Bryn Mawr Trust Advisors LLC Acquires 2,153 Shares of Intuit Inc. $INTU

Bryn Mawr Trust Advisors LLC raised its stake in shares of Intuit Inc. (NASDAQ:INTUFree Report) by 181.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,340 shares of the software maker’s stock after acquiring an additional 2,153 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Intuit were worth $2,281,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Intuit by 1.4% during the second quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock worth $21,823,625,000 after purchasing an additional 377,657 shares during the period. State Street Corp raised its position in shares of Intuit by 1.0% in the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock valued at $10,022,059,000 after purchasing an additional 125,990 shares during the period. Geode Capital Management LLC lifted its stake in shares of Intuit by 1.8% in the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after buying an additional 115,721 shares during the last quarter. Norges Bank bought a new stake in shares of Intuit during the 2nd quarter worth $3,268,830,000. Finally, Invesco Ltd. grew its stake in Intuit by 13.2% in the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock valued at $2,745,492,000 after buying an additional 407,078 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

Shares of INTU stock opened at $498.92 on Friday. Intuit Inc. has a 12 month low of $491.72 and a 12 month high of $813.70. The company has a market capitalization of $138.83 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.05 and a beta of 1.25. The stock has a 50 day moving average of $625.24 and a two-hundred day moving average of $667.99. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTUGet Free Report) last issued its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.Intuit’s revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Insider Buying and Selling at Intuit

In other Intuit news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. This represents a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock valued at $255,514,393 in the last 90 days. Insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. KeyCorp cut their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Independent Research set a $875.00 price objective on Intuit in a research note on Tuesday, November 18th. Evercore ISI reissued an “outperform” rating and set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Wells Fargo & Company restated an “equal weight” rating and set a $700.00 target price (down previously from $840.00) on shares of Intuit in a research note on Thursday, January 8th. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $791.73.

Read Our Latest Stock Analysis on INTU

Intuit Company Profile

(Free Report)

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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