Portside Wealth Group LLC Has $631,000 Holdings in Intuit Inc. $INTU

Portside Wealth Group LLC raised its position in Intuit Inc. (NASDAQ:INTU) by 12.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 801 shares of the software maker’s stock after purchasing an additional 90 shares during the period. Portside Wealth Group LLC’s holdings in Intuit were worth $631,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of INTU. Tortoise Investment Management LLC boosted its position in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the last quarter. Westside Investment Management Inc. raised its position in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares in the last quarter. Dogwood Wealth Management LLC lifted its stake in shares of 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 purchasing an additional 19 shares during the period. True Wealth Design LLC boosted its position in shares of Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after purchasing an additional 27 shares in the last quarter. Finally, Vista Cima Wealth Management LLC acquired a new stake in Intuit during the first quarter worth approximately $31,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Intuit

In other news, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the sale, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the firm’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 transaction, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,407 shares of company stock valued at $1,614,913. 2.68% of the stock is owned by insiders.

Intuit Trading Up 0.6%

INTU opened at $649.73 on Wednesday. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The firm has a market capitalization of $181.15 billion, a PE ratio of 47.29, a P/E/G ratio of 2.53 and a beta of 1.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The company’s 50-day moving average is $666.53 and its 200 day moving average is $707.46.

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

Analyst Upgrades and Downgrades

INTU has been the topic of a number of research analyst reports. Evercore ISI restated an “outperform” rating and set a $875.00 price target on shares of Intuit in a report on Tuesday. Barclays cut their target price on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. JPMorgan Chase & Co. decreased their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Rothschild & Co Redburn increased their price objective on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Finally, Morgan Stanley reduced their target price on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $795.91.

About Intuit

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.