Intuit Inc. $INTU Shares Acquired by Aaron Wealth Advisors LLC

by · The Cerbat Gem

Aaron Wealth Advisors LLC increased its stake in Intuit Inc. (NASDAQ:INTUFree Report) by 96.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,075 shares of the software maker’s stock after acquiring an additional 1,019 shares during the period. Aaron Wealth Advisors LLC’s holdings in Intuit were worth $1,634,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of INTU. GAMMA Investing LLC raised its stake in shares of Intuit by 69,701.9% in the first quarter. GAMMA Investing LLC now owns 2,825,582 shares of the software maker’s stock valued at $17,348,790,000 after acquiring an additional 2,821,534 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Intuit in the first quarter valued at $882,031,000. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the first quarter valued at $785,564,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Intuit by 33.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,072,021 shares of the software maker’s stock valued at $1,930,765,000 after buying an additional 771,232 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Intuit by 7.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock valued at $5,537,435,000 after buying an additional 649,212 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Citigroup cut their price target on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. CLSA assumed coverage on Intuit in a research note on Thursday, June 26th. They issued an “outperform” rating and a $900.00 price target on the stock. Susquehanna restated a “positive” rating on shares of Intuit in a research note on Friday, May 23rd. Evercore ISI raised their price target on Intuit from $685.00 to $785.00 and gave the company an “outperform” rating in a research note on Friday, May 23rd. Finally, UBS Group cut their price target on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $797.62.

View Our Latest Stock Report on Intuit

Intuit Price Performance

Shares of INTU opened at $651.30 on Wednesday. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The stock’s 50 day moving average is $720.25 and its two-hundred day moving average is $684.08. The firm has a market capitalization of $181.58 billion, a PE ratio of 47.40, a P/E/G ratio of 2.51 and a beta of 1.26. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30.

Intuit (NASDAQ:INTUGet Free Report) last announced its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the previous year, the company earned $1.99 EPS. The firm’s revenue for the quarter was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be paid a dividend of $1.20 per share. This is a positive change from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio is presently 30.28%.

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 42 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $27,929.58. Following the sale, the chief financial officer owned 831 shares of the company’s stock, valued at $552,606.69. The trade was a 4.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the sale, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,879 shares of company stock worth $7,558,613. Corporate insiders own 2.68% of the company’s stock.

Intuit Profile

(Free Report)

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.

Further Reading

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