Triad Wealth Partners LLC Buys 125 Shares of Intuit Inc. $INTU

Triad Wealth Partners LLC lifted its stake in Intuit Inc. (NASDAQ:INTU) by 16.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 884 shares of the software maker’s stock after acquiring an additional 125 shares during the period. Triad Wealth Partners LLC’s holdings in Intuit were worth $696,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Invesco Ltd. raised its stake in shares of Intuit by 1.2% in the 1st quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker’s stock valued at $1,890,282,000 after acquiring an additional 36,513 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Intuit by 4.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,841,590 shares of the software maker’s stock valued at $1,130,718,000 after acquiring an additional 82,419 shares in the last quarter. Vident Advisory LLC grew its holdings in Intuit by 22.1% in the 1st quarter. Vident Advisory LLC now owns 46,940 shares of the software maker’s stock valued at $28,821,000 after buying an additional 8,510 shares during the last quarter. Circle Wealth Management LLC grew its holdings in Intuit by 33.4% in the 1st quarter. Circle Wealth Management LLC now owns 3,451 shares of the software maker’s stock valued at $2,119,000 after buying an additional 865 shares during the last quarter. Finally, Pinnacle Financial Partners Inc grew its holdings in Intuit by 3.6% in the 1st quarter. Pinnacle Financial Partners Inc now owns 17,789 shares of the software maker’s stock valued at $10,922,000 after buying an additional 623 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Intuit Price Performance

Shares of INTU stock opened at $681.86 on Friday. The stock’s fifty day simple moving average is $703.07 and its 200 day simple moving average is $690.94. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a market cap of $190.11 billion, a price-to-earnings ratio of 49.63, a P/E/G ratio of 2.62 and a beta of 1.25. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.Intuit’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm 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, analysts expect 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 will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. This is a positive change from Intuit’s previous quarterly dividend of $1.04. Intuit’s payout ratio is presently 34.93%.

Insider Buying and Selling

In related news, EVP Alex G. Balazs sold 882 shares of the business’s stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $781.63, for a total value of $689,397.66. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the sale, the director directly owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This represents a 0.01% 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 in the last quarter. Corporate insiders own 2.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Morgan Stanley lowered their target price on Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. BMO Capital Markets raised their target price on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. JPMorgan Chase & Co. lowered their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. KeyCorp lowered their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Finally, Barclays lowered their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $791.82.

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.