Warren Street Wealth Advisors LLC Acquires 41 Shares of Intuit Inc. $INTU

Warren Street Wealth Advisors LLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 9.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 492 shares of the software maker’s stock after purchasing an additional 41 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Intuit were worth $388,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in shares of Intuit by 61.3% in 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 during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after acquiring an additional 482 shares during the last quarter. NBC Securities Inc. bought a new position in shares of Intuit in the first quarter valued at approximately $92,000. Merit Financial Group LLC raised its stake in shares of Intuit by 39.1% in the first quarter. Merit Financial Group LLC now owns 5,562 shares of the software maker’s stock valued at $3,415,000 after acquiring an additional 1,563 shares during the last quarter. Finally, Fulton Bank N.A. raised its stake in shares of Intuit by 9.5% in the first quarter. Fulton Bank N.A. now owns 2,446 shares of the software maker’s stock valued at $1,502,000 after acquiring an additional 213 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on INTU. KeyCorp lowered their price target on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Rothschild & Co Redburn raised their price target on shares of Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Barclays lowered their price target on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Citigroup lowered their price target on shares of Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus target price of $791.82.

Insider Activity

In other news, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the transaction, the director owned 6,162,547 shares of the company’s stock, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alex G. Balazs sold 882 shares of the business’s stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $781.63, for a total transaction of $689,397.66. The disclosure for this sale can be found here. Insiders sold 2,785 shares of company stock worth $2,029,299 over the last quarter. Corporate insiders own 2.68% of the company’s stock.

Intuit Price Performance

Shares of INTU stock opened at $679.50 on Thursday. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The firm has a market capitalization of $189.44 billion, a price-to-earnings ratio of 49.45, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25. 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 firm has a fifty day moving average of $705.06 and a 200-day moving average of $690.39.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the previous year, the business earned $1.99 EPS. The firm’s revenue was up 20.3% on a year-over-year basis. 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 research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be issued a $1.20 dividend. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is presently 30.28%.

Intuit Company 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.