Schnieders Capital Management LLC Grows Holdings in Intuit Inc. $INTU

Schnieders Capital Management LLC grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 44.0% in the second quarter, Holdings Channel reports. The institutional investor owned 537 shares of the software maker’s stock after buying an additional 164 shares during the period. Schnieders Capital Management LLC’s holdings in Intuit were worth $423,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its position in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares during the last quarter. RMG Wealth Management LLC purchased a new position in Intuit during the 2nd quarter worth $37,000. CBIZ Investment Advisory Services LLC raised its position in Intuit by 1,566.7% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after buying an additional 47 shares during the last quarter. TD Capital Management LLC raised its position in Intuit by 511.1% during the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock worth $34,000 after buying an additional 46 shares during the last quarter. Finally, Olde Wealth Management LLC purchased a new position in Intuit during the 1st quarter worth $37,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on INTU. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Rothschild & Co Redburn upped their price target on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. lowered their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. CLSA began coverage on shares of Intuit in a research note on Thursday, June 26th. They set an “outperform” rating and a $900.00 price target on the stock. Finally, KeyCorp lowered their price target on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $791.82.

Intuit Price Performance

Shares of NASDAQ INTU opened at $661.39 on Monday. The stock has a market cap of $184.40 billion, a price-to-earnings ratio of 48.14, a PEG ratio of 2.55 and a beta of 1.25. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company’s 50-day moving average price is $675.52 and its 200 day moving average price is $695.79. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The firm’s revenue was up 20.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio is currently 34.93%.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the sale, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. This represents a 47.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the transaction, the director owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,407 shares of company stock valued at $1,614,913. Insiders own 2.68% of the company’s stock.

Intuit 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.