Intuit Inc. $INTU Shares Sold by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG significantly reduced its stake in Intuit Inc. by 48.5%, holding 30,811 shares valued at approximately $18.9 million after selling 28,987 shares.
• Intuit's recent earnings report beat consensus estimates, with EPS of $2.75 and revenue of $3.83 billion, resulting in year-over-year revenue growth of 20.3%.
• The company announced an increase in its quarterly dividend to $1.20 per share, set to be paid on October 17th, marking a rise from the previous quarterly dividend of $1.04.

B. Metzler seel. Sohn & Co. AG reduced its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 48.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,811 shares of the software maker's stock after selling 28,987 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Intuit were worth $18,918,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Decatur Capital Management Inc. lifted its stake in shares of Intuit by 0.3% during the 1st quarter. Decatur Capital Management Inc. now owns 4,999 shares of the software maker's stock worth $3,069,000 after purchasing an additional 16 shares during the period. Financial Management Professionals Inc. lifted its stake in shares of Intuit by 18.4% during the 1st quarter. Financial Management Professionals Inc. now owns 116 shares of the software maker's stock worth $71,000 after purchasing an additional 18 shares during the period. Chris Bulman Inc lifted its stake in shares of Intuit by 1.2% during the 1st quarter. Chris Bulman Inc now owns 1,523 shares of the software maker's stock worth $935,000 after purchasing an additional 18 shares during the period. Kolinsky Wealth Management LLC raised its position in shares of Intuit by 1.6% in the 4th quarter. Kolinsky Wealth Management LLC now owns 1,192 shares of the software maker's stock worth $749,000 after buying an additional 19 shares during the period. Finally, Norden Group LLC raised its position in shares of Intuit by 1.2% in the 1st quarter. Norden Group LLC now owns 1,663 shares of the software maker's stock worth $1,021,000 after buying an additional 19 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Stock Down 0.2%

NASDAQ INTU traded down $1.20 during trading hours on Friday, hitting $667.00. The company had a trading volume of 1,594,076 shares, compared to its average volume of 2,167,229. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The company has a market capitalization of $186.06 billion, a price-to-earnings ratio of 48.54, a P/E/G ratio of 2.59 and a beta of 1.28. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45. The firm's 50 day moving average is $747.30 and its 200 day moving average is $677.70.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the firm earned $1.99 EPS. The firm's quarterly revenue 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. Sell-side analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced 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 boost from Intuit's previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Intuit's payout ratio is 30.28%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INTU. Wells Fargo & Company set a $880.00 target price on Intuit and gave the stock an "overweight" rating in a research report on Friday, June 13th. Bank of America cut their target price on Intuit from $875.00 to $800.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. UBS Group cut their target price on Intuit from $750.00 to $725.00 and set a "neutral" rating on the stock in a research report on Friday, August 22nd. Piper Sandler reaffirmed an "overweight" rating and issued a $825.00 target price (up from $785.00) on shares of Intuit in a research report on Friday, May 23rd. Finally, Barclays cut their target price on Intuit from $815.00 to $785.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $797.62.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the firm's stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $768.43, for a total transaction of $255,887.19. Following the completion of the sale, the director directly owned 15,474 shares in the company, valued at $11,890,685.82. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alex G. Balazs sold 882 shares of the firm's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $781.63, for a total value of $689,397.66. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 107,817 shares of company stock valued at $82,475,471. 2.68% of the stock is currently owned by insiders.

Intuit 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.