Turtle Creek Wealth Advisors LLC Purchases 1,946 Shares of Intuit Inc. $INTU

Turtle Creek Wealth Advisors LLC lifted its holdings in Intuit Inc. (NASDAQ:INTU) by 15.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,384 shares of the software maker’s stock after purchasing an additional 1,946 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Intuit were worth $9,823,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of INTU. Tortoise Investment Management LLC grew its stake in shares of Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new position in Intuit in the second quarter worth about $28,000. Finally, True Wealth Design LLC increased its stake in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Analysts Set New Price Targets

INTU has been the subject of several analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Wolfe Research decreased their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Rothschild & Co Redburn raised their price target on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Independent Research set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Finally, UBS Group set a $739.00 target price on shares of Intuit in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $794.62.

Intuit Stock Performance

Shares of Intuit stock opened at $545.29 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock’s fifty day moving average is $646.44 and its two-hundred day moving average is $681.84. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company has a market capitalization of $151.74 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25.

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

Intuit Dividend Announcement

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

Insider Activity at Intuit

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on 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 sale, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 388,464 shares of company stock valued at $255,514,393 over the last 90 days. 2.49% of the stock is currently owned by insiders.

Intuit 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.