Compound Planning Inc. Increases Stake in Intuit Inc. $INTU

Key Points

• Compound Planning Inc. increased its stock position in Intuit Inc. by 28.4% during the first quarter, now holding 3,251 shares valued at approximately $1.996 million.
• Intuit's recent earnings report showed an EPS of $2.75, exceeding estimates, with a revenue of $3.83 billion reflecting a 20.3% year-over-year increase.
• Over 83.66% of Intuit's stock is owned by institutional investors, highlighting strong interest in the company from large financial entities.

Compound Planning Inc. grew its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 28.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 3,251 shares of the software maker's stock after acquiring an additional 719 shares during the quarter. Compound Planning Inc.'s holdings in Intuit were worth $1,996,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Norinchukin Bank The boosted its position in shares of Intuit by 43.3% during the 1st quarter. Norinchukin Bank The now owns 23,596 shares of the software maker's stock valued at $14,488,000 after acquiring an additional 7,132 shares during the last quarter. Summit Financial LLC boosted its position in shares of Intuit by 4.4% during the 1st quarter. Summit Financial LLC now owns 3,735 shares of the software maker's stock valued at $2,294,000 after acquiring an additional 156 shares during the last quarter. United Asset Strategies Inc. boosted its position in shares of Intuit by 8.2% during the 1st quarter. United Asset Strategies Inc. now owns 2,062 shares of the software maker's stock valued at $1,266,000 after acquiring an additional 156 shares during the last quarter. Tiemann Investment Advisors LLC boosted its position in shares of Intuit by 2.1% during the 1st quarter. Tiemann Investment Advisors LLC now owns 976 shares of the software maker's stock valued at $599,000 after acquiring an additional 20 shares during the last quarter. Finally, Partners Capital Investment Group LLP bought a new position in shares of Intuit during the 1st quarter valued at approximately $4,531,000. 83.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Oppenheimer increased their target price on Intuit from $742.00 to $868.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. KeyCorp lowered their target price on Intuit from $850.00 to $825.00 and set an "overweight" rating for the company in a research report on Friday. Barclays lowered their price target on Intuit from $815.00 to $785.00 and set an "overweight" rating for the company in a research report on Friday. Evercore ISI raised their price target on Intuit from $685.00 to $785.00 and gave the stock an "outperform" rating in a research report on Friday, May 23rd. Finally, Stifel Nicolaus lowered their price target on Intuit from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $797.62.

Intuit Trading Up 0.4%

INTU stock traded up $2.58 during midday trading on Tuesday, reaching $659.54. The company's stock had a trading volume of 3,762,506 shares, compared to its average volume of 1,823,597. 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 stock has a fifty day simple moving average of $754.86 and a two-hundred day simple moving average of $676.08. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The firm has a market capitalization of $183.98 billion, a price-to-earnings ratio of 48.00, a PEG ratio of 2.55 and a beta of 1.28.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the firm posted $1.99 earnings per share. The business's 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. On average, equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

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

Insiders Place Their Bets

In other Intuit news, CFO Sandeep Aujla sold 42 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $27,929.58. Following the sale, the chief financial officer owned 831 shares in the company, valued at $552,606.69. This trade represents a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark P. Notarainni sold 1,147 shares of the firm's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $773.90, for a total value of $887,663.30. Following the transaction, the executive vice president owned 19 shares in the company, valued at approximately $14,704.10. This represents a 98.37% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,650 shares of company stock valued at $113,959,883. Insiders own 2.68% of the company's stock.

About Intuit

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.