Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 12.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 433,488 shares of the software maker’s stock after acquiring an additional 47,916 shares during the quarter. Intuit comprises approximately 0.6% of Universal Beteiligungs und Servicegesellschaft mbH’s portfolio, making the stock its 20th biggest holding. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of Intuit worth $341,428,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of 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 buying an additional 482 shares during the period. Wealth Group Ltd. acquired a new stake in Intuit during the first quarter worth approximately $493,000. Edgestream Partners L.P. grew its stake in Intuit by 8.9% in the 1st quarter. Edgestream Partners L.P. now owns 2,503 shares of the software maker’s stock worth $1,537,000 after acquiring an additional 205 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Intuit by 109.6% in the 1st quarter. Larson Financial Group LLC now owns 436 shares of the software maker’s stock valued at $268,000 after acquiring an additional 228 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.
Insiders Place Their Bets
In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the sale, the chief financial officer owned 1,295 shares of the company’s stock, valued at $876,792.70. This trade represents a 47.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the transaction, the director owned 14,475 shares of the company’s stock, valued at $9,570,146.25. This trade represents a 2.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,407 shares of company stock worth $1,614,913 in the last 90 days. 2.68% of the stock is owned by company insiders.
Intuit Stock Up 1.9%
Intuit (NASDAQ:INTU – Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter last year, the firm posted $1.99 EPS. The business’s revenue for the quarter was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.
Intuit Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 9th were given a dividend of $1.20 per share. This is a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio is presently 34.93%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. 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. Citigroup decreased their price target on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. UBS Group lowered their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. Finally, Oppenheimer raised their target price on shares of Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and a consensus target price of $791.82.
Read Our Latest Report on Intuit
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.
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