Gallagher Capital Advisors LLC Acquires Shares of 2,456 Intuit Inc. $INTU

Gallagher Capital Advisors LLC bought a new stake in Intuit Inc. (NASDAQ:INTU) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,456 shares of the software maker’s stock, valued at approximately $1,677,000. Intuit accounts for approximately 1.0% of Gallagher Capital Advisors LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Tortoise Investment Management LLC lifted its holdings in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the last quarter. Westside Investment Management Inc. raised its position in shares of Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after purchasing an additional 21 shares during the period. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit during the 2nd quarter valued at approximately $28,000. True Wealth Design LLC boosted its holdings in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares during the period. Finally, LGT Financial Advisors LLC purchased a new position in Intuit in the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This trade represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 388,464 shares of company stock valued at $255,514,393. 2.49% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on INTU shares. Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday. Wells Fargo & Company reiterated an “equal weight” rating and set a $700.00 price target (down from $840.00) on shares of Intuit in a research report on Thursday, January 8th. The Goldman Sachs Group initiated coverage on shares of Intuit in a report on Monday, January 12th. They issued a “neutral” rating and a $720.00 price target on the stock. Independent Research set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Finally, Evercore reaffirmed an “outperform” rating and set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. Twenty-two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $779.58.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $437.50 on Tuesday. The company’s fifty day moving average price is $602.40 and its 200-day moving average price is $653.94. The firm has a market capitalization of $121.74 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 1.81 and a beta of 1.24. Intuit Inc. has a one year low of $411.11 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The company had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm’s revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, equities research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is currently 32.81%.

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.