Intuit Inc. $INTU Shares Sold by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC trimmed its position in shares of Intuit Inc. (NASDAQ:INTU) by 16.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 621 shares of the software maker’s stock after selling 122 shares during the period. Catalyst Capital Advisors LLC’s holdings in Intuit were worth $489,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of INTU. Brighton Jones LLC boosted its stake in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of 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 acquiring an additional 482 shares during the period. Wealth Group Ltd. acquired a new stake in shares of Intuit in the 1st quarter worth approximately $493,000. GAMMA Investing LLC lifted its stake in shares of Intuit by 13.7% in the 1st quarter. GAMMA Investing LLC now owns 4,602 shares of the software maker’s stock worth $2,826,000 after acquiring an additional 554 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in shares of Intuit by 5.5% in the 1st quarter. International Assets Investment Management LLC now owns 828 shares of the software maker’s stock worth $508,000 after acquiring an additional 43 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,170 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. The trade was a 47.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total transaction of $220,162.95. Following the transaction, the director directly owned 14,475 shares in the company, valued at $9,570,146.25. The trade was a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,407 shares of company stock valued at $1,614,913. Corporate insiders own 2.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on INTU shares. Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Citigroup reduced their price target on shares of Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Barclays dropped their target price on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Oppenheimer boosted their target price on shares of Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. Finally, Morgan Stanley dropped their target price on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $791.82.

Intuit Stock Up 0.8%

INTU stock opened at $683.09 on Friday. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The company’s 50 day simple moving average is $671.78 and its 200-day simple moving average is $697.98. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a market capitalization of $190.45 billion, a P/E ratio of 49.72, a P/E/G ratio of 2.62 and a beta of 1.25.

Intuit (NASDAQ:INTU) last released 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. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the previous year, the business 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. As a group, equities research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, October 9th. This is a boost 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 presently 34.93%.

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.