F m Investments LLC Has $19.82 Million Stock Holdings in Intuit Inc. $INTU

F m Investments LLC lessened its stake in Intuit Inc. (NASDAQ:INTU) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,163 shares of the software maker’s stock after selling 212 shares during the quarter. Intuit makes up about 0.7% of F m Investments LLC’s holdings, making the stock its 23rd largest position. F m Investments LLC’s holdings in Intuit were worth $19,819,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in Intuit during the 2nd quarter worth $3,268,830,000. Virtue Capital Management LLC grew its position in Intuit by 3.2% in the 2nd quarter. Virtue Capital Management LLC now owns 2,343 shares of the software maker’s stock worth $1,845,000 after purchasing an additional 73 shares in the last quarter. Scotia Capital Inc. increased its stake in Intuit by 9.3% in the 2nd quarter. Scotia Capital Inc. now owns 5,410 shares of the software maker’s stock valued at $4,261,000 after buying an additional 460 shares during the last quarter. Level Four Advisory Services LLC increased its stake in Intuit by 5.2% in the 2nd quarter. Level Four Advisory Services LLC now owns 1,727 shares of the software maker’s stock valued at $1,361,000 after buying an additional 86 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its position in shares of Intuit by 1.0% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 267,021 shares of the software maker’s stock worth $210,314,000 after buying an additional 2,700 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on INTU shares. Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Citigroup dropped their target price 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. Stifel Nicolaus decreased their price target 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. Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Finally, Wolfe Research cut their price objective on shares of Intuit from $900.00 to $870.00 in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $798.20.

Intuit Stock Down 2.9%

INTU opened at $629.13 on Friday. Intuit Inc. has a 12 month low of $532.65 and a 12 month 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 business’s 50-day moving average price is $664.68 and its 200-day moving average price is $706.67. The company has a market cap of $175.15 billion, a P/E ratio of 45.79, a P/E/G ratio of 2.53 and a beta of 1.25.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.Intuit’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, equities analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The company also recently announced 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. This represents a $4.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s payout ratio is presently 32.81%.

Insiders Place Their Bets

In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction 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 sale, the chief financial officer owned 1,295 shares of the company’s stock, valued at $876,792.70. This represents a 47.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s 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 transaction, the director owned 14,475 shares in the company, valued at $9,570,146.25. The trade was a 2.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,836 shares of company stock valued at $1,235,203 over the last quarter. 2.68% of the stock is currently owned by company insiders.

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.