University of Texas Texas AM Investment Management Co. Makes New Investment in Intuit Inc. $INTU

University of Texas Texas AM Investment Management Co. purchased a new stake in Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 611 shares of the software maker’s stock, valued at approximately $481,000.

A number of other institutional investors have also added to or reduced their stakes in INTU. Dogwood Wealth Management LLC increased its position in shares of Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares during the period. Vista Cima Wealth Management LLC bought a new position in Intuit in the 1st quarter valued at $31,000. CBIZ Investment Advisory Services LLC grew its position in shares of Intuit by 1,566.7% during 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. LGT Financial Advisors LLC purchased a new stake in shares of Intuit in the second quarter worth $32,000. Finally, TD Capital Management LLC grew its position in 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 buying an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

INTU stock opened at $683.09 on Friday. The firm has a market cap of $190.45 billion, a P/E ratio of 49.72, a P/E/G ratio of 2.64 and a beta of 1.25. The firm’s fifty day moving average is $671.78 and its 200 day moving average is $699.05. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current 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, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period in the prior year, the business posted $1.99 earnings per share. The company’s revenue 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 earnings per share for the current year.

Intuit Increases Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on INTU shares. Rothschild & Co Redburn boosted their price objective on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Morgan Stanley dropped their target price on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. UBS Group decreased their price target on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a report on Friday, August 22nd. JPMorgan Chase & Co. dropped 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. Finally, KeyCorp reduced their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and an average price target of $791.82.

Insider Transactions at Intuit

In related news, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares of the company’s stock, 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 through this link. Also, CFO Sandeep Aujla sold 1,170 shares of the company’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 sale, the chief financial officer owned 1,295 shares of the company’s stock, valued at $876,792.70. This represents a 47.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,407 shares of company stock worth $1,614,913. Insiders own 2.68% of the company’s stock.

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.