Regent Peak Wealth Advisors LLC Invests $744,000 in Intuit Inc. $INTU

Regent Peak Wealth Advisors LLC bought a new stake in Intuit Inc. (NASDAQ:INTU) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,089 shares of the software maker’s stock, valued at approximately $744,000.

Several other hedge funds also recently bought and sold shares of INTU. Norges Bank acquired a new stake in shares of Intuit during the second quarter valued at $3,268,830,000. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the 1st quarter valued at about $785,564,000. Winslow Capital Management LLC acquired a new stake in shares of Intuit during the 2nd quarter worth about $782,677,000. Swedbank AB grew its holdings in shares of Intuit by 575.4% during the third quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock worth $602,023,000 after buying an additional 751,027 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Intuit by 13.2% in the second quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock valued at $2,745,492,000 after buying an additional 407,078 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Activity at Intuit

In other news, CFO Sandeep Aujla sold 1,098 shares of Intuit stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $675.00, for a total transaction of $741,150.00. Following the sale, the chief financial officer owned 197 shares in the company, valued at $132,975. This trade represents a 84.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 270,897 shares of company stock worth $177,368,310. 2.49% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

INTU has been the subject of several analyst reports. Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. Wolfe Research decreased their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Finally, Daiwa Capital Markets boosted their target price on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $796.60.

Intuit Trading Up 0.0%

NASDAQ INTU opened at $674.41 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The company’s 50 day moving average price is $659.71 and its 200 day moving average price is $699.51. The firm has a market capitalization of $187.67 billion, a price-to-earnings ratio of 46.10, a PEG ratio of 2.76 and a beta of 1.27.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, sell-side analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a $1.20 dividend. The ex-dividend date is Friday, January 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 32.81%.

Intuit Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.