Intuit Inc. $INTU Stake Lowered by Flossbach Von Storch SE

Flossbach Von Storch SE decreased its stake in Intuit Inc. (NASDAQ:INTU) by 9.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,840 shares of the software maker’s stock after selling 1,482 shares during the period. Flossbach Von Storch SE’s holdings in Intuit were worth $9,451,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in INTU. Tortoise Investment Management LLC increased its holdings in shares of Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares during the period. Westside Investment Management Inc. increased its stake in shares of Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after purchasing an additional 21 shares during the period. Dogwood Wealth Management LLC raised its holdings in shares of Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares during the last quarter. Sagard Holdings Management Inc. acquired a new position in shares of Intuit during the second quarter worth approximately $28,000. Finally, True Wealth Design LLC boosted its position in shares of Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the firm’s 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 completion of the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. This trade represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 388,464 shares of company stock worth $255,514,393 over the last three months. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on INTU shares. Truist Financial started coverage on Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target for the company. Daiwa Capital Markets upped their price objective on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of Intuit in a research note on Wednesday. KeyCorp reduced their price target on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Finally, The Goldman Sachs Group assumed coverage on shares of Intuit in a research note on Monday, January 12th. They set a “neutral” rating and a $720.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $791.73.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $538.70 on Thursday. The company has a market capitalization of $149.90 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a fifty day moving average of $631.22 and a 200-day moving average of $671.47. Intuit Inc. has a one year low of $520.69 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period in the previous year, the firm earned $2.50 earnings per share. Intuit’s revenue for the quarter was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

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

About Intuit

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.