Oarsman Capital Inc. Has $1.19 Million Stock Holdings in Intuit Inc. $INTU

Oarsman Capital Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,944 shares of the software maker’s stock after buying an additional 57 shares during the quarter. Oarsman Capital Inc.’s holdings in Intuit were worth $1,194,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in Intuit by 14.2% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 1,992 shares of the software maker’s stock valued at $1,252,000 after purchasing an additional 248 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Intuit by 5.1% during the fourth quarter. AQR Capital Management LLC now owns 64,347 shares of the software maker’s stock valued at $40,442,000 after purchasing an additional 3,150 shares in the last quarter. Finally, Voleon Capital Management LP acquired a new stake in Intuit during the fourth quarter valued at approximately $3,376,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Up 0.6%

Shares of INTU opened at $663.17 on Thursday. The company has a market capitalization of $184.99 billion, a P/E ratio of 48.27, a PEG ratio of 2.58 and a beta of 1.28. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The business’s 50 day simple moving average is $750.92 and its 200-day simple moving average is $675.88.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter in the previous year, the company posted $1.99 EPS. Intuit’s 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. As a group, sell-side analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be given a $1.20 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio is presently 30.28%.

Insider Transactions at Intuit

In related news, EVP Alex G. Balazs sold 1,459 shares of the business’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $770.80, for a total value of $1,124,597.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lauren D. Hotz sold 1,738 shares of the business’s stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $784.09, for a total transaction of $1,362,748.42. Following the completion of the transaction, the chief accounting officer owned 455 shares of the company’s stock, valued at $356,760.95. This trade represents a 79.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 107,817 shares of company stock worth $82,475,471 over the last ninety days. 2.68% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on INTU. KeyCorp decreased their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Jefferies Financial Group set a $850.00 price objective on Intuit and gave the company a “buy” rating in a report on Friday, May 23rd. Barclays decreased their price objective on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Bank of America reduced their target price on Intuit from $875.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Finally, Wells Fargo & Company set a $880.00 target price on Intuit and gave the stock an “overweight” rating in a report on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $797.62.

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.