Nisa Investment Advisors LLC Purchases 1,786 Shares of Intuit Inc. $INTU

Nisa Investment Advisors LLC increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 116,461 shares of the software maker’s stock after acquiring an additional 1,786 shares during the period. Nisa Investment Advisors LLC’s holdings in Intuit were worth $77,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sagard Holdings Management Inc. bought a new stake in Intuit during the second quarter worth $28,000. MTM Investment Management LLC increased its stake in shares of Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Total Investment Management Inc. bought a new position in shares of Intuit in the 2nd quarter valued at $33,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit during the 3rd quarter worth $33,000. Finally, Kilter Group LLC acquired a new position in shares of Intuit during the 2nd quarter worth $35,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Stock Performance

NASDAQ INTU opened at $432.38 on Wednesday. The company has a market capitalization of $119.57 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 1.72 and a beta of 1.27. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The stock has a fifty day simple moving average of $443.98 and a 200 day simple moving average of $580.93.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the business earned $3.32 EPS. The business’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on INTU shares. Barclays reaffirmed an “overweight” rating and issued a $540.00 price objective on shares of Intuit in a research note on Monday, March 16th. Weiss Ratings downgraded Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a report on Friday, February 27th. Citigroup decreased their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Scotiabank set a $575.00 price objective on shares of Intuit in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at approximately $337,390.56. This represents a 71.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,001 shares of company stock worth $27,798,928 over the last ninety days. Insiders own 2.49% of the company’s stock.

About Intuit

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.