Vigilare Wealth Management Grows Position in Intuit Inc. $INTU

Vigilare Wealth Management boosted its position in Intuit Inc. (NASDAQ:INTU) by 13.2% in the 2nd quarter, Holdings Channel reports. The firm owned 616 shares of the software maker’s stock after acquiring an additional 72 shares during the quarter. Vigilare Wealth Management’s holdings in Intuit were worth $485,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Fiduciary Alliance LLC increased its position in shares of Intuit by 187.4% during the 1st quarter. Fiduciary Alliance LLC now owns 1,555 shares of the software maker’s stock worth $955,000 after purchasing an additional 1,014 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Intuit during the 1st quarter worth about $92,000. Finally, LVW Advisors LLC increased its position in shares of Intuit by 56.2% during the 1st quarter. LVW Advisors LLC now owns 692 shares of the software maker’s stock worth $425,000 after purchasing an additional 249 shares during the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Price Performance

INTU stock opened at $682.91 on Wednesday. The business has a 50 day moving average price of $706.99 and a 200 day moving average price of $690.46. The stock 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 fifty-two week low of $532.65 and a fifty-two week high of $813.70. 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 (NASDAQ:INTU) last posted its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 22.72% and a net margin of 20.55%.The firm’s revenue was up 20.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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 research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 0.7%. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Thursday, October 9th. Intuit’s dividend payout ratio is presently 30.28%.

Insider Transactions at Intuit

In other Intuit news, CFO Sandeep Aujla sold 2,591 shares of Intuit stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $782.22, for a total transaction of $2,026,732.02. Following the transaction, the chief financial officer owned 768 shares of the company’s stock, valued at $600,744.96. The trade was a 77.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $768.43, for a total value of $255,887.19. Following the transaction, the director directly owned 15,474 shares in the company, valued at approximately $11,890,685.82. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,376 shares of company stock worth $4,056,031. 2.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

INTU has been the subject of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 target price on shares of Intuit in a report on Tuesday, September 2nd. UBS Group lowered their target price on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. KeyCorp decreased their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Rothschild & Co Redburn lifted their price objective on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Finally, Wells Fargo & Company set a $880.00 price objective on Intuit and gave the company an “overweight” rating in a research note on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

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.