V Square Quantitative Management LLC Has $6.62 Million Stock Position in Intuit Inc. $INTU

V Square Quantitative Management LLC boosted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 0.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,410 shares of the software maker’s stock after buying an additional 31 shares during the period. Intuit makes up approximately 0.9% of V Square Quantitative Management LLC’s holdings, making the stock its 13th biggest holding. V Square Quantitative Management LLC’s holdings in Intuit were worth $6,624,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Intuit by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 27,330,309 shares of the software maker’s stock worth $16,780,536,000 after buying an additional 294,993 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Intuit by 7.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after buying an additional 649,212 shares during the period. Wellington Management Group LLP raised its holdings in Intuit by 6.8% during the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock worth $3,472,266,000 after buying an additional 358,328 shares during the period. Brown Advisory Inc. grew its stake in shares of Intuit by 7.9% during the 1st quarter. Brown Advisory Inc. now owns 3,444,600 shares of the software maker’s stock worth $2,114,950,000 after acquiring an additional 252,265 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Intuit by 1.2% during the 1st quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker’s stock worth $1,890,282,000 after acquiring an additional 36,513 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

NASDAQ:INTU opened at $698.26 on Monday. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $710.05 and a 200 day simple moving average of $689.85. The stock has a market capitalization of $194.67 billion, a PE ratio of 50.82, a P/E/G ratio of 2.69 and a beta of 1.26.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the business earned $1.99 earnings per share. The firm’s revenue was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is presently 30.28%.

Insider Activity

In other Intuit news, EVP Mark P. Notarainni sold 1,147 shares of Intuit stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $773.90, for a total transaction of $887,663.30. Following the completion of the transaction, the executive vice president directly owned 19 shares of the company’s stock, valued at $14,704.10. The trade was a 98.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,141 shares of company stock valued at $6,195,865. 2.68% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

INTU has been the subject of several research reports. Oppenheimer raised their price target on shares of Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. Wells Fargo & Company set a $880.00 price target on shares of Intuit and gave the stock an “overweight” rating in a research note on Friday, June 13th. CLSA initiated coverage on shares of Intuit in a research note on Thursday, June 26th. They set an “outperform” rating and a $900.00 price target for the company. JPMorgan Chase & Co. decreased their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Finally, Morgan Stanley decreased their price target on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

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.