Thompson Siegel & Walmsley LLC Purchases 3,500 Shares of Intuit Inc. $INTU

Thompson Siegel & Walmsley LLC increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 49.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,527 shares of the software maker’s stock after buying an additional 3,500 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Intuit were worth $6,973,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Intuit by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after buying an additional 296,448 shares in the last quarter. State Street Corp grew its holdings in shares of Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after buying an additional 158,456 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Intuit by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after buying an additional 87,451 shares in the last quarter. Norges Bank bought a new position in shares of Intuit during the fourth quarter worth about $3,058,407,000. Finally, Invesco Ltd. grew its holdings in shares of Intuit by 7.8% during the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock worth $2,565,810,000 after buying an additional 271,407 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Vasant M. Prabhu acquired 1,250 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the purchase, the director directly owned 1,250 shares in the company, valued at approximately $386,812.50. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.49% of the stock is owned by company insiders.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Negative Sentiment: Intuit is being investigated by Bleichmar Fonti & Auld LLP for potential securities fraud related to alleged misstatements about TurboTax pricing and its position among DIY tax filers, following a large stock drop. INTU Stock Drop: Intuit Investigated for Securities Fraud after Stock Plummets 20% on Pricing Issues
• Negative Sentiment: A shareholder notification from BFA Law says the stock drop has triggered a securities fraud investigation, adding another legal overhang for the shares. INTU Shareholder Notification: Intuit 20% Stock Drop Triggers Securities Fraud Investigation on behalf of Harmed Investors – Contact BFA Law
• Neutral Sentiment: Some commentary argues Intuit may be undervalued despite the selloff, framing the stock as a possible buying opportunity if the pricing concerns prove temporary. Intuit: Undervalued And An AI Leader
• Positive Sentiment: Analysts and commentators still point to Intuit’s AI efforts, including Mailchimp’s new Analytics AI and integrations, as a potential future growth driver that could help offset current concerns. Mailchimp’s AI Bet: Can Intuit Unlock the Next Growth Lever?

Intuit Stock Performance

NASDAQ:INTU opened at $353.76 on Tuesday. The stock has a market cap of $96.77 billion, a P/E ratio of 21.43, a PEG ratio of 1.25 and a beta of 0.98. The stock has a 50 day simple moving average of $388.38 and a 200 day simple moving average of $495.29. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 1-year low of $300.50 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the firm posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts anticipate that Intuit Inc. will post 17.64 earnings per share for the current year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Scotiabank set a $575.00 price objective on Intuit in a report on Friday, March 6th. Evercore decreased their price target on Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Argus decreased their price target on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. HSBC decreased their price target on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Finally, Oppenheimer decreased their price target on Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Twenty-four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and an average price target of $525.65.

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.