Intuit Inc. $INTU Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 120.8% during the 4th quarter, HoldingsChannel reports. The firm owned 19,116 shares of the software maker’s stock after purchasing an additional 10,458 shares during the quarter. Intuit comprises 1.1% of Oxbow Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Oxbow Advisors LLC’s holdings in Intuit were worth $12,663,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in shares of Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of 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 purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit during the first quarter worth about $785,564,000. Sivia Capital Partners LLC raised its stake in Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares during the period. Finally, Florida Financial Advisors LLC raised its stake in Intuit by 12.2% during the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after purchasing an additional 51 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Price Performance

Intuit stock opened at $396.31 on Friday. The company’s 50 day simple moving average is $416.74 and its 200-day simple moving average is $532.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a 1 year low of $342.11 and a 1 year high of $813.70. The company has a market capitalization of $109.60 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 1.59 and a beta of 1.04.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the company posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities research analysts expect that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were paid a $1.20 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s payout ratio is presently 31.09%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Barclays reissued an “overweight” rating and issued a $540.00 price target on shares of Intuit in a research note on Monday, March 16th. Wolfe Research set a $550.00 price objective on Intuit and gave the company an “outperform” rating in a report on Thursday, March 12th. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft cut their target price on Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, BNP Paribas Exane upgraded Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 target price on the stock in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $636.10.

Insider Activity

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.49% of the company’s stock.

About Intuit

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.