1,748 Shares in Intuit Inc. $INTU Purchased by Milestones Private Investment Advisors LLC

Milestones Private Investment Advisors LLC bought a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,748 shares of the software maker’s stock, valued at approximately $1,376,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Intuit by 1.4% in the second quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock valued at $21,823,625,000 after acquiring an additional 377,657 shares during the period. State Street Corp raised its stake in Intuit by 1.0% during the 2nd quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock valued at $10,022,059,000 after purchasing an additional 125,990 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Intuit by 7.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock valued at $5,537,435,000 after purchasing an additional 649,212 shares during the period. Geode Capital Management LLC grew its position in Intuit by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after purchasing an additional 115,721 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Intuit by 6.8% in the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock worth $3,472,266,000 after purchasing an additional 358,328 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Insider Transactions at Intuit

In other news, CFO Sandeep Aujla sold 1,170 shares of Intuit 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 transaction, the chief financial officer owned 1,295 shares in the company, valued at approximately $876,792.70. The trade was a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 74,095 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $655.78, for a total value of $48,590,019.10. Following the sale, the director owned 5,819,584 shares in the company, valued at approximately $3,816,366,795.52. This trade represents a 1.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 269,799 shares of company stock valued at $176,627,160. Corporate insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on INTU. Wolfe Research cut their price objective on shares of Intuit from $900.00 to $870.00 in a research report on Friday, November 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research report on Friday, November 21st. BMO Capital Markets cut their target price on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. KeyCorp decreased their price target on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Finally, UBS Group dropped their price objective on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Intuit has an average rating of “Moderate Buy” and an average price target of $798.20.

Intuit Stock Performance

Intuit stock opened at $670.92 on Monday. The firm has a market capitalization of $186.70 billion, a P/E ratio of 45.86, a P/E/G ratio of 2.75 and a beta of 1.27. The stock has a fifty day moving average price of $656.94 and a two-hundred day moving average price of $704.58. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.25. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

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.