Tilia Fiduciary Partners Inc. increased its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,289 shares of the software maker’s stock after acquiring an additional 42 shares during the period. Intuit makes up approximately 1.6% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 22nd biggest holding. Tilia Fiduciary Partners Inc.’s holdings in Intuit were worth $2,591,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of INTU. Nuveen LLC acquired a new position in Intuit during the first quarter worth $882,031,000. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit during the first quarter worth $785,564,000. Price T Rowe Associates Inc. MD boosted its position in Intuit by 7.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after purchasing an additional 649,212 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in Intuit by 55.5% during the first quarter. Pictet Asset Management Holding SA now owns 1,053,197 shares of the software maker’s stock worth $646,613,000 after purchasing an additional 375,742 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in Intuit by 6.8% during the first quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock worth $3,472,266,000 after purchasing an additional 358,328 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.
Analyst Ratings Changes
INTU has been the topic of a number of research analyst reports. Citigroup decreased their target price on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada restated an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research report on Tuesday, September 2nd. BMO Capital Markets upped their price objective on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. reduced their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, Bank of America reduced their price objective on Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $791.82.
Intuit Stock Performance
NASDAQ INTU opened at $679.94 on Friday. The business’s 50-day moving average price is $700.95 and its 200 day moving average price is $691.50. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a market capitalization 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 current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30.
Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the business posted $1.99 earnings per share. The firm’s revenue for the quarter 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 predict that Intuit Inc. will post 14.09 earnings per share for the current year.
Intuit Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be paid a dividend of $1.20 per share. This is a boost from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Intuit’s payout ratio is currently 30.28%.
Insider Transactions at Intuit
In other Intuit news, Director Scott D. Cook sold 529 shares of the company’s 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 sale, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 42 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $27,929.58. Following the sale, the chief financial officer owned 831 shares of the company’s stock, valued at $552,606.69. This represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,785 shares of company stock valued at $2,029,299. Insiders own 2.68% of the company’s stock.
Intuit Company 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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