Creative Capital Management Investments LLC Acquires New Shares in Intuit Inc. $INTU

Creative Capital Management Investments LLC acquired a new stake in Intuit Inc. (NASDAQ:INTU) during the second quarter, Holdings Channel reports. The fund acquired 146 shares of the software maker’s stock, valued at approximately $115,000.

A number of other large investors also recently added to or reduced their stakes in INTU. Brighton Jones LLC lifted its stake in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares during the period. NBC Securities Inc. purchased a new stake in shares of Intuit during the first quarter worth $92,000. Wealth Group Ltd. purchased a new position in Intuit in the first quarter valued at $493,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Intuit by 20.1% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,206 shares of the software maker’s stock valued at $1,356,000 after buying an additional 369 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Trading Down 0.3%

Shares of Intuit stock opened at $679.94 on Friday. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. 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 has a market cap of $189.57 billion, a PE ratio of 49.49, a price-to-earnings-growth ratio of 2.63 and a beta of 1.25. The company has a 50-day moving average of $700.95 and a two-hundred day moving average of $691.50.

Intuit (NASDAQ:INTU) last issued 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 net margin of 20.55% and a return on equity of 22.72%. The company had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the company posted $1.99 earnings per share. The firm’s quarterly 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. On average, research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be issued a $1.20 dividend. 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. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s dividend payout ratio is 30.28%.

Insider Activity at Intuit

In other Intuit news, Director Scott D. Cook sold 529 shares of the stock in a transaction dated 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 transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Alex G. Balazs sold 882 shares of the firm’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 disclosure for this sale can be found here. In the last ninety days, insiders sold 2,785 shares of company stock valued at $2,029,299. 2.68% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on INTU. UBS Group dropped their price objective on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a report on Friday, August 22nd. KeyCorp decreased their target price on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Zacks Research downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. BMO Capital Markets increased their target price on shares of Intuit from $820.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Finally, CLSA started coverage on shares of Intuit in a research report on Thursday, June 26th. They issued an “outperform” rating and a $900.00 price objective for the company. One equities research 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 given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.