Arkadios Wealth Advisors Acquires 412 Shares of Intuit Inc. $INTU

Arkadios Wealth Advisors boosted its holdings in Intuit Inc. (NASDAQ:INTU) by 20.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,430 shares of the software maker’s stock after acquiring an additional 412 shares during the quarter. Arkadios Wealth Advisors’ holdings in Intuit were worth $1,914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in INTU. Brighton Jones LLC lifted its position in Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after acquiring an additional 482 shares in the last quarter. Wealth Group Ltd. bought a new position in Intuit in the 1st quarter valued at approximately $493,000. Allspring Global Investments Holdings LLC lifted its position in Intuit by 1.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 17,391 shares of the software maker’s stock valued at $10,674,000 after acquiring an additional 187 shares in the last quarter. Finally, Resonant Capital Advisors LLC lifted its position in Intuit by 13.8% in the 1st quarter. Resonant Capital Advisors LLC now owns 485 shares of the software maker’s stock valued at $298,000 after acquiring an additional 59 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Insider Transactions at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction 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 owned 1,295 shares in the company, valued at approximately $876,792.70. This represents a 47.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction 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 completion of the sale, the director owned 14,475 shares of the company’s stock, valued at $9,570,146.25. The trade was a 2.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,407 shares of company stock worth $1,614,913 in the last three months. Corporate insiders own 2.68% of the company’s stock.

Intuit Trading Up 1.7%

NASDAQ:INTU opened at $667.55 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a market capitalization of $186.11 billion, a price-to-earnings ratio of 48.58, a price-to-earnings-growth ratio of 2.53 and a beta of 1.25. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The business has a fifty day moving average price of $669.06 and a 200-day moving average price of $701.77.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data 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 firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.Intuit’s revenue was up 20.3% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were paid a $1.20 dividend. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date was Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is currently 34.93%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on INTU shares. BMO Capital Markets increased their price target on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $850.00 price target on shares of Intuit in a report on Tuesday, September 2nd. UBS Group lowered their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a report on Friday, August 22nd. JPMorgan Chase & Co. lowered their price target on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. One investment 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, Intuit presently has an average rating of “Moderate Buy” and a consensus price target 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.