Eagle Strategies LLC Sells 37 Shares of Intuit Inc. $INTU

Eagle Strategies LLC lessened its stake in Intuit Inc. (NASDAQ:INTU) by 8.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 422 shares of the software maker’s stock after selling 37 shares during the period. Eagle Strategies LLC’s holdings in Intuit were worth $332,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of INTU. Dogwood Wealth Management LLC raised its position in Intuit by 111.8% during the 2nd 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. Vista Cima Wealth Management LLC bought a new position in Intuit during the 1st quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC raised its position in Intuit by 1,566.7% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock valued at $31,000 after purchasing an additional 47 shares during the last quarter. TD Capital Management LLC raised its position in Intuit by 511.1% during the 1st quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock valued at $34,000 after purchasing an additional 46 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new position in Intuit during the 1st quarter valued at approximately $37,000. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

Intuit stock opened at $644.92 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $179.80 billion, a P/E ratio of 46.94, a PEG ratio of 2.54 and a beta of 1.25. The stock’s 50 day moving average is $689.62 and its 200 day moving average is $692.95. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.09. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. This is an increase from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio (DPR) is currently 30.28%.

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the sale, the director directly owned 14,475 shares in the company, valued at approximately $9,570,146.25. This trade represents a 2.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $351,779.71. Following the sale, the director owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,407 shares of company stock worth $1,614,913. Insiders own 2.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on INTU. Morgan Stanley lowered their price target on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. CLSA initiated coverage on Intuit in a report on Thursday, June 26th. They set an “outperform” rating and a $900.00 target price on the stock. Barclays reduced their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Stifel Nicolaus reduced their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Finally, KeyCorp reduced their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $791.82.

Intuit Company 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.