Czech National Bank Has $48.38 Million Stock Position in Intuit Inc. $INTU

Czech National Bank lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 3.7% during the third quarter, Holdings Channel.com reports. The firm owned 70,847 shares of the software maker’s stock after acquiring an additional 2,513 shares during the quarter. Czech National Bank’s holdings in Intuit were worth $48,382,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC increased its stake 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 buying an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after acquiring an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in Intuit in the first quarter valued at approximately $785,564,000. American Century Companies Inc. increased its position in Intuit by 61.3% during the 1st quarter. American Century Companies Inc. now owns 81,535 shares of the software maker’s stock valued at $50,062,000 after purchasing an additional 31,001 shares during the period. Finally, Versor Investments LP bought a new position in Intuit during the 1st quarter worth approximately $545,000. Institutional investors own 83.66% of the company’s stock.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 333 shares of the company’s 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 sale, the director owned 13,476 shares in the company, valued at $8,893,486.20. This represents a 2.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the transaction, the chief financial officer directly owned 1,295 shares in the company, valued at approximately $876,792.70. The trade was a 47.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 269,799 shares of company stock worth $176,627,160. Insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of INTU opened at $660.78 on Thursday. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The company has a market cap of $183.88 billion, a PE ratio of 45.17, a P/E/G ratio of 2.74 and a beta of 1.27. The stock has a 50-day moving average of $656.92 and a 200-day moving average of $702.97. 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 announced 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 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 analyst estimates of $3.76 billion. During the same quarter in the prior year, the company earned $2.50 earnings per share. The company’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. On average, equities research analysts predict 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. Shareholders of record on Friday, January 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, January 9th. Intuit’s payout ratio is 32.81%.

Wall Street Analyst Weigh In

INTU has been the topic of a number of analyst reports. Morgan Stanley reduced their price objective on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Barclays cut their price target on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Citigroup lowered their price objective on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Independent Research set a $875.00 price objective on Intuit in a research note on Tuesday, November 18th. Finally, KeyCorp decreased their target price on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One equities research 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and an average price target of $796.60.

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.