Intuit Inc. (NASDAQ:INTU) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Intuit Inc. (NASDAQ:INTU) have been given an average recommendation of “Moderate Buy” by the thirty-two ratings firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $638.0625.

INTU has been the topic of several recent research reports. Rothschild & Co Redburn upgraded Intuit from a “neutral” rating to a “buy” rating and upped their price target for the stock from $670.00 to $700.00 in a report on Tuesday, March 10th. Jefferies Financial Group set a $650.00 price target on Intuit in a report on Sunday, February 22nd. Wolfe Research set a $550.00 price target on Intuit and gave the stock an “outperform” rating in a report on Thursday, March 12th. Northcoast Research upgraded Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price target on the stock in a report on Friday, March 6th. Finally, Truist Financial initiated coverage on Intuit in a report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target on the stock.

Intuit Price Performance

INTU stock opened at $369.44 on Thursday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $102.17 billion, a PE ratio of 23.93, a P/E/G ratio of 1.41 and a beta of 1.21. Intuit has a 12-month low of $342.11 and a 12-month high of $813.70. The business’s fifty day moving average price is $419.95 and its 200 day moving average price is $562.99.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the prior year, the business earned $3.32 EPS. Intuit’s revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts anticipate that Intuit will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.3%. Intuit’s dividend payout ratio is 31.09%.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in INTU. Brighton Jones LLC boosted its position in shares of Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit during the 1st quarter worth about $785,564,000. Sivia Capital Partners LLC boosted its position in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC boosted its position in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.