Intuit Inc. $INTU Shares Acquired by Rockline Wealth Management LLC

Rockline Wealth Management LLC raised its position in shares of Intuit Inc. (NASDAQ:INTU) by 11.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,234 shares of the software maker’s stock after buying an additional 131 shares during the quarter. Rockline Wealth Management LLC’s holdings in Intuit were worth $972,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC raised its position in shares of Intuit by 6.8% during the 2nd quarter. Elyxium Wealth LLC now owns 611 shares of the software maker’s stock worth $481,000 after purchasing an additional 39 shares during the period. Magnolia Capital Advisors LLC bought a new stake in Intuit in the second quarter valued at $206,000. Prosperity Consulting Group LLC boosted its holdings in shares of Intuit by 11.2% during the second quarter. Prosperity Consulting Group LLC now owns 766 shares of the software maker’s stock valued at $604,000 after acquiring an additional 77 shares during the period. Optivise Advisory Services LLC grew its position in shares of Intuit by 5.8% during the second quarter. Optivise Advisory Services LLC now owns 346 shares of the software maker’s stock worth $272,000 after acquiring an additional 19 shares during the last quarter. Finally, Fullcircle Wealth LLC increased its holdings in shares of Intuit by 46.9% in the 2nd quarter. Fullcircle Wealth LLC now owns 608 shares of the software maker’s stock worth $477,000 after acquiring an additional 194 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction of $792,160.20. Following the sale, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at $876,792.70. This represents a 47.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,407 shares of company stock worth $1,614,913 in the last quarter. 2.68% of the stock is currently owned by company insiders.

Intuit Stock Up 1.3%

NASDAQ:INTU opened at $676.19 on Tuesday. The business’s fifty day moving average price is $669.45 and its 200 day moving average price is $703.96. The firm has a market capitalization of $188.53 billion, a price-to-earnings ratio of 49.21, a PEG ratio of 2.53 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last issued its earnings results 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 firm’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were issued a dividend of $1.20 per share. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Intuit’s dividend payout ratio is 34.93%.

Wall Street Analyst Weigh In

INTU has been the topic of several recent analyst reports. Stifel Nicolaus cut their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Morgan Stanley lowered their target price on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Bank of America reduced their price target on shares of Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Citigroup cut their target price on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. 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 report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $791.82.

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.