Cwm LLC Grows Stock Position in Intuit Inc. $INTU

Cwm LLC lifted its stake in Intuit Inc. (NASDAQ:INTU) by 40.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,436 shares of the software maker’s stock after buying an additional 10,520 shares during the quarter. Cwm LLC’s holdings in Intuit were worth $24,882,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC boosted its position in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after purchasing an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its stake in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after purchasing an additional 21 shares during the period. Dogwood Wealth Management LLC boosted its holdings in Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares in the last quarter. Sagard Holdings Management Inc. purchased a new stake in Intuit during the second quarter worth $28,000. Finally, True Wealth Design LLC grew its position in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,098 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $675.00, for a total value of $741,150.00. Following the completion of the sale, the chief financial officer owned 197 shares in the company, valued at approximately $132,975. This represents a 84.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. This represents a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 270,897 shares of company stock valued at $177,368,310. Corporate insiders own 2.49% of the company’s stock.

Intuit Stock Performance

NASDAQ INTU opened at $676.55 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The stock’s 50 day simple moving average is $660.01 and its 200-day simple moving average is $698.90. The company has a market cap of $188.27 billion, a PE ratio of 46.24, a price-to-earnings-growth ratio of 2.76 and a beta of 1.27. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70.

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

Intuit Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Evercore ISI reissued an “outperform” rating and set a $875.00 target price on shares of Intuit in a research note on Tuesday, November 18th. Daiwa Capital Markets lifted their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Wolfe Research lowered their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Independent Research set a $875.00 price objective on Intuit in a report on Tuesday, November 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $796.60.

Intuit 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.