Detalus Advisors LLC Invests $206,000 in Intuit Inc. $INTU

Detalus Advisors LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 262 shares of the software maker’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Dogwood Wealth Management LLC grew its holdings in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after acquiring an additional 19 shares in the last quarter. Vista Cima Wealth Management LLC bought a new stake in Intuit in the first quarter valued at $31,000. CBIZ Investment Advisory Services LLC lifted its stake in Intuit by 1,566.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after buying an additional 47 shares during the last quarter. TD Capital Management LLC lifted its stake in Intuit by 511.1% in the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after buying an additional 46 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new stake in shares of Intuit during the first quarter valued at about $37,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 target price on shares of Intuit in a report on Tuesday, September 2nd. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a report on Saturday. Oppenheimer lifted their price target on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. lowered their price objective on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, KeyCorp decreased their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and a consensus price target of $791.82.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $768.43, for a total value of $255,887.19. Following the completion of the sale, the director directly owned 15,474 shares of the company’s stock, valued at $11,890,685.82. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Scott D. Cook sold 529 shares of the firm’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 transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,740 shares of company stock valued at $1,870,800 in the last ninety days. 2.68% of the stock is owned by company insiders.

Intuit Stock Performance

INTU opened at $657.99 on Wednesday. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The stock has a market cap of $183.45 billion, a price-to-earnings ratio of 47.89, a PEG ratio of 2.59 and a beta of 1.25. The business has a 50 day moving average of $695.41 and a 200-day moving average of $692.97. 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) last released its quarterly 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 business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm’s revenue for the quarter was up 20.3% compared to the same quarter last year. During the same period last year, the firm posted $1.99 EPS. 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 research analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

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

Intuit Profile

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.