SS&H Financial Advisors Inc. Cuts Stock Position in Intuit Inc. $INTU

SS&H Financial Advisors Inc. cut its position in Intuit Inc. (NASDAQ:INTU) by 11.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,046 shares of the software maker’s stock after selling 137 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in Intuit were worth $824,000 at the end of the most recent reporting period.

A number of other institutional 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 acquiring an additional 19 shares in the last quarter. Vista Cima Wealth Management LLC acquired a new stake in Intuit in the first quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC grew its holdings in Intuit by 1,566.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after purchasing an additional 47 shares during the last quarter. LGT Financial Advisors LLC purchased a new position in Intuit in the second quarter worth $32,000. Finally, TD Capital Management LLC increased its position in shares of Intuit by 511.1% during the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock worth $34,000 after purchasing an additional 46 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Insider Transactions at Intuit

In related news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the transaction, the chief financial officer owned 1,295 shares of the company’s stock, valued at $876,792.70. This trade represents a 47.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction 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 transaction, the director owned 6,162,547 shares of the company’s stock, valued at $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,407 shares of company stock worth $1,614,913 over the last 90 days. 2.68% of the stock is currently owned by company insiders.

Intuit Stock Up 1.7%

Shares of INTU stock opened at $667.55 on Friday. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The firm has a market capitalization of $186.11 billion, a PE ratio of 48.58, a P/E/G ratio of 2.53 and a beta of 1.25. 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’s 50-day simple moving average is $669.06 and its 200-day simple moving average is $702.52.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating 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 firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the prior year, the firm earned $1.99 earnings per share. Intuit’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. Equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on INTU shares. Zacks Research cut Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Rothschild & Co Redburn raised their price target on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a report on Tuesday, September 2nd. Finally, Stifel Nicolaus decreased their price objective on shares of Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $791.82.

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.