Central Pacific Bank Trust Division Decreases Holdings in Intuit Inc. $INTU

13 Sep 2025, 10:32 by Sarita Garza · The Markets Daily

Central Pacific Bank Trust Division trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 7.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,746 shares of the software maker’s stock after selling 318 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Intuit were worth $2,950,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in INTU. GAMMA Investing LLC raised its position in shares of Intuit by 69,701.9% during the 1st quarter. GAMMA Investing LLC now owns 2,825,582 shares of the software maker’s stock valued at $17,348,790,000 after buying an additional 2,821,534 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Intuit during the 1st quarter valued at about $882,031,000. Nicholas Hoffman & Company LLC. purchased a new stake in shares of Intuit during the 1st quarter valued at about $785,564,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Intuit by 33.5% during the 4th 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 position in shares of Intuit by 7.8% during the 1st 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 hedge funds and other institutional investors.

Intuit Stock Performance

Shares of NASDAQ:INTU opened at $646.03 on Friday. The firm has a market cap of $180.11 billion, a PE ratio of 47.02, a price-to-earnings-growth ratio of 2.55 and a beta of 1.26. The firm’s 50 day simple moving average is $725.50 and its 200-day simple moving average is $683.06. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36.

Intuit (NASDAQ:INTU – Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same period last year, the company posted $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

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

Insider Buying and Selling at Intuit

In other news, Director Scott D. Cook sold 529 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alex G. Balazs sold 882 shares of the stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $781.63, for a total transaction of $689,397.66. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,879 shares of company stock valued at $7,558,613. 2.68% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

INTU has been the topic of a number of recent analyst reports. Jefferies Financial Group set a $850.00 price objective on shares of Intuit and gave the stock a “buy” rating in a research report on Friday, May 23rd. Zacks Research lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. reduced their price objective on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Morgan Stanley reduced their price objective on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, Piper Sandler reissued an “overweight” rating and issued a $825.00 price objective (up from $785.00) on shares of Intuit in a research report on Friday, May 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $797.62.

Check Out Our Latest Stock Report on INTU

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