Intuit Inc. $INTU Shares Sold by DSM Capital Partners LLC

DSM Capital Partners LLC trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 455,875 shares of the software maker’s stock after selling 22,559 shares during the period. Intuit comprises 5.3% of DSM Capital Partners LLC’s investment portfolio, making the stock its 7th biggest holding. DSM Capital Partners LLC owned approximately 0.16% of Intuit worth $359,061,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Dogwood Wealth Management LLC raised its stake in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares in the last quarter. Vista Cima Wealth Management LLC purchased a new position in Intuit in the 1st quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC increased its stake in Intuit by 1,566.7% in 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 stake in Intuit by 511.1% in 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. Finally, Olde Wealth Management LLC purchased a new position in Intuit in the 1st quarter valued at approximately $37,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,170 shares of Intuit 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 of the company’s stock, valued at $876,792.70. The trade was a 47.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of the sale, the director directly owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. This represents a 2.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,407 shares of company stock valued at $1,614,913 over the last quarter. Company insiders own 2.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INTU. Rothschild & Co Redburn raised their price objective on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research note on Tuesday, September 2nd. KeyCorp dropped their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Bank of America dropped their price objective on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Finally, Morgan Stanley dropped their price objective on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

Intuit Stock Performance

Intuit stock opened at $641.79 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a fifty day moving average of $686.93 and a two-hundred day moving average of $693.10. The company has a market capitalization of $178.93 billion, a price-to-earnings ratio of 46.71, a PEG ratio of 2.49 and a beta of 1.25. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 22.72% and a net margin of 20.55%.Intuit’s revenue was up 20.3% compared to the same quarter last year. During the same quarter last year, the business posted $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 anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a $1.20 dividend. This is an increase 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%. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is presently 34.93%.

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.