AMG National Trust Bank Has $1.11 Million Stock Position in Intuit Inc. $INTU

AMG National Trust Bank lifted its stake in Intuit Inc. (NASDAQ:INTU) by 6.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,405 shares of the software maker’s stock after purchasing an additional 90 shares during the quarter. AMG National Trust Bank’s holdings in Intuit were worth $1,107,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of INTU. Dogwood Wealth Management LLC boosted its position in shares of Intuit by 111.8% in 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 position in shares of Intuit in the 1st quarter valued at $31,000. CBIZ Investment Advisory Services LLC boosted its position in shares of Intuit by 1,566.7% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after purchasing an additional 47 shares during the period. LGT Financial Advisors LLC acquired a new position in shares of Intuit in the 2nd quarter valued at $32,000. Finally, TD Capital Management LLC boosted its position in shares of Intuit by 511.1% in the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after purchasing an additional 46 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Up 1.7%

INTU opened at $667.55 on Friday. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The business has a 50-day moving average of $669.06 and a 200-day moving average of $701.77. 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 company has a market capitalization of $186.11 billion, a PE ratio of 48.58, a price-to-earnings-growth ratio of 2.53 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 for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period last year, the business earned $1.99 EPS. The business’s quarterly revenue was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

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

Insider Transactions at Intuit

In other news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the sale, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at $876,792.70. This trade represents a 47.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,407 shares of company stock valued at $1,614,913 in the last three months. Corporate insiders own 2.68% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on INTU. JPMorgan Chase & Co. decreased their price target on Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Barclays decreased their price objective on Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Citigroup decreased their price objective on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research report on Tuesday, September 2nd. Finally, Oppenheimer raised their price objective on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.