Clifford Swan Investment Counsel LLC Has $34.37 Million Stake in Intuit Inc. $INTU

Clifford Swan Investment Counsel LLC trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,636 shares of the software maker’s stock after selling 231 shares during the quarter. Intuit comprises about 1.2% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 20th biggest position. Clifford Swan Investment Counsel LLC’s holdings in Intuit were worth $34,369,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in INTU. Ethic Inc. boosted its holdings in shares of Intuit by 7.0% during the 2nd quarter. Ethic Inc. now owns 31,284 shares of the software maker’s stock worth $24,294,000 after buying an additional 2,057 shares in the last quarter. Parcion Private Wealth LLC lifted its position in shares of Intuit by 13.0% during the 2nd quarter. Parcion Private Wealth LLC now owns 774 shares of the software maker’s stock valued at $610,000 after acquiring an additional 89 shares during the period. Exencial Wealth Advisors LLC increased its stake in Intuit by 4.8% in the second quarter. Exencial Wealth Advisors LLC now owns 913 shares of the software maker’s stock valued at $719,000 after purchasing an additional 42 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new position in shares of Intuit during the second quarter valued at about $1,537,000. Finally, Brookstone Capital Management boosted its position in shares of Intuit by 3.5% during the 2nd quarter. Brookstone Capital Management now owns 2,073 shares of the software maker’s stock worth $1,632,000 after purchasing an additional 70 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Activity at Intuit

In other Intuit news, 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 value of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the sale, the director owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,407 shares of company stock worth $1,614,913. 2.68% of the stock is owned by company insiders.

Intuit Stock Down 0.6%

Intuit stock opened at $670.77 on Thursday. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. 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 firm’s 50-day simple moving average is $673.11 and its 200 day simple moving average is $696.19. The stock has a market cap of $187.01 billion, a PE ratio of 48.82, a price-to-earnings-growth ratio of 2.61 and a beta of 1.25.

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

Intuit Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Stifel Nicolaus decreased their price objective on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Morgan Stanley lowered their price objective 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. Barclays reduced their price objective on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Finally, UBS Group cut their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $791.82.

Intuit 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.