Chilton Capital Management LLC Boosts Position in Intuit Inc. $INTU

Chilton Capital Management LLC increased its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 11.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 845 shares of the software maker’s stock after purchasing an additional 87 shares during the quarter. Chilton Capital Management LLC’s holdings in Intuit were worth $666,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in INTU. Brighton Jones LLC lifted its stake in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the last quarter. Wealth Group Ltd. purchased a new stake in Intuit in the first quarter valued at approximately $493,000. 3Chopt Investment Partners LLC purchased a new stake in Intuit in the first quarter valued at approximately $360,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in Intuit by 1.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 17,391 shares of the software maker’s stock valued at $10,674,000 after buying an additional 187 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling

In related 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 transaction, the director 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,407 shares of company stock valued at $1,614,913 over the last quarter. Company insiders own 2.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on INTU shares. BMO Capital Markets boosted their price objective on Intuit from $820.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. reduced their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research note on Tuesday, September 2nd. Zacks Research cut Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, Bank of America reduced their price objective on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one 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 an average rating of “Moderate Buy” and a consensus price target of $791.82.

Intuit Price Performance

Intuit stock opened at $683.09 on Monday. Intuit Inc. has a 12 month low of $532.65 and a 12 month high of $813.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The business has a 50 day simple moving average of $671.78 and a 200-day simple moving average of $699.77. The stock has a market capitalization of $190.45 billion, a PE ratio of 49.72, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter in the prior year, the business earned $1.99 earnings per share. The company’s quarterly revenue was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were issued a dividend of $1.20 per share. This is a boost 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%. The ex-dividend date of this dividend was Thursday, October 9th. Intuit’s dividend payout ratio is currently 34.93%.

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.