Citizens & Northern Corp Makes New Investment in Intuit Inc. $INTU

Citizens & Northern Corp bought a new position in shares of Intuit Inc. (NASDAQ:INTUFree Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,001 shares of the software maker’s stock, valued at approximately $1,326,000.

A number of other institutional investors also recently bought and sold shares of INTU. MTM Investment Management LLC raised its stake in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares during the period. Pin Oak Investment Advisors Inc. purchased a new position in Intuit during the third quarter worth about $33,000. Richardson Financial Services Inc. raised its stake in Intuit by 70.0% during the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock worth $35,000 after purchasing an additional 21 shares during the period. TruNorth Capital Management LLC purchased a new stake in shares of Intuit in the 3rd quarter valued at approximately $36,000. Finally, Barnes Dennig Private Wealth Management LLC raised its stake in shares of Intuit by 54.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after acquiring an additional 19 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Price Performance

Shares of INTU opened at $383.30 on Friday. Intuit Inc. has a fifty-two week low of $342.11 and a fifty-two week high of $813.70. The firm’s 50 day moving average price is $414.43 and its 200 day moving average price is $548.37. The company has a market cap of $106.00 billion, a P/E ratio of 24.83, a PEG ratio of 1.64 and a beta of 1.21. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTUGet Free Report) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the prior year, the firm earned $3.32 EPS. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, research analysts forecast that Intuit Inc. will post 17.44 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, April 9th. Intuit’s payout ratio is 31.09%.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.49% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on INTU shares. Truist Financial started coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target on the stock. BNP Paribas Exane raised shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price target on the stock in a research note on Monday, March 16th. Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. TD Cowen restated a “buy” rating on shares of Intuit in a research report on Monday, March 16th. Finally, Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $636.10.

View Our Latest Analysis on Intuit

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Intuit Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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