Cooper Financial Group Has $1.39 Million Stake in Intuit Inc. $INTU

Cooper Financial Group trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 13.0% in the second quarter, HoldingsChannel reports. The firm owned 1,761 shares of the software maker’s stock after selling 264 shares during the period. Cooper Financial Group’s holdings in Intuit were worth $1,387,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of INTU. Vista Cima Wealth Management LLC acquired a new stake in Intuit during the 1st quarter valued at $31,000. CBIZ Investment Advisory Services LLC increased its holdings in Intuit by 1,566.7% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after purchasing an additional 47 shares in the last quarter. TD Capital Management LLC increased its holdings in Intuit by 511.1% during the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after purchasing an additional 46 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in Intuit during the 1st quarter valued at $37,000. Finally, Banque Transatlantique SA acquired a new stake in Intuit during the 1st quarter valued at $37,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Down 1.7%

Shares of Intuit stock opened at $682.91 on Wednesday. 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 Inc. has a 12 month low of $532.65 and a 12 month high of $813.70. The business has a fifty day simple moving average of $706.99 and a 200 day simple moving average of $690.46. The stock has a market cap of $190.40 billion, a PE ratio of 49.70, a price-to-earnings-growth ratio of 2.68 and a beta of 1.26.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the previous year, the firm earned $1.99 earnings per share. The firm’s quarterly 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. Research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s payout ratio is presently 30.28%.

Wall Street Analysts Forecast Growth

INTU has been the subject of several research reports. Rothschild & Co Redburn lifted their target price on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Bank of America lowered their target price on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Barclays lowered their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. BMO Capital Markets lifted their target price on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 10th. Finally, UBS Group lowered their target price on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $791.82.

Insider Buying and Selling

In other Intuit news, 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 transaction, the chief financial officer directly owned 831 shares in the company, valued at approximately $552,606.69. The trade was a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Alex G. Balazs sold 882 shares of Intuit stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $781.63, for a total value of $689,397.66. The disclosure for this sale can be found here. Insiders sold 5,376 shares of company stock valued at $4,056,031 in the last three months. 2.68% of the stock is currently owned by company insiders.

About Intuit

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.