Sapient Capital LLC Has $16.39 Million Stock Holdings in Intuit Inc. $INTU

Sapient Capital LLC cut its stake in Intuit Inc. (NASDAQ:INTU) by 7.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,811 shares of the software maker’s stock after selling 1,620 shares during the quarter. Sapient Capital LLC’s holdings in Intuit were worth $16,392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Pallas Capital Advisors LLC boosted its holdings in Intuit by 281.7% in the second quarter. Pallas Capital Advisors LLC now owns 1,584 shares of the software maker’s stock worth $1,248,000 after purchasing an additional 1,169 shares in the last quarter. Baron Wealth Management LLC bought a new stake in Intuit in the second quarter worth $249,000. Aaron Wealth Advisors LLC boosted its holdings in Intuit by 96.5% in the second quarter. Aaron Wealth Advisors LLC now owns 2,075 shares of the software maker’s stock worth $1,634,000 after purchasing an additional 1,019 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Intuit in the second quarter worth $601,000. Finally, Balefire LLC bought a new stake in Intuit in the second quarter worth $288,000. 83.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Sandeep Aujla sold 2,591 shares of Intuit stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $782.22, for a total value of $2,026,732.02. Following the completion of the transaction, the chief financial officer owned 768 shares in the company, valued at approximately $600,744.96. The trade was a 77.14% 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 Intuit stock in a transaction that occurred on 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 of the company’s stock, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,879 shares of company stock valued at $7,558,613 in the last ninety days. 2.68% of the stock is owned by corporate insiders.

Intuit Stock Down 0.0%

Shares of INTU opened at $651.30 on Wednesday. The stock has a market cap of $181.58 billion, a price-to-earnings ratio of 47.40, a P/E/G ratio of 2.51 and a beta of 1.26. 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 company has a 50-day moving average price of $720.25 and a two-hundred day moving average price of $684.08.

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

Intuit Increases Dividend

The company 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 $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. Intuit’s dividend payout ratio is presently 30.28%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on INTU. JPMorgan Chase & Co. decreased their price objective on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Citigroup lowered their price target on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. BMO Capital Markets raised their price target on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a research report on Thursday, July 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price target on shares of Intuit in a research report on Tuesday, September 2nd. Finally, KeyCorp lowered their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $797.62.

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.