Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Holdings in Intuit Inc. $INTU

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Intuit Inc. (NASDAQ:INTUFree Report) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 445,144 shares of the software maker’s stock after purchasing an additional 11,708 shares during the period. Intuit accounts for 0.5% of Universal Beteiligungs und Servicegesellschaft mbH’s holdings, making the stock its 25th largest position. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Intuit were worth $294,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Intuit by 145.6% in the 4th 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. Nicholas Hoffman & Company LLC. purchased a new position in shares of Intuit in the 1st quarter valued at about $785,564,000. Sivia Capital Partners LLC boosted its stake in shares of Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the period. Finally, Florida Financial Advisors LLC boosted its stake in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after buying an additional 51 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial assumed coverage on Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price objective for the company. Rothschild & Co Redburn upgraded Intuit from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. Mizuho decreased their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Oppenheimer decreased their price objective on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, The Goldman Sachs Group decreased their target price on Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

View Our Latest Stock Report on Intuit

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares of the company’s stock, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.49% of the stock is currently owned by insiders.

Intuit Price Performance

INTU stock opened at $404.85 on Wednesday. The business has a 50 day moving average price of $414.53 and a 200 day moving average price of $550.52. The stock has a market cap of $111.96 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 1.63 and a beta of 1.21. Intuit Inc. has a fifty-two week low of $342.11 and a fifty-two week high of $813.70. 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 (NASDAQ:INTUGet Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts anticipate that Intuit Inc. will post 17.44 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.2%. Intuit’s payout ratio is presently 31.09%.

Intuit Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTUFree Report).

Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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