WINTON GROUP Ltd Invests $3.79 Million in Intuit Inc. $INTU

WINTON GROUP Ltd acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,542 shares of the software maker’s stock, valued at approximately $3,785,000.

Several other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Intuit during the 2nd quarter valued at about $3,268,830,000. Nicholas Hoffman & Company LLC. bought a new stake in shares of Intuit in the 1st quarter valued at approximately $785,564,000. Winslow Capital Management LLC acquired a new position in Intuit in the second quarter worth approximately $782,677,000. Vanguard Group Inc. raised its position in Intuit by 3.3% during the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after acquiring an additional 914,024 shares in the last quarter. Finally, Swedbank AB raised its position in Intuit by 575.4% during the third quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock valued at $602,023,000 after acquiring an additional 751,027 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Down 1.6%

NASDAQ:INTU opened at $473.67 on Tuesday. The company’s 50 day moving average is $499.40 and its 200-day moving average is $605.97. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70. The firm has a market cap of $130.99 billion, a price-to-earnings ratio of 30.68, a P/E/G ratio of 1.93 and a beta of 1.27.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 1,402 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’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 completion of the sale, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 120,168 shares of company stock worth $79,899,156. Corporate insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on INTU. Weiss Ratings downgraded shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. Independent Research set a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. TD Cowen reduced their price objective on shares of Intuit from $658.00 to $633.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Wall Street Zen downgraded shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Daiwa Securities Group cut their target price on Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $642.32.

About Intuit

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.