Intuit Inc. $INTU Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 30.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 694 shares of the software maker’s stock after purchasing an additional 164 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Intuit were worth $546,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Westside Investment Management Inc. lifted its position in shares of Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares in the last quarter. Dogwood Wealth Management LLC raised its position in Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after acquiring an additional 19 shares during the period. True Wealth Design LLC lifted its holdings in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after purchasing an additional 27 shares in the last quarter. Vista Cima Wealth Management LLC acquired a new stake in shares of Intuit in the first quarter valued at about $31,000. Finally, CBIZ Investment Advisory Services LLC increased its stake in shares of Intuit by 1,566.7% during the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after purchasing an additional 47 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Stock Up 0.6%

Shares of NASDAQ:INTU opened at $649.73 on Wednesday. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The stock has a market cap of $181.15 billion, a P/E ratio of 47.29, a PEG ratio of 2.53 and a beta of 1.25. The business has a fifty day moving average of $666.53 and a two-hundred day moving average of $707.46. 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 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter in the previous year, the company posted $1.99 EPS. The company’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 expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on INTU. JPMorgan Chase & Co. reduced their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Stifel Nicolaus reduced their target price on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Evercore ISI restated an “outperform” rating and issued a $875.00 target price on shares of Intuit in a research report on Tuesday. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, Rothschild & Co Redburn boosted their price target on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $795.91.

Insider Activity

In other news, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the sale, the director owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the transaction, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,407 shares of company stock valued at $1,614,913 in the last 90 days. 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.