Intuit Inc. $INTU Shares Purchased by Barlow Wealth Partners Inc.

Barlow Wealth Partners Inc. boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 30.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,085 shares of the software maker’s stock after acquiring an additional 5,446 shares during the period. Intuit accounts for approximately 1.7% of Barlow Wealth Partners Inc.’s investment portfolio, making the stock its 28th biggest position. Barlow Wealth Partners Inc.’s holdings in Intuit were worth $15,485,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in 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 in the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit in the 1st quarter worth $785,564,000. Sivia Capital Partners LLC increased 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 worth $698,000 after acquiring an additional 166 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Intuit by 20.6% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker’s stock worth $751,000 after acquiring an additional 163 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the sale, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 388,464 shares of company stock worth $255,514,393 over the last ninety days. Insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of Intuit stock opened at $561.77 on Tuesday. The stock has a market capitalization of $156.32 billion, a price-to-earnings ratio of 38.40, a price-to-earnings-growth ratio of 2.30 and a beta of 1.25. 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 business has a 50-day moving average of $635.54 and a 200 day moving average of $673.83. Intuit Inc. has a 12 month low of $520.69 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the prior year, the company earned $2.50 earnings per share. The business’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, sell-side analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 9th were paid a $1.20 dividend. The ex-dividend date was Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.9%. Intuit’s payout ratio is 32.81%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on INTU. Evercore ISI reissued an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a report on Tuesday, November 18th. KeyCorp dropped their price target on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday. Wells Fargo & Company restated an “equal weight” rating and set a $700.00 price target (down previously from $840.00) on shares of Intuit in a report on Thursday, January 8th. Truist Financial began coverage on Intuit in a report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price objective on the stock. Finally, UBS Group set a $739.00 price objective on Intuit in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $791.73.

About Intuit

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.