Acropolis Investment Management LLC Buys 17 Shares of Intuit Inc. $INTU

Acropolis Investment Management LLC increased its stake in shares of Intuit Inc. (NASDAQ:INTU) by 4.0% during the 2nd quarter, Holdings Channel reports. The fund owned 443 shares of the software maker’s stock after acquiring an additional 17 shares during the period. Acropolis Investment Management LLC’s holdings in Intuit were worth $349,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. KMG Fiduciary Partners LLC raised its holdings in Intuit by 1.8% during the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after buying an additional 14 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in Intuit by 3.9% during the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock worth $296,000 after buying an additional 14 shares during the last quarter. Peloton Wealth Strategists raised its holdings in Intuit by 0.3% during the first quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock worth $2,710,000 after buying an additional 15 shares during the last quarter. Decatur Capital Management Inc. raised its holdings in Intuit by 0.3% during the first quarter. Decatur Capital Management Inc. now owns 4,999 shares of the software maker’s stock worth $3,069,000 after buying an additional 16 shares during the last quarter. Finally, Financial Management Professionals Inc. raised its holdings in Intuit by 18.4% during the first quarter. Financial Management Professionals Inc. now owns 116 shares of the software maker’s stock worth $71,000 after buying an additional 18 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Intuit Price Performance

INTU opened at $702.09 on Tuesday. The company has a market capitalization of $195.74 billion, a price-to-earnings ratio of 51.10, a PEG ratio of 2.66 and a beta of 1.26. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $714.44 and a 200-day moving average price of $686.73. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results 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. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s revenue was up 20.3% on a year-over-year basis. During the same quarter last year, the company earned $1.99 earnings per share. 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 disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. Intuit’s dividend payout ratio (DPR) is 30.28%.

Insider Buying and Selling

In other news, EVP Mark P. Notarainni sold 1,147 shares of the firm’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $773.90, for a total value of $887,663.30. Following the completion of the transaction, the executive vice president directly owned 19 shares in the company, valued at approximately $14,704.10. This trade represents a 98.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lauren D. Hotz sold 1,738 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,879 shares of company stock valued at $7,558,613 in the last three months. Insiders own 2.68% of the company’s stock.

Wall Street Analysts Forecast Growth

INTU has been the topic of several research reports. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a report on Tuesday, September 2nd. UBS Group lowered their target price on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. Barclays lowered their target price on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Wells Fargo & Company set a $880.00 target price on shares of Intuit and gave the company an “overweight” rating in a report on Friday, June 13th. Finally, KeyCorp lowered their target price on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target 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.