Roberts Wealth Advisors LLC Sells 85 Shares of Intuit Inc. $INTU

Roberts Wealth Advisors LLC decreased its stake in Intuit Inc. (NASDAQ:INTU) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,655 shares of the software maker’s stock after selling 85 shares during the period. Intuit accounts for about 1.3% of Roberts Wealth Advisors LLC’s holdings, making the stock its 27th biggest holding. Roberts Wealth Advisors LLC’s holdings in Intuit were worth $4,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Intuit by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 27,330,309 shares of the software maker’s stock valued at $16,780,536,000 after purchasing an additional 294,993 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Intuit by 7.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock valued at $5,537,435,000 after purchasing an additional 649,212 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Intuit by 6.8% during the first quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock worth $3,472,266,000 after buying an additional 358,328 shares during the period. Brown Advisory Inc. increased its position in shares of Intuit by 7.9% during the first quarter. Brown Advisory Inc. now owns 3,444,600 shares of the software maker’s stock worth $2,114,950,000 after buying an additional 252,265 shares during the period. Finally, Invesco Ltd. raised its stake in Intuit by 1.2% during the first quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker’s stock worth $1,890,282,000 after buying an additional 36,513 shares during the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Down 1.4%

NASDAQ INTU opened at $670.09 on Tuesday. 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 52 week low of $532.65 and a 52 week high of $813.70. The business has a 50 day moving average price of $698.38 and a 200-day moving average price of $693.21. The company has a market cap of $186.82 billion, a price-to-earnings ratio of 48.77, a P/E/G ratio of 2.62 and a beta of 1.25.

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. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. Intuit’s revenue was up 20.3% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, October 9th. 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. Intuit’s dividend payout ratio (DPR) is currently 30.28%.

Insider Buying and Selling

In related news, CFO Sandeep Aujla sold 42 shares of the firm’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $27,929.58. Following the transaction, the chief financial officer owned 831 shares of the company’s stock, valued at approximately $552,606.69. This trade represents a 4.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the sale, the director directly owned 14,475 shares of the company’s stock, valued at $9,570,146.25. This represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,570 shares of company stock worth $1,078,640 in the last quarter. Insiders own 2.68% of the company’s stock.

Analyst Ratings Changes

INTU has been the subject of a number of recent analyst reports. KeyCorp decreased their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Oppenheimer raised their target price on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. Zacks Research downgraded Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Rothschild & Co Redburn increased 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. Finally, Stifel Nicolaus reduced 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 equities research 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

Intuit 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.