quarter worth $31,000. CBIZ Investment Advisory Services LLC increased its position in shares of Intuit by 1,566.7% during the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after buying an additional 47 shares during the period. LGT Financial Advisors LLC acquired a new stake in shares of Intuit during the second quarter worth $32,000. Finally, TD Capital Management LLC increased its position in shares of Intuit by 511.1% during the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock worth $34,000 after buying an additional 46 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Trading Down 0.7%

Shares of Intuit stock opened at $678.93 on Wednesday. The stock has a 50 day moving average price of $670.66 and a two-hundred day moving average price of $701.09. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $189.29 billion, a PE ratio of 49.41, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter last year, the firm posted $1.99 EPS. Intuit’s revenue 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. As a group, equities analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, October 9th were paid a dividend of $1.20 per share. This is an increase from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date was Thursday, October 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s dividend payout ratio (DPR) is presently 34.93%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on INTU. Bank of America decreased their price target on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. KeyCorp decreased their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Citigroup decreased their target price on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Oppenheimer raised their price objective on shares of Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Finally, Barclays reduced their price objective on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. One equities 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $791.82.

Insider Buying and Selling at Intuit

In other Intuit news, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the transaction, the director owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction that occurred on Friday, October 3rd. The shares were 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 in the company, valued at approximately $876,792.70. The trade was a 47.46% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,407 shares of company stock worth $1,614,913. Insiders own 2.68% of the company’s stock.

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.