Intuit Inc. $INTU Holdings Decreased by RHS Financial LLC

RHS Financial LLC lowered its stake in shares of Intuit Inc. (NASDAQ:INTU) by 21.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 278 shares of the software maker’s stock after selling 75 shares during the quarter. RHS Financial LLC’s holdings in Intuit were worth $219,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in INTU. Dogwood Wealth Management LLC boosted its position in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares during the period. Vista Cima Wealth Management LLC acquired a new position in Intuit during the 1st quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC boosted its position in Intuit by 1,566.7% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after purchasing an additional 47 shares during the period. TD Capital Management LLC boosted its position in Intuit by 511.1% during the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after purchasing an additional 46 shares during the period. Finally, Olde Wealth Management LLC acquired a new position in Intuit during the 1st quarter valued at approximately $37,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Down 0.5%

Shares of INTU stock opened at $641.79 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The stock has a fifty day moving average of $686.93 and a two-hundred day moving average of $694.20. The firm has a market capitalization of $178.93 billion, a PE ratio of 46.71, a price-to-earnings-growth ratio of 2.48 and a beta of 1.25.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.99 EPS. 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, research analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

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

Wall Street Analyst Weigh In

INTU has been the subject of a number of analyst reports. Bank of America reduced their price objective on Intuit from $875.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Stifel Nicolaus reduced their price objective on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Oppenheimer boosted their price objective on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Finally, Zacks Research lowered Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the sale, the director 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 disclosure for this sale can be found here. Insiders sold a total of 2,407 shares of company stock worth $1,614,913 over the last 90 days. 2.68% of the stock is currently owned by company insiders.

Intuit Company 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.