MASTERINVEST Kapitalanlage GmbH Takes Position in Intuit Inc. $INTU
by Sarita Garza · The Markets DailyMASTERINVEST Kapitalanlage GmbH bought a new position in Intuit Inc. (NASDAQ:INTU – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,939 shares of the software maker’s stock, valued at approximately $3,890,000.
A number of other institutional investors have also recently made changes to their positions in INTU. Brighton Jones LLC increased its stake in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the 1st quarter valued at approximately $785,564,000. Trivium Point Advisory LLC raised its holdings in Intuit by 20.0% during the 1st quarter. Trivium Point Advisory LLC now owns 523 shares of the software maker’s stock valued at $321,000 after acquiring an additional 87 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Intuit by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 594,632 shares of the software maker’s stock worth $364,995,000 after acquiring an additional 24,645 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on INTU shares. BMO Capital Markets reduced their price target on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. JPMorgan Chase & Co. cut their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Rothschild & Co Redburn upped their price target on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research report on Tuesday, September 23rd. Independent Research set a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. Finally, Barclays cut their price objective on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $798.20.
Read Our Latest Report on INTU
Intuit Stock Performance
NASDAQ:INTU opened at $670.92 on Friday. The stock has a market cap of $186.70 billion, a P/E ratio of 45.86, a PEG ratio of 2.75 and a beta of 1.27. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The business’s 50-day moving average price is $656.94 and its two-hundred day moving average price is $704.92. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70.
Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same period last year, the firm posted $2.50 earnings per share. Intuit’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.
Intuit Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio is currently 32.81%.
Insider Buying and Selling at Intuit
In related news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the sale, the director owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s 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 completion of the sale, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. This represents a 47.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 269,799 shares of company stock worth $176,627,160 over the last 90 days. Corporate insiders own 2.49% 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.
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