Game Creek Capital LP Makes New Investment in Intuit Inc. $INTU

Game Creek Capital LP purchased a new position in shares of Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,300 shares of the software maker’s stock, valued at approximately $2,599,000. Intuit makes up 1.1% of Game Creek Capital LP’s portfolio, making the stock its 29th biggest position.

A number of other institutional investors have also made changes to their positions in the business. Tortoise Investment Management LLC grew its position in Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its position in Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after buying an additional 21 shares in the last quarter. Dogwood Wealth Management LLC boosted its stake in shares of 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. Sagard Holdings Management Inc. bought a new position in shares of Intuit in the 2nd quarter valued at about $28,000. Finally, True Wealth Design LLC increased its position in shares of Intuit by 270.0% in the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In other news, Director Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $658.84, for a total value of $49,413,000.00. Following the sale, the director directly owned 5,893,679 shares in the company, valued at approximately $3,882,991,472.36. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 269,799 shares of company stock worth $176,627,160 over the last 90 days. Insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on INTU shares. Wells Fargo & Company reduced their price target on Intuit from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Friday, November 21st. BMO Capital Markets decreased their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Bank of America decreased their price objective on shares of Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and a consensus target price of $798.20.

Intuit Price Performance

Shares of Intuit stock opened at $670.92 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $186.70 billion, a price-to-earnings ratio of 45.86, a price-to-earnings-growth ratio of 2.77 and a beta of 1.27. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a 50-day simple moving average of $656.94 and a two-hundred day simple moving average of $705.25.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The business had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio (DPR) is 32.81%.

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.