Journey Strategic Wealth LLC Has $1.58 Million Stock Holdings in Intuit Inc. $INTU

Journey Strategic Wealth LLC increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 67.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,009 shares of the software maker’s stock after buying an additional 810 shares during the period. Journey Strategic Wealth LLC’s holdings in Intuit were worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Intuit during the first quarter worth approximately $882,031,000. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit during the 1st quarter worth approximately $785,564,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Intuit by 7.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after acquiring an additional 649,212 shares during the last quarter. Vanguard Group Inc. raised its stake in Intuit by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock valued at $21,823,625,000 after acquiring an additional 377,657 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Intuit by 6.8% during the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock valued at $3,472,266,000 after purchasing an additional 358,328 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on INTU shares. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Oppenheimer increased their price objective on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. dropped their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus dropped their price objective on shares of Intuit from $850.00 to $800.00 and set a “buy” 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 issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $799.35.

Insider Buying and Selling at Intuit

In related news, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the sale, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. The trade was a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. The trade was a 47.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,407 shares of company stock worth $1,614,913 over the last 90 days. Insiders own 2.68% of the company’s stock.

Intuit Stock Performance

Shares of Intuit stock opened at $637.44 on Friday. 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 $177.72 billion, a PE ratio of 46.39, a price-to-earnings-growth ratio of 2.53 and a beta of 1.25. The company has a 50 day moving average of $665.95 and a 200-day moving average of $706.58. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating the consensus estimate of $3.09 by $0.25. The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

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.