Citizens National Bank Trust Department Has $1.87 Million Stock Holdings in Intuit Inc. $INTU

Citizens National Bank Trust Department trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,377 shares of the software maker’s stock after selling 64 shares during the period. Citizens National Bank Trust Department’s holdings in Intuit were worth $1,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Intuit in the 1st quarter worth $92,000. Wealth Group Ltd. bought a new stake in Intuit in the 1st quarter worth about $493,000. Finally, NewSquare Capital LLC grew its holdings in shares of Intuit by 209.3% in the first quarter. NewSquare Capital LLC now owns 133 shares of the software maker’s stock valued at $82,000 after acquiring an additional 90 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

Shares of Intuit stock opened at $657.99 on Wednesday. The business has a 50 day moving average of $695.41 and a 200 day moving average of $692.97. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company has a market cap of $183.45 billion, a PE ratio of 47.89, a P/E/G ratio of 2.59 and a beta of 1.25. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating 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 business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter in the previous year, the business posted $1.99 earnings per share. The firm’s revenue for the quarter was up 20.3% compared to the same quarter last year. 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, equities research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 0.7%. This is a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is 30.28%.

Wall Street Analysts Forecast Growth

INTU has been the topic of several research reports. Wall Street Zen lowered shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday. KeyCorp cut their target price on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price target on shares of Intuit in a research report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Saturday, September 27th. Finally, Stifel Nicolaus dropped their price target on shares of Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a research report 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 given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.

Insiders Place Their Bets

In other news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction that occurred on 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 owned 1,295 shares in the company, valued at $876,792.70. This trade represents a 47.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the sale, the director owned 14,475 shares in the company, valued at $9,570,146.25. This represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,740 shares of company stock worth $1,870,800 over the last three months. Company 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.