Intuit Inc. $INTU Stock Holdings Raised by Ninety One UK Ltd

Ninety One UK Ltd increased its stake in shares of Intuit Inc. (NASDAQ:INTU) by 3.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,458,792 shares of the software maker’s stock after acquiring an additional 51,110 shares during the period. Intuit makes up approximately 2.7% of Ninety One UK Ltd’s holdings, making the stock its 8th largest holding. Ninety One UK Ltd owned about 0.52% of Intuit worth $1,148,988,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Florida Financial Advisors LLC grew its holdings in Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after purchasing an additional 51 shares in the last quarter. Childress Capital Advisors LLC boosted its position in Intuit by 16.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 1,352 shares of the software maker’s stock valued at $1,065,000 after buying an additional 189 shares during the last quarter. Citrine Capital LLC acquired a new stake in shares of Intuit during the second quarter valued at about $291,000. Mitsubishi UFJ Asset Management UK Ltd. increased its position in shares of Intuit by 61.1% during the second quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 5,800 shares of the software maker’s stock worth $4,568,000 after acquiring an additional 2,200 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of Intuit by 1.2% during the second quarter. Truist Financial Corp now owns 91,539 shares of the software maker’s stock worth $72,099,000 after acquiring an additional 1,074 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Down 1.7%

INTU stock opened at $682.91 on Wednesday. The firm has a market cap of $190.40 billion, a price-to-earnings ratio of 49.70, a PEG ratio of 2.68 and a beta of 1.26. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The firm has a fifty day moving average price of $706.99 and a two-hundred day moving average price of $690.46. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period last year, the firm posted $1.99 EPS. The company’s revenue for the quarter was up 20.3% on a year-over-year basis. 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 declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. Intuit’s payout ratio is currently 30.28%.

Analysts Set New Price Targets

INTU has been the subject of a number of recent analyst reports. Barclays lowered their price objective on Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Rothschild & Co Redburn raised their price target on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price target on shares of Intuit in a report on Tuesday, September 2nd. Oppenheimer increased their price objective on shares of Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Citigroup dropped their target price on shares of Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Buying and Selling

In related news, CFO Sandeep Aujla sold 42 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $27,929.58. Following the sale, the chief financial officer owned 831 shares of the company’s stock, valued at approximately $552,606.69. This trade represents a 4.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the transaction, the director owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,376 shares of company stock valued at $4,056,031 over the last quarter. Company insiders own 2.68% of the company’s stock.

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.