Intuit Inc. $INTU Shares Acquired by Hills Bank & Trust Co

Hills Bank & Trust Co grew its holdings in Intuit Inc. (NASDAQ:INTU) by 9.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,036 shares of the software maker’s stock after buying an additional 88 shares during the quarter. Hills Bank & Trust Co’s holdings in Intuit were worth $816,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of INTU. Dogwood Wealth Management LLC increased its stake in 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 in the last quarter. Vista Cima Wealth Management LLC purchased a new position in Intuit in the 1st quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC increased its stake in 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 in the last quarter. LGT Financial Advisors LLC purchased a new position in Intuit in the 2nd quarter valued at approximately $32,000. Finally, TD Capital Management LLC increased its stake in 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 in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of the sale, the director owned 14,475 shares of the company’s stock, valued at $9,570,146.25. The trade was a 2.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value 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 approximately $876,792.70. This represents a 47.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,407 shares of company stock valued at $1,614,913 over the last quarter. Company insiders own 2.68% of the company’s stock.

Analyst Ratings Changes

INTU has been the subject of several research analyst reports. Oppenheimer raised their price objective on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. JPMorgan Chase & Co. dropped their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. BMO Capital Markets raised their price target on Intuit from $820.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Rothschild & Co Redburn raised their price target on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Finally, Stifel Nicolaus dropped their price target on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. One equities 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $791.82.

Intuit Stock Performance

Intuit stock opened at $667.55 on Friday. The company has a market capitalization of $186.11 billion, a price-to-earnings ratio of 48.58, a PEG ratio of 2.53 and a beta of 1.25. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The stock has a fifty day moving average of $669.06 and a two-hundred day moving average of $702.52.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The business had revenue of $3.83 billion during 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 business’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.99 earnings per share. 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 anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

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

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.