Generali Asset Management SPA SGR Acquires 1,364 Shares of Intuit Inc. $INTU

Generali Asset Management SPA SGR boosted its holdings in Intuit Inc. (NASDAQ:INTU) by 5.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,489 shares of the software maker’s stock after purchasing an additional 1,364 shares during the period. Generali Asset Management SPA SGR’s holdings in Intuit were worth $17,407,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in INTU. Tortoise Investment Management LLC boosted its holdings in Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the period. Westside Investment Management Inc. increased its stake in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares during the period. Dogwood Wealth Management LLC lifted its position in Intuit by 111.8% in the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit during the second quarter valued at approximately $28,000. Finally, True Wealth Design LLC boosted its stake in shares of 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 purchasing an additional 27 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the transaction, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. This trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,098 shares of Intuit stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $675.00, for a total transaction of $741,150.00. Following the transaction, the chief financial officer directly owned 197 shares of the company’s stock, valued at approximately $132,975. This trade represents a 84.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 344,727 shares of company stock valued at $227,083,400. 2.49% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on INTU shares. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. 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. BMO Capital Markets lowered their price objective on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Finally, Rothschild & Co Redburn upped their price target on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average price target of $796.60.

Intuit Price Performance

Shares of NASDAQ INTU opened at $662.42 on Friday. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The stock has a market capitalization of $184.33 billion, a P/E ratio of 45.28, a P/E/G ratio of 2.71 and a beta of 1.27. The company’s 50-day moving average is $659.62 and its 200 day moving average is $696.27. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating 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 business had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the previous year, the firm posted $2.50 EPS. The business’s revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, sell-side analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be issued a $1.20 dividend. 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 dividend payout ratio is 32.81%.

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.