Intuit Inc. $INTU Shares Acquired by Savant Capital LLC

Savant Capital LLC lifted its holdings in Intuit Inc. (NASDAQ:INTU) by 149.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,846 shares of the software maker’s stock after purchasing an additional 6,505 shares during the period. Savant Capital LLC’s holdings in Intuit were worth $8,543,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in 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 buying an additional 482 shares during the last quarter. Wealth Group Ltd. purchased a new stake in Intuit in the 1st quarter valued at $493,000. CFO4Life Group LLC grew its holdings in Intuit by 8.1% in the 1st quarter. CFO4Life Group LLC now owns 373 shares of the software maker’s stock valued at $229,000 after buying an additional 28 shares in the last quarter. Finally, Stonebrook Private Inc. increased its stake in shares of Intuit by 5.3% in the 1st quarter. Stonebrook Private Inc. now owns 414 shares of the software maker’s stock worth $254,000 after acquiring an additional 21 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling

In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the business’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the sale, the chief financial officer directly owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% 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, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the sale, the director directly owned 14,475 shares in the company, valued at $9,570,146.25. This represents a 2.25% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,407 shares of company stock valued at $1,614,913. Corporate insiders own 2.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on INTU shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Oppenheimer upped their price objective on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a report on Monday, July 28th. KeyCorp lowered their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average target price of $791.82.

Intuit Stock Performance

NASDAQ:INTU opened at $648.85 on Friday. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. The company has a 50 day moving average price of $668.65 and a 200 day moving average price of $704.35. The stock has a market capitalization of $180.90 billion, a P/E ratio of 47.22, a PEG ratio of 2.53 and a beta of 1.25.

Intuit (NASDAQ:INTU) last announced 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 return on equity of 22.72% and a net margin of 20.55%.The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the previous year, the company earned $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. Equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio is currently 34.93%.

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.