Universal Beteiligungs und Servicegesellschaft mbH increased its position in Intuit Inc. (NASDAQ:INTU – Free Report) by 12.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 433,488 shares of the software maker’s stock after purchasing an additional 47,916 shares during the period. Intuit accounts for about 0.6% of Universal Beteiligungs und Servicegesellschaft mbH’s investment portfolio, making the stock its 20th biggest holding. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Intuit were worth $341,428,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Intuit during the 1st quarter valued at approximately $882,031,000. Nicholas Hoffman & Company LLC. bought a new stake in Intuit during the first quarter valued at $785,564,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Intuit by 7.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after purchasing an additional 649,212 shares during the period. Wellington Management Group LLP lifted its position in shares of Intuit by 6.8% in the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock worth $3,472,266,000 after buying an additional 358,328 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Intuit by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 27,330,309 shares of the software maker’s stock valued at $16,780,536,000 after buying an additional 294,993 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.
Wall Street Analyst Weigh In
INTU has been the topic of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. Citigroup cut their price target on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Barclays lowered their price objective on Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Stifel Nicolaus cut their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Finally, Bank of America lowered their price target 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. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $791.82.
Insider Buying and Selling at Intuit
In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the transaction, the director directly owned 14,475 shares in the company, valued at approximately $9,570,146.25. This trade represents a 2.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the sale, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,407 shares of company stock valued at $1,614,913. 2.68% of the stock is owned by corporate insiders.
Intuit Price Performance
Shares of NASDAQ INTU opened at $662.41 on Friday. The stock has a market cap of $184.68 billion, a P/E ratio of 48.21, a P/E/G ratio of 2.53 and a beta of 1.25. The firm’s 50-day simple moving average is $667.47 and its 200 day simple moving average is $706.62. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. 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 – Get Free Report) last released its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS 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 firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter last year, the company earned $1.99 EPS. Intuit’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. Equities analysts expect that Intuit Inc. will post 14.09 EPS for the current year.
Intuit Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, October 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date was Thursday, October 9th. Intuit’s payout ratio is currently 34.93%.
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.
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