Vise Technologies Inc. Makes New Investment in Intuit Inc. $INTU

Vise Technologies Inc. bought a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 6,391 shares of the software maker’s stock, valued at approximately $5,033,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Retirement Solution LLC bought a new stake in Intuit in the second quarter valued at $247,000. Alpha Cubed Investments LLC acquired a new position in shares of Intuit in the 2nd quarter valued at $284,000. Allworth Financial LP boosted its holdings in Intuit by 88.1% during the second quarter. Allworth Financial LP now owns 5,668 shares of the software maker’s stock worth $4,465,000 after buying an additional 2,654 shares during the last quarter. Addison Advisors LLC raised its holdings in Intuit by 29.2% in the second quarter. Addison Advisors LLC now owns 146 shares of the software maker’s stock worth $115,000 after purchasing an additional 33 shares during the period. Finally, Americana Partners LLC lifted its holdings in Intuit by 69.5% during the second quarter. Americana Partners LLC now owns 9,997 shares of the software maker’s stock worth $7,875,000 after acquiring an additional 4,099 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on INTU shares. Barclays cut their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. JPMorgan Chase & Co. lowered their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Finally, Citigroup cut 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 research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction 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 sale, the director directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,407 shares of company stock valued at $1,614,913 over the last three months. Corporate insiders own 2.68% of the company’s stock.

Intuit Stock Performance

NASDAQ INTU opened at $648.85 on Monday. The firm has a market cap of $180.90 billion, a price-to-earnings ratio of 47.22, a PEG ratio of 2.53 and a beta of 1.25. Intuit Inc. has a 12-month low of $532.65 and a 12-month 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. The company has a 50-day simple moving average of $668.65 and a two-hundred day simple moving average of $705.97.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. Intuit’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same period last year, the business 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, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

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