Vanguard Personalized Indexing Management LLC Has $29.16 Million Stock Position in Intuit Inc. $INTU

Vanguard Personalized Indexing Management LLC cut its stake in shares of Intuit Inc. (NASDAQ:INTU) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,683 shares of the software maker’s stock after selling 956 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Intuit were worth $29,157,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of INTU. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Intuit in the 3rd quarter worth about $511,000. Avantax Planning Partners Inc. grew its holdings in shares of Intuit by 9.0% during the third quarter. Avantax Planning Partners Inc. now owns 1,387 shares of the software maker’s stock worth $947,000 after purchasing an additional 114 shares during the last quarter. Sovran Advisors LLC grew its holdings in shares of Intuit by 6.6% during the third quarter. Sovran Advisors LLC now owns 1,311 shares of the software maker’s stock worth $860,000 after purchasing an additional 81 shares during the last quarter. LBP AM SA increased its stake in shares of Intuit by 16.8% in the third quarter. LBP AM SA now owns 16,645 shares of the software maker’s stock valued at $11,367,000 after buying an additional 2,396 shares during the period. Finally, Liberty Wealth Management LLC raised its holdings in Intuit by 1.1% in the 3rd quarter. Liberty Wealth Management LLC now owns 2,004 shares of the software maker’s stock valued at $1,369,000 after buying an additional 22 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 over the last three months. 2.49% of the stock is currently owned by company insiders.

Intuit Stock Up 3.0%

Shares of Intuit stock opened at $563.97 on Monday. The stock’s 50-day moving average is $637.23 and its 200 day moving average is $675.14. Intuit Inc. has a one year low of $520.69 and a one year high of $813.70. The firm has a market cap of $156.94 billion, a price-to-earnings ratio of 38.55, a PEG ratio of 2.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s payout ratio is 32.81%.

Wall Street Analyst Weigh In

INTU has been the topic of a number of research reports. BMO Capital Markets reduced their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Daiwa Capital Markets lifted their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $700.00 price target (down previously from $840.00) on shares of Intuit in a research report on Thursday, January 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a research report on Thursday. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $791.73.

Intuit Company 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.