Intuit Inc. $INTU Shares Bought by STF Management LP

STF Management LP lifted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 2.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,346 shares of the software maker’s stock after buying an additional 110 shares during the quarter. Intuit makes up approximately 1.4% of STF Management LP’s portfolio, making the stock its 17th biggest position. STF Management LP’s holdings in Intuit were worth $3,423,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in INTU. Montag A & Associates Inc. grew its holdings in Intuit by 28.7% during the 2nd quarter. Montag A & Associates Inc. now owns 18,286 shares of the software maker’s stock worth $14,403,000 after acquiring an additional 4,083 shares in the last quarter. Blackston Financial Advisory Group LLC purchased a new stake in shares of Intuit during the 2nd quarter worth $307,000. Vise Technologies Inc. purchased a new stake in shares of Intuit during the 2nd quarter worth $5,033,000. Retirement Solution LLC acquired a new position in shares of Intuit during the second quarter worth $247,000. Finally, Alpha Cubed Investments LLC purchased a new position in Intuit in the second quarter valued at $284,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Trading Up 0.7%

INTU opened at $653.27 on Tuesday. The firm has a market cap of $182.13 billion, a price-to-earnings ratio of 47.55, a price-to-earnings-growth ratio of 2.53 and a beta of 1.25. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The business’s 50 day moving average is $668.38 and its two-hundred day moving average is $706.24. 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 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 net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the company earned $1.99 earnings per share. The business’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. On average, research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The company also recently declared 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. This is an increase from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. Intuit’s dividend payout ratio is currently 34.93%.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value 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. This trade represents a 47.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,407 shares of company stock worth $1,614,913 over the last 90 days. Company insiders own 2.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on INTU. Zacks Research cut Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Royal Bank Of Canada reissued an “outperform” rating and set a $850.00 target price on shares of Intuit in a research report on Tuesday, September 2nd. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Rothschild & Co Redburn increased their price target on shares of Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Finally, Barclays cut their price objective 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. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.