Benjamin Edwards Inc. Buys 4,468 Shares of Intuit Inc. $INTU

Benjamin Edwards Inc. lifted its stake in Intuit Inc. (NASDAQ:INTU) by 6.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 72,771 shares of the software maker’s stock after buying an additional 4,468 shares during the period. Benjamin Edwards Inc.’s holdings in Intuit were worth $48,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit in the 1st quarter valued at approximately $785,564,000. Sivia Capital Partners LLC boosted its holdings in shares of Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC boosted its holdings in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after buying an additional 51 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Up 2.7%

INTU opened at $399.00 on Friday. Intuit Inc. has a 1-year low of $342.11 and a 1-year high of $813.70. The stock’s fifty day simple moving average is $414.84 and its 200 day simple moving average is $538.51. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock has a market cap of $110.34 billion, a PE ratio of 25.84, a price-to-earnings-growth ratio of 1.60 and a beta of 1.04.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the prior year, the business earned $3.32 EPS. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. 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, research analysts expect that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Dividend Announcement

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

Wall Street Analysts Forecast Growth

INTU has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft cut their price objective on Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a report on Friday, February 27th. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a report on Saturday. Mizuho cut their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Intuit in a report on Sunday, April 19th. 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. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $636.10.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director owned 13,253 shares in the company, 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 the SEC website. Company insiders own 2.49% of the company’s stock.

Intuit Company Profile

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.