Autumn Glory Partners LLC Makes New Investment in Intuit Inc. $INTU

Autumn Glory Partners LLC acquired a new position in Intuit Inc. (NASDAQ:INTU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 304 shares of the software maker’s stock, valued at approximately $239,000.

Other large investors also recently modified their holdings of the company. Invesco Ltd. increased its position in shares of Intuit by 1.2% during the first quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker’s stock valued at $1,890,282,000 after purchasing an additional 36,513 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Intuit by 4.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,841,590 shares of the software maker’s stock valued at $1,130,718,000 after buying an additional 82,419 shares during the period. Vident Advisory LLC raised its stake in shares of Intuit by 22.1% in the 1st quarter. Vident Advisory LLC now owns 46,940 shares of the software maker’s stock valued at $28,821,000 after buying an additional 8,510 shares in the last quarter. Circle Wealth Management LLC lifted its holdings in shares of Intuit by 33.4% during the 1st quarter. Circle Wealth Management LLC now owns 3,451 shares of the software maker’s stock worth $2,119,000 after acquiring an additional 865 shares during the period. Finally, Pinnacle Financial Partners Inc boosted its position in shares of Intuit by 3.6% during the 1st quarter. Pinnacle Financial Partners Inc now owns 17,789 shares of the software maker’s stock valued at $10,922,000 after acquiring an additional 623 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price target on shares of Intuit in a research note on Tuesday, September 2nd. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a research note on Saturday. Rothschild & Co Redburn raised their price objective on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Barclays cut their target price on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Finally, UBS Group dropped their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $791.82.

Intuit Stock Down 0.3%

INTU stock opened at $679.94 on Monday. The company has a market cap of $189.57 billion, a price-to-earnings ratio of 49.49, a P/E/G ratio of 2.62 and a beta of 1.25. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average price of $700.95 and a two-hundred day moving average price of $692.75. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter last year, the firm 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. Analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio is presently 34.93%.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction dated 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 approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sandeep Aujla sold 42 shares of Intuit stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $27,929.58. Following the sale, the chief financial officer directly owned 831 shares of the company’s stock, valued at $552,606.69. The trade was a 4.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,785 shares of company stock valued at $2,029,299 over the last 90 days. 2.68% of the stock is owned by insiders.

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.