Intuit Inc. $INTU Shares Acquired by Motco

Motco increased its stake in Intuit Inc. (NASDAQ:INTU) by 1.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,597 shares of the software maker’s stock after acquiring an additional 302 shares during the quarter. Intuit makes up 1.2% of Motco’s holdings, making the stock its 21st largest holding. Motco’s holdings in Intuit were worth $13,031,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. KMG Fiduciary Partners LLC grew its holdings in shares of Intuit by 1.8% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after acquiring an additional 14 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Intuit by 3.9% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock worth $296,000 after acquiring an additional 14 shares during the last quarter. Weaver Capital Management LLC boosted its position in shares of Intuit by 1.3% in the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock worth $888,000 after buying an additional 14 shares during the period. May Hill Capital LLC boosted its position in shares of Intuit by 4.2% in the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock worth $272,000 after buying an additional 14 shares during the period. Finally, Peloton Wealth Strategists boosted its position in shares of Intuit by 0.3% in the first quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock worth $2,710,000 after buying an additional 15 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction dated Friday, October 3rd. The stock was 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 in the company, valued at $876,792.70. This trade represents a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the transaction, the director owned 14,475 shares in the company, valued at approximately $9,570,146.25. This trade represents a 2.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,407 shares of company stock worth $1,614,913 over the last three months. Corporate insiders own 2.68% of the company’s stock.

Intuit Price Performance

INTU opened at $678.93 on Wednesday. The stock has a market cap of $189.29 billion, a price-to-earnings ratio of 49.41, a PEG ratio of 2.64 and a beta of 1.25. 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 stock has a fifty day moving average price of $670.66 and a 200 day moving average price of $701.09.

Intuit (NASDAQ:INTU) last released its quarterly earnings data 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 firm had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, October 9th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date was Thursday, October 9th. Intuit’s dividend payout ratio is 34.93%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Bank of America decreased their target price on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Citigroup decreased their target price on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Morgan Stanley decreased their target price on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Finally, Zacks Research cut Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average price target 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.