Dash Acquisitions Inc. Increases Stake in Intuit Inc. $INTU

Dash Acquisitions Inc. lifted its stake in shares of Intuit Inc. (NASDAQ:INTUFree Report) by 36.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,823 shares of the software maker’s stock after buying an additional 2,080 shares during the quarter. Intuit comprises 1.0% of Dash Acquisitions Inc.’s portfolio, making the stock its 24th largest position. Dash Acquisitions Inc.’s holdings in Intuit were worth $5,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. NEOS Investment Management LLC lifted its stake in shares of Intuit by 63.8% in the third quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock worth $82,984,000 after buying an additional 47,330 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its position in Intuit by 8.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after purchasing an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC bought a new position in Intuit during the third quarter valued at approximately $1,465,000. Crossmark Global Holdings Inc. raised its position in Intuit by 15.8% in the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after acquiring an additional 6,503 shares during the period. Finally, Hantz Financial Services Inc. raised its position in Intuit by 50.3% in the third quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock worth $21,765,000 after acquiring an additional 10,661 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Intuit stock opened at $378.29 on Friday. Intuit Inc. has a 12-month low of $342.11 and a 12-month high of $813.70. The firm has a 50-day moving average price of $414.54 and a 200-day moving average price of $522.10. The firm has a market capitalization of $104.62 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.49 and a beta of 1.04. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTUGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. The company had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter last year, the business posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities research analysts forecast that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

More Intuit News

Here are the key news stories impacting Intuit this week:

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Oppenheimer decreased their price target on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price target on the stock in a research report on Monday, March 16th. Stifel Nicolaus decreased their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. BMO Capital Markets reduced their price objective on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, Erste Group Bank raised shares of Intuit to a “hold” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average price target of $634.26.

View Our Latest Stock Report on INTU

Intuit Profile

(Free Report)

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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