DecisionMap Wealth Management LLC Makes New Investment in Intuit Inc. $INTU

DecisionMap Wealth Management LLC acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 338 shares of the software maker’s stock, valued at approximately $266,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lafayette Investments Inc. raised its position in shares of Intuit by 8.2% during the second quarter. Lafayette Investments Inc. now owns 501 shares of the software maker’s stock worth $395,000 after purchasing an additional 38 shares during the period. LGT Financial Advisors LLC bought a new stake in Intuit during the 2nd quarter valued at $32,000. VCI Wealth Management LLC raised its holdings in Intuit by 9.3% during the second quarter. VCI Wealth Management LLC now owns 4,653 shares of the software maker’s stock worth $3,665,000 after buying an additional 395 shares during the last quarter. Klingman & Associates LLC bought a new position in shares of Intuit in the second quarter valued at $530,000. Finally, Avidian Wealth Enterprises LLC acquired a new position in shares of Intuit during the second quarter valued at about $382,000. Institutional investors own 83.66% of the company’s stock.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This trade represents a 47.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of the transaction, the director owned 14,475 shares in the company, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,407 shares of company stock valued at $1,614,913 in the last three months. Company insiders own 2.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their target price 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. CLSA started coverage on Intuit in a report on Thursday, June 26th. They set an “outperform” rating and a $900.00 price objective for the company. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. BMO Capital Markets upped their price target on Intuit from $820.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Finally, Stifel Nicolaus lowered their price target on Intuit from $850.00 to $800.00 and set a “buy” rating for the company 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 assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average target price of $791.82.

Intuit Stock Performance

Shares of Intuit stock opened at $664.77 on Tuesday. The business’s fifty day simple moving average is $674.70 and its 200 day simple moving average is $696.51. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 12 month low of $532.65 and a 12 month high of $813.70. The firm has a market capitalization of $185.34 billion, a P/E ratio of 48.38, a price-to-earnings-growth ratio of 2.55 and a beta of 1.25.

Intuit (NASDAQ:INTU) last announced its 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 firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business’s revenue was up 20.3% compared to the same quarter last year. During the same period 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, analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, October 9th were paid a $1.20 dividend. The ex-dividend date was Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s dividend payout ratio is presently 34.93%.

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.