3,025 Shares in Intuit Inc. $INTU Acquired by MUFG Securities EMEA plc

MUFG Securities EMEA plc bought a new stake in shares of Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 3,025 shares of the software maker’s stock, valued at approximately $2,383,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of 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 period. Revolve Wealth Partners LLC raised its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the first quarter valued at approximately $785,564,000. Texas Yale Capital Corp. bought a new position in Intuit in the first quarter valued at approximately $239,000. Finally, Brio Consultants LLC acquired a new position in shares of Intuit in the first quarter valued at approximately $255,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, 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 completion of the sale, the director owned 14,475 shares in the company, valued at $9,570,146.25. The trade was a 2.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction 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 trade represents a 47.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,836 shares of company stock worth $1,235,203 over the last quarter. Corporate insiders own 2.68% of the company’s stock.

Intuit Price Performance

INTU stock opened at $648.07 on Wednesday. The company has a market capitalization of $180.69 billion, a P/E ratio of 47.17, a price-to-earnings-growth ratio of 2.53 and a beta of 1.25. The business has a 50-day simple moving average of $666.27 and a two-hundred day simple moving average of $707.77. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping the consensus estimate of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, January 9th. Intuit’s dividend payout ratio is presently 32.81%.

Analysts Set New Price Targets

INTU has been the topic of a number of research analyst reports. KeyCorp dropped their price objective on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Stifel Nicolaus decreased their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. BMO Capital Markets decreased their target price on Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a research report on Friday. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. One 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $798.13.

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.