Fielder Capital Group LLC Buys New Shares in Intuit Inc. $INTU

Fielder Capital Group LLC bought a new position in Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 311 shares of the software maker’s stock, valued at approximately $245,000.

A number of other institutional investors and hedge funds have also bought and sold shares of INTU. KMG Fiduciary Partners LLC boosted its stake in shares of Intuit by 1.8% in the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after acquiring an additional 14 shares during the period. Pinnacle Bancorp Inc. increased its holdings in shares of Intuit by 3.9% in the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock worth $296,000 after purchasing an additional 14 shares during the last quarter. Weaver Capital Management LLC lifted its position in shares of Intuit by 1.3% in the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock worth $888,000 after buying an additional 14 shares in the last quarter. Peloton Wealth Strategists boosted its stake in Intuit by 0.3% during the first quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock valued at $2,710,000 after buying an additional 15 shares during the last quarter. Finally, Moody Lynn & Lieberson LLC grew its holdings in Intuit by 0.9% during the 2nd quarter. Moody Lynn & Lieberson LLC now owns 1,672 shares of the software maker’s stock valued at $1,317,000 after buying an additional 15 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Intuit Price Performance

INTU opened at $683.09 on Friday. The company has a market capitalization of $190.45 billion, a price-to-earnings ratio of 49.72, a PEG ratio of 2.62 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The business’s fifty day simple moving average is $671.78 and its 200-day simple moving average is $697.98.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the business posted $1.99 EPS. The firm’s quarterly revenue was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were paid a $1.20 dividend. The ex-dividend date was Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is 34.93%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Bank of America reduced their price target on shares of Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. UBS Group decreased their target price on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research report on Friday, August 22nd. Oppenheimer lifted their price target on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Finally, Stifel Nicolaus decreased their price objective on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $791.82.

Insider Activity at Intuit

In other Intuit news, Director Scott D. Cook sold 529 shares of the firm’s 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 completion of the transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,170 shares of the business’s 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,407 shares of company stock worth $1,614,913 over the last quarter. 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.