Mayflower Financial Advisors LLC Has $714,000 Holdings in Intuit Inc. $INTU

Mayflower Financial Advisors LLC increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 5.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 907 shares of the software maker’s stock after acquiring an additional 48 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Intuit were worth $714,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in INTU. Nuveen LLC acquired a new position in Intuit in the 1st quarter valued at approximately $882,031,000. Nicholas Hoffman & Company LLC. acquired a new position in Intuit in the 1st quarter valued at approximately $785,564,000. Price T Rowe Associates Inc. MD increased its stake in Intuit by 7.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock valued at $5,537,435,000 after buying an additional 649,212 shares during the period. Pictet Asset Management Holding SA increased its stake in Intuit by 55.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,053,197 shares of the software maker’s stock valued at $646,613,000 after buying an additional 375,742 shares during the period. Finally, Wellington Management Group LLP increased its stake in Intuit by 6.8% in the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock valued at $3,472,266,000 after buying an additional 358,328 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of INTU opened at $656.04 on Thursday. The company’s fifty day moving average is $669.80 and its 200-day moving average is $701.57. Intuit Inc. has a 12 month low of $532.65 and a 12 month high of $813.70. The firm has a market cap of $182.90 billion, a price-to-earnings ratio of 47.75, a price-to-earnings-growth ratio of 2.62 and a beta of 1.25. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. Intuit’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Equities analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on INTU. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Bank of America dropped their price objective on shares of Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research note on Tuesday, September 2nd. Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, JPMorgan Chase & Co. dropped their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. This represents a 2.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the sale, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,407 shares of company stock valued at $1,614,913. Company insiders own 2.68% of the company’s stock.

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.