Trivium Point Advisory LLC Acquires 276 Shares of Intuit Inc. $INTU

Trivium Point Advisory LLC lifted its position in Intuit Inc. (NASDAQ:INTU) by 52.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 799 shares of the software maker’s stock after purchasing an additional 276 shares during the quarter. Trivium Point Advisory LLC’s holdings in Intuit were worth $629,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Capital Investment Advisors LLC increased its holdings in shares of Intuit by 5.3% in the second quarter. Capital Investment Advisors LLC now owns 2,094 shares of the software maker’s stock worth $1,649,000 after purchasing an additional 105 shares during the period. Northwest Wealth Management LLC bought a new position in shares of Intuit in the second quarter worth $251,000. Spartan Planning & Wealth Management bought a new position in shares of Intuit in the second quarter worth $362,000. Elser Financial Planning Inc increased its holdings in shares of Intuit by 4.9% in the second quarter. Elser Financial Planning Inc now owns 451 shares of the software maker’s stock worth $337,000 after purchasing an additional 21 shares during the period. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new position in shares of Intuit in the second quarter worth $259,000. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

NASDAQ INTU opened at $682.91 on Wednesday. The company has a 50-day simple moving average of $706.99 and a two-hundred day simple moving average of $690.46. 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 Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The firm has a market cap of $190.40 billion, a price-to-earnings ratio of 49.70, a PEG ratio of 2.68 and a beta of 1.26.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (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 business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period in the prior year, the business posted $1.99 earnings per share. The company’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. On average, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio (DPR) is currently 30.28%.

Analysts Set New Price Targets

INTU has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price target on shares of Intuit in a report on Tuesday, September 2nd. BMO Capital Markets upped their target price on shares of Intuit from $820.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Barclays lowered their price target on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, UBS Group cut their price objective on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average target price of $791.82.

Insider Buying and Selling at Intuit

In other Intuit news, CFO Sandeep Aujla sold 42 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $27,929.58. Following the completion of the sale, the chief financial officer directly owned 831 shares in the company, valued at $552,606.69. This represents a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Scott D. Cook sold 529 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the sale, the director owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,376 shares of company stock valued at $4,056,031. Corporate insiders own 2.68% of the company’s stock.

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.