Fullcircle Wealth LLC Purchases 194 Shares of Intuit Inc. $INTU

Fullcircle Wealth LLC grew its position in Intuit Inc. (NASDAQ:INTU) by 46.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 608 shares of the software maker’s stock after purchasing an additional 194 shares during the period. Fullcircle Wealth LLC’s holdings in Intuit were worth $477,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. KMG Fiduciary Partners LLC lifted its holdings in shares of Intuit by 1.8% in the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock valued at $607,000 after purchasing an additional 14 shares in the last quarter. Pinnacle Bancorp Inc. lifted its holdings in shares of Intuit by 3.9% in the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock valued at $296,000 after purchasing an additional 14 shares in the last quarter. Weaver Capital Management LLC lifted its holdings in shares of Intuit by 1.3% in the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock valued at $888,000 after purchasing an additional 14 shares in the last quarter. May Hill Capital LLC lifted its holdings in shares of Intuit by 4.2% in the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after purchasing an additional 14 shares in the last quarter. Finally, Peloton Wealth Strategists lifted its holdings in shares of Intuit by 0.3% in the first quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock valued at $2,710,000 after purchasing an additional 15 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Intuit Price Performance

Shares of NASDAQ INTU opened at $676.19 on Tuesday. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a market cap of $188.53 billion, a PE ratio of 49.21, a price-to-earnings-growth ratio of 2.53 and a beta of 1.25. The business’s 50 day moving average price is $669.45 and its two-hundred day moving average price is $703.96. 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 (NASDAQ:INTU) last announced its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion for 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%.The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were given a $1.20 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This is a boost from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is presently 34.93%.

Analysts Set New Price Targets

A number of analysts have recently commented on INTU shares. Bank of America cut their price target on Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Barclays lowered their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. JPMorgan Chase & Co. lowered their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Zacks Research downgraded Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Activity

In related news, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares in the company, valued at approximately $876,792.70. This represents a 47.46% 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, Director Scott D. Cook sold 529 shares of the company’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 transaction, the director owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,407 shares of company stock valued at $1,614,913. 2.68% of the stock is 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.