Thompson Davis & CO. Inc. Purchases Shares of 254 Intuit Inc. $INTU

Thompson Davis & CO. Inc. acquired a new stake in Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 254 shares of the software maker’s stock, valued at approximately $200,000.

Other institutional investors have also recently made changes to their positions in the company. KMG Fiduciary Partners LLC boosted its stake in Intuit by 1.8% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after purchasing an additional 14 shares during the period. Pinnacle Bancorp Inc. raised its position in shares of Intuit by 3.9% during the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock valued at $296,000 after buying an additional 14 shares during 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 worth $888,000 after buying an additional 14 shares in the last quarter. May Hill Capital LLC boosted its position in shares of Intuit by 4.2% during the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock worth $272,000 after acquiring an additional 14 shares during the last quarter. Finally, Peloton Wealth Strategists increased its holdings in Intuit by 0.3% in the 1st quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock valued at $2,710,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. KeyCorp dropped their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Stifel Nicolaus cut their price target on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. JPMorgan Chase & Co. decreased their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Finally, Morgan Stanley lowered their target price on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

Intuit Price Performance

NASDAQ:INTU opened at $650.11 on Friday. The firm has a market capitalization of $181.25 billion, a price-to-earnings ratio of 47.32, a PEG ratio of 2.53 and a beta of 1.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The business has a 50 day simple moving average of $667.67 and a 200-day simple moving average of $705.73. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The firm had revenue of $3.83 billion for 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%.The company’s revenue for the quarter was up 20.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The company also recently announced 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 a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date was Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is 34.93%.

Insider Buying and Selling

In other Intuit news, Director Scott D. Cook sold 529 shares of the business’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 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. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $876,792.70. The trade was a 47.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,407 shares of company stock valued at $1,614,913. 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.