Diversified Trust Co Purchases 3,058 Shares of Intuit Inc. $INTU

Diversified Trust Co boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 42.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,242 shares of the software maker’s stock after acquiring an additional 3,058 shares during the quarter. Diversified Trust Co’s holdings in Intuit were worth $6,994,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its stake in Intuit by 9.0% in the second quarter. Sequoia Financial Advisors LLC now owns 17,279 shares of the software maker’s stock valued at $13,609,000 after acquiring an additional 1,433 shares during the period. MUFG Securities EMEA plc bought a new stake in shares of Intuit in the 2nd quarter valued at approximately $1,733,000. denkapparat Operations GmbH acquired a new position in shares of Intuit in the 2nd quarter worth approximately $830,000. Quadrant Capital Group LLC raised its holdings in shares of Intuit by 2.4% in the 2nd quarter. Quadrant Capital Group LLC now owns 6,608 shares of the software maker’s stock worth $5,205,000 after buying an additional 152 shares in the last quarter. Finally, New York Life Investment Management LLC lifted its position in shares of Intuit by 1.1% during the 2nd quarter. New York Life Investment Management LLC now owns 41,830 shares of the software maker’s stock worth $32,947,000 after buying an additional 442 shares during the period. 83.66% of the stock is owned by institutional investors.

Intuit Price Performance

Shares of NASDAQ INTU opened at $674.15 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The firm has a market cap of $187.60 billion, a PE ratio of 46.08, a PEG ratio of 2.77 and a beta of 1.27. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The company has a fifty day moving average price of $660.20 and a 200 day moving average price of $697.34.

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

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be given a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. Intuit’s payout ratio is currently 32.81%.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $658.84, for a total value of $49,413,000.00. Following the transaction, the director directly owned 5,893,679 shares in the company, valued at approximately $3,882,991,472.36. This trade represents a 1.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 270,897 shares of company stock valued at $177,368,310 in the last 90 days. 2.49% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on INTU shares. Wells Fargo & Company lowered their price target on Intuit from $880.00 to $840.00 and set an “overweight” rating on the stock in a research report on Friday, November 21st. Evercore ISI reiterated an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Rothschild & Co Redburn upped their target price on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Wolfe Research cut their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $796.60.

Intuit Company Profile

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.