Ycg LLC Purchases 1,928 Shares of Intuit Inc. $INTU

Ycg LLC increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,986 shares of the software maker’s stock after purchasing an additional 1,928 shares during the period. Intuit accounts for 3.2% of Ycg LLC’s portfolio, making the stock its 14th largest holding. Ycg LLC’s holdings in Intuit were worth $43,014,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in INTU. Brighton Jones LLC grew 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 valued at $2,233,000 after acquiring an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit in the 1st quarter worth $785,564,000. Balefire LLC bought a new position in shares of Intuit during the 2nd quarter valued at about $288,000. Finally, Pallas Capital Advisors LLC grew its position in shares of Intuit by 281.7% during the second quarter. Pallas Capital Advisors LLC now owns 1,584 shares of the software maker’s stock valued at $1,248,000 after purchasing an additional 1,169 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on INTU. Truist Financial started coverage on Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of Intuit in a research note on Monday, January 12th. They set a “neutral” rating and a $720.00 price target on the stock. Evercore ISI reiterated an “outperform” rating and set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Cowen started coverage on shares of Intuit in a report on Wednesday, January 7th. They issued a “buy” rating on the stock. Finally, UBS Group set a $739.00 target price on shares of Intuit in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $794.62.

Intuit Stock Down 1.7%

Shares of INTU opened at $545.29 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $151.74 billion, a P/E ratio of 37.27, a P/E/G ratio of 2.27 and a beta of 1.25. The firm has a fifty day moving average price of $648.60 and a 200-day moving average price of $684.80. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70.

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

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were paid a dividend of $1.20 per share. The ex-dividend date was Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.9%. Intuit’s dividend payout ratio (DPR) is currently 32.81%.

Insider Transactions at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction dated 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 directly owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott D. Cook sold 1,402 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the transaction, the director owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 388,464 shares of company stock valued at $255,514,393. Insiders own 2.49% of the company’s stock.

Intuit Profile

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.