Key Points
- Richard Dalzell sold 333 shares of Intuit at an average price of $659.95 on Dec. 11 for $219,763.35, reducing his stake by 2.41% to 13,476 shares (about $8.89M), according to an SEC filing.
- Intuit beat quarterly estimates, reporting $3.34 EPS vs. $3.09 expected and $3.87B in revenue (up 18.3% YoY), and set Q2 FY2026 EPS guidance of $3.63–$3.68.
- The company announced a quarterly dividend of $1.20 (ex-dividend and record date on Jan. 9) payable Jan. 16, equal to a $4.80 annualized payout and roughly a 0.7% yield with a 32.8% payout ratio.
Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Richard Dalzell sold 333 shares of Intuit 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 transaction, the director owned 13,476 shares of the company's stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Intuit Stock Down 0.8%
Shares of Intuit stock opened at $670.92 on Friday. The stock has a market capitalization of $186.70 billion, a price-to-earnings ratio of 45.86, a PEG ratio of 2.77 and a beta of 1.27. Intuit Inc. has a twelve month low of $532.65 and a twelve month 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's 50 day simple moving average is $656.94 and its 200-day simple moving average is $705.25.
Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts' consensus estimates of $3.09 by $0.25. The firm 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 firm's revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.
Intuit Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given a $1.20 dividend. The ex-dividend date is Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit's dividend payout ratio is 32.81%.
Hedge Funds Weigh In On Intuit
Several hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in Intuit during the second quarter valued at about $3,268,830,000. Alliancebernstein L.P. lifted its holdings in Intuit by 183.8% in the 3rd quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker's stock valued at $1,365,640,000 after acquiring an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit during the 1st quarter valued at about $785,564,000. Winslow Capital Management LLC acquired a new position in shares of Intuit in the 2nd quarter worth approximately $782,677,000. Finally, Vanguard Group Inc. raised its holdings in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker's stock worth $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently weighed in on INTU. Barclays cut their price target on Intuit from $815.00 to $785.00 and set an "overweight" rating on the stock in a report on Friday, August 22nd. Stifel Nicolaus cut their target price on Intuit from $850.00 to $800.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Wells Fargo & Company reduced their price target on Intuit from $880.00 to $840.00 and set an "overweight" rating for the company in a research report on Friday, November 21st. JPMorgan Chase & Co. lowered their price target on Intuit from $770.00 to $750.00 and set an "overweight" rating on the stock in a report on Friday, August 22nd. Finally, Citigroup cut their price objective on shares of Intuit from $815.00 to $803.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $798.20.
Check Out Our Latest Stock Analysis on INTU
About Intuit
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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.
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