Signature Estate & Investment Advisors LLC Has $611,000 Stock Position in Intuit Inc. $INTU

Signature Estate & Investment Advisors LLC raised its holdings in Intuit Inc. (NASDAQ:INTU) by 5.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 776 shares of the software maker’s stock after acquiring an additional 43 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Intuit were worth $611,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC increased its position in Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares during the period. Vista Cima Wealth Management LLC acquired a new position in Intuit in the 1st quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC increased its position in Intuit by 1,566.7% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after acquiring an additional 47 shares during the period. TD Capital Management LLC increased its position in Intuit by 511.1% in the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after acquiring an additional 46 shares during the period. Finally, Olde Wealth Management LLC acquired a new position in Intuit in the 1st quarter valued at approximately $37,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Scott D. Cook sold 529 shares of the stock in a transaction dated 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 sale, the director owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the sale, the director owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. This represents a 2.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,407 shares of company stock worth $1,614,913 over the last quarter. Insiders own 2.68% of the company’s stock.

Intuit Trading Up 0.5%

INTU opened at $664.77 on Tuesday. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. The company has a market cap of $185.34 billion, a P/E ratio of 48.38, a price-to-earnings-growth ratio of 2.55 and a beta of 1.25. The company has a fifty day moving average price of $674.70 and a two-hundred day moving average price of $696.51.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping 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 firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the company posted $1.99 earnings per share. The business’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. Analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were issued a $1.20 dividend. This is an increase from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Intuit’s dividend payout ratio is currently 34.93%.

Wall Street Analyst Weigh In

INTU has been the subject of several recent research reports. Morgan Stanley decreased their price target on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Citigroup reduced their price objective on shares of Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Oppenheimer upped their price objective on shares of Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Bank of America reduced their price objective on shares of Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

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.