83,092 Shares in Intuit Inc. $INTU Acquired by Trexquant Investment LP

Key Points

• Trexquant Investment LP acquired 83,092 shares of Intuit Inc. valued at approximately $51 million, making it the 11th largest holding in its portfolio.
• Intuit reported a quarterly EPS of $2.75, surpassing estimates and showing a 20.3% increase in revenue year-over-year.
• The company announced a dividend increase to $1.20 per share, reflecting a commitment to returning value to shareholders, with a payout ratio of 30.28%.

Trexquant Investment LP bought a new position in Intuit Inc. (NASDAQ:INTU - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 83,092 shares of the software maker's stock, valued at approximately $51,018,000. Intuit makes up about 0.6% of Trexquant Investment LP's portfolio, making the stock its 11th largest holding.

Several other large investors have also modified their holdings of INTU. Brighton Jones LLC lifted 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 lifted its holdings in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock worth $511,000 after acquiring an additional 482 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Intuit by 14.2% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 1,992 shares of the software maker's stock worth $1,252,000 after acquiring an additional 248 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Intuit by 5.1% during the 4th quarter. AQR Capital Management LLC now owns 64,347 shares of the software maker's stock worth $40,442,000 after acquiring an additional 3,150 shares during the period. Finally, Voleon Capital Management LP bought a new position in shares of Intuit during the 4th quarter worth about $3,376,000. 83.66% of the stock is owned by institutional investors.

Insider Transactions at Intuit

In other Intuit news, CFO Sandeep Aujla sold 42 shares of the firm's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $27,929.58. Following the completion of the sale, the chief financial officer owned 831 shares in the company, valued at approximately $552,606.69. This trade represents a 4.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the firm's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the sale, the director owned 6,162,547 shares of the company's stock, valued at $4,098,032,129.53. The trade was a 0.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 107,817 shares of company stock worth $82,475,471. Corporate insiders own 2.68% of the company's stock.

Intuit Price Performance

INTU traded down $1.20 during midday trading on Monday, hitting $667.00. The company had a trading volume of 1,594,076 shares, compared to its average volume of 2,172,437. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.45 and a current ratio of 1.36. The company has a market capitalization of $186.06 billion, a PE ratio of 48.54, a P/E/G ratio of 2.57 and a beta of 1.26. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The firm's 50-day simple moving average is $747.30 and its 200-day simple moving average is $678.35.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations 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 quarter last year, the company posted $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on INTU shares. Citigroup reduced their price objective on shares of Intuit from $815.00 to $803.00 and set a "buy" rating for the company in a report on Friday, August 22nd. KeyCorp reduced their price objective on shares of Intuit from $850.00 to $825.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Susquehanna reaffirmed a "positive" rating on shares of Intuit in a report on Friday, May 23rd. UBS Group dropped their target price on shares of Intuit from $750.00 to $725.00 and set a "neutral" rating for the company in a research report on Friday, August 22nd. Finally, Piper Sandler reiterated an "overweight" rating and set a $825.00 target price (up previously from $785.00) on shares of Intuit in a research report on Friday, May 23rd. One equities research 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 given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $797.62.

Intuit Company Profile

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.