Aspiriant LLC Sells 36 Shares of Intuit Inc. $INTU

Aspiriant LLC reduced its stake in shares of Intuit Inc. (NASDAQ:INTU) by 8.9% in the second quarter, HoldingsChannel.com reports. The fund owned 367 shares of the software maker’s stock after selling 36 shares during the quarter. Aspiriant LLC’s holdings in Intuit were worth $289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares during the last quarter. Wealth Group Ltd. purchased a new stake in Intuit in the first quarter worth approximately $493,000. GAMMA Investing LLC grew its position in Intuit by 13.7% during the first quarter. GAMMA Investing LLC now owns 4,602 shares of the software maker’s stock valued at $2,826,000 after acquiring an additional 554 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Intuit by 6.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 32,535 shares of the software maker’s stock worth $19,978,000 after acquiring an additional 1,859 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Intuit

In other news, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the sale, the chief financial officer owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. The trade was a 47.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the transaction, the director owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,407 shares of company stock worth $1,614,913 over the last quarter. Corporate insiders own 2.68% of the company’s stock.

Intuit Stock Performance

Shares of NASDAQ:INTU opened at $661.39 on Friday. 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 company has a 50-day moving average price of $675.52 and a 200-day moving average price of $695.11. The company has a market cap of $184.40 billion, a price-to-earnings ratio of 48.14, a price-to-earnings-growth ratio of 2.55 and a beta of 1.25. Intuit Inc. has a 12 month low of $532.65 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.Intuit’s revenue was up 20.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were paid a $1.20 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s payout ratio is 34.93%.

Analyst Upgrades and Downgrades

INTU has been the subject of a number of research reports. Bank of America cut their price objective on shares of Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. CLSA assumed coverage on shares of Intuit in a research report on Thursday, June 26th. They set an “outperform” rating and a $900.00 price target for the company. UBS Group reduced their price objective on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Finally, BMO Capital Markets increased their target price on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently 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.