Intuit Inc. $INTU is Hillman Co.’s 5th Largest Position

Hillman Co. reduced its position in shares of Intuit Inc. (NASDAQ:INTU) by 26.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,968 shares of the software maker’s stock after selling 11,325 shares during the period. Intuit comprises approximately 9.3% of Hillman Co.’s portfolio, making the stock its 5th largest position. Hillman Co.’s holdings in Intuit were worth $24,391,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Autumn Glory Partners LLC acquired a new position in shares of Intuit during the second quarter worth about $239,000. PUREfi Wealth LLC increased its position in Intuit by 7.3% during the 2nd quarter. PUREfi Wealth LLC now owns 353 shares of the software maker’s stock worth $278,000 after purchasing an additional 24 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of Intuit by 5.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,579 shares of the software maker’s stock worth $2,031,000 after buying an additional 141 shares in the last quarter. Knights of Columbus Asset Advisors LLC lifted its holdings in shares of Intuit by 17.9% in the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 9,696 shares of the software maker’s stock valued at $7,637,000 after buying an additional 1,472 shares during the period. Finally, DAVENPORT & Co LLC boosted its stake in shares of Intuit by 5.1% in the second quarter. DAVENPORT & Co LLC now owns 19,363 shares of the software maker’s stock valued at $15,251,000 after buying an additional 942 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on INTU. Citigroup dropped their price objective on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Wall Street Zen lowered shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group dropped their target price on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. Stifel Nicolaus lowered their price target on shares of Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Finally, KeyCorp dropped their price objective on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $791.82.

Intuit Price Performance

NASDAQ INTU opened at $679.94 on Monday. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The business’s fifty day moving average is $700.95 and its two-hundred day moving average is $692.75. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $189.57 billion, a P/E ratio of 49.49, a P/E/G ratio of 2.62 and a beta of 1.25.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $3.75 billion. During the same period in the prior year, the firm earned $1.99 earnings per share. The firm’s revenue was up 20.3% compared to the same quarter last year. 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 forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a $1.20 dividend. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is currently 34.93%.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $768.43, for a total transaction of $255,887.19. Following the completion of the transaction, the director owned 15,474 shares of the company’s stock, valued at approximately $11,890,685.82. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 42 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $27,929.58. Following the sale, the chief financial officer owned 831 shares in the company, valued at approximately $552,606.69. This represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,785 shares of company stock worth $2,029,299. 2.68% of the stock is owned by company insiders.

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.