CW Advisors LLC Grows Stock Holdings in Intuit Inc. $INTU

CW Advisors LLC lifted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 24.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,099 shares of the software maker’s stock after acquiring an additional 1,011 shares during the quarter. CW Advisors LLC’s holdings in Intuit were worth $4,013,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Intuit by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock worth $21,823,625,000 after purchasing an additional 377,657 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Intuit by 7.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after buying an additional 649,212 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Intuit by 1.8% during the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock valued at $5,042,107,000 after buying an additional 115,721 shares during the period. Wellington Management Group LLP raised its holdings in shares of Intuit by 6.8% in the first quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock valued at $3,472,266,000 after acquiring an additional 358,328 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Intuit in the second quarter valued at about $3,268,830,000. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of INTU stock opened at $673.63 on Friday. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The business’s fifty day simple moving average is $658.90 and its 200-day simple moving average is $706.06. 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 company has a market cap of $187.45 billion, a PE ratio of 46.04, a PEG ratio of 2.71 and a beta of 1.27.

Intuit (NASDAQ:INTU) last announced 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. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the previous year, the business earned $2.50 EPS. The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed 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. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

Wall Street Analysts Forecast Growth

INTU has been the topic of a number of research reports. JPMorgan Chase & Co. cut their target price on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Wolfe Research cut their price objective on shares of Intuit from $900.00 to $870.00 in a report on Friday, November 21st. KeyCorp lowered their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Finally, UBS Group reduced their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $798.20.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the transaction, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. The trade was a 47.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,704 shares of company stock worth $78,629,832 in the last three months. Corporate insiders own 2.49% of the company’s stock.

Intuit Profile

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.