Intuit Inc. $INTU is Findlay Park Partners LLP's 10th Largest Position

Key Points

• Findlay Park Partners LLP increased its stake in Intuit Inc. by 1.4% during the first quarter, holding a total of 395,145 shares now valued at approximately $242.6 million.
• Intuit reported strong earnings, beating estimates with an EPS of $2.75 for the last quarter, and is projecting Q1 2026 guidance of 3.050-3.120 EPS.
• The company has announced a dividend increase to $1.20 per share, representing an annual yield of 0.7%, with a record date of October 9th.

Findlay Park Partners LLP lifted its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 1.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 395,145 shares of the software maker's stock after purchasing an additional 5,400 shares during the quarter. Intuit accounts for approximately 2.5% of Findlay Park Partners LLP's investment portfolio, making the stock its 10th largest position. Findlay Park Partners LLP owned 0.14% of Intuit worth $242,615,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Intuit by 1.1% during the first quarter. Vanguard Group Inc. now owns 27,330,309 shares of the software maker's stock worth $16,780,536,000 after buying an additional 294,993 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Intuit by 7.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker's stock worth $5,537,435,000 after buying an additional 649,212 shares during the period. Wellington Management Group LLP boosted its stake in Intuit by 6.8% during the first quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker's stock worth $3,472,266,000 after buying an additional 358,328 shares during the period. Brown Advisory Inc. boosted its stake in Intuit by 7.9% during the first quarter. Brown Advisory Inc. now owns 3,444,600 shares of the software maker's stock worth $2,114,950,000 after buying an additional 252,265 shares during the period. Finally, Northern Trust Corp boosted its stake in Intuit by 17.3% during the fourth quarter. Northern Trust Corp now owns 3,371,013 shares of the software maker's stock worth $2,118,682,000 after buying an additional 498,030 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intuit

In other Intuit news, CAO Lauren D. Hotz sold 1,738 shares of the firm's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $784.09, for a total value of $1,362,748.42. Following the completion of the sale, the chief accounting officer directly owned 455 shares of the company's stock, valued at $356,760.95. This trade represents a 79.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alex G. Balazs sold 1,459 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $770.80, for a total value of $1,124,597.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 107,817 shares of company stock worth $82,475,471. 2.68% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley dropped their price objective on shares of Intuit from $900.00 to $880.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Bank of America decreased their target price on Intuit from $875.00 to $800.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Citigroup decreased their target price on Intuit from $815.00 to $803.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Susquehanna reiterated a "positive" rating on shares of Intuit in a research report on Friday, May 23rd. Finally, Evercore ISI lifted their price objective on Intuit from $685.00 to $785.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $797.62.

Intuit Stock Performance

NASDAQ:INTU traded down $1.20 during trading hours on Friday, reaching $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 1-year low of $532.65 and a 1-year high of $813.70. The firm has a market cap of $186.06 billion, a PE ratio of 48.54, a price-to-earnings-growth ratio of 2.59 and a beta of 1.28. The business's 50 day moving average price is $747.30 and its 200-day moving average price is $677.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45.

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 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 company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the previous year, the company posted $1.99 earnings per share. Intuit's revenue for the quarter was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Research analysts forecast 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. Stockholders of record on Thursday, October 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. This is a positive change from Intuit's previous quarterly dividend of $1.04. Intuit's dividend payout ratio is currently 30.28%.

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.