Lingohr Asset Management GmbH Purchases Shares of 5,400 Intuit Inc. $INTU

Lingohr Asset Management GmbH acquired a new position in Intuit Inc. (NASDAQ:INTUFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,400 shares of the software maker’s stock, valued at approximately $3,681,000.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on INTU. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research report on Thursday, January 22nd. KeyCorp decreased their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. UBS Group set a $739.00 price target on shares of Intuit in a report on Tuesday, January 6th. Evercore ISI reaffirmed an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Finally, The Goldman Sachs Group started coverage on shares of Intuit in a research report on Monday, January 12th. They set a “neutral” rating and a $720.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $791.73.

Read Our Latest Research Report on INTU

Intuit Price Performance

Shares of NASDAQ:INTU opened at $498.92 on Friday. The firm has a market cap of $138.83 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 2.05 and a beta of 1.25. Intuit Inc. has a 1 year low of $491.72 and a 1 year high of $813.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $625.24 and a 200 day simple moving average of $668.53.

Intuit (NASDAQ:INTUGet Free Report) last issued 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 company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business’s revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm 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. The ex-dividend date was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.0%. Intuit’s payout ratio is 32.81%.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction 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 directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 388,464 shares of company stock valued at $255,514,393 over the last three months. 2.49% of the stock is owned by insiders.

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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