Abel Hall LLC Has $348,000 Holdings in Intuit Inc. $INTU

Abel Hall LLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 14.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 442 shares of the software maker’s stock after buying an additional 57 shares during the quarter. Abel Hall LLC’s holdings in Intuit were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of INTU. Dogwood Wealth Management LLC increased its position in Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares during the last quarter. Vista Cima Wealth Management LLC acquired a new position in Intuit during the first quarter worth approximately $31,000. CBIZ Investment Advisory Services LLC increased its position in Intuit by 1,566.7% during the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after buying an additional 47 shares during the last quarter. TD Capital Management LLC increased 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 during the last quarter. Finally, Olde Wealth Management LLC acquired a new position in shares of Intuit in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Down 1.8%

Shares of INTU stock opened at $657.99 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. The stock has a market cap of $183.45 billion, a P/E ratio of 47.89, a price-to-earnings-growth ratio of 2.59 and a beta of 1.25. The stock has a 50 day simple moving average of $695.41 and a 200 day simple moving average of $692.97. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last issued 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 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 for the quarter was up 20.3% compared to the same quarter last year. During the same period in the previous year, the company posted $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. On average, research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. Intuit’s dividend payout ratio is presently 30.28%.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the sale, the director directly owned 14,475 shares in the company, valued at $9,570,146.25. This represents a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the sale, the director 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,740 shares of company stock worth $1,870,800. Company insiders own 2.68% of the company’s stock.

Analysts Set New Price Targets

INTU has been the topic of several research reports. Stifel Nicolaus decreased their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 target price on shares of Intuit in a research report on Tuesday, September 2nd. Oppenheimer upped their target price on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Citigroup decreased their target price on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.