Montag A & Associates Inc. Sells 4,283 Shares of Intuit Inc. $INTU

Key Points

• Montag A & Associates reduced its stake in Intuit by 21.6%, selling 4,283 shares in Q4 and now holds 15,584 shares valued at approximately $10.323 million.
• Intuit recently beat quarterly estimates with EPS of $4.15 (vs. $3.68 expected) and revenue of $4.65 billion (+17.4% YoY), and set Q3 2026 guidance of 12.450–12.510 EPS and FY2026 guidance of 22.980–23.180 EPS.
• Insider activity included Director Richard L. Dalzell selling 333 shares at an average of $440.40, while institutional investors own about 83.66% of Intuit and insiders own 2.49%.

Montag A & Associates Inc. lessened its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 21.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,584 shares of the software maker's stock after selling 4,283 shares during the period. Montag A & Associates Inc.'s holdings in Intuit were worth $10,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in 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 purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in 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 purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the 1st quarter valued at approximately $785,564,000. Sivia Capital Partners LLC lifted its stake in 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 purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its stake in 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 purchasing an additional 51 shares during the last quarter. Institutional investors own 83.66% of the company's stock.

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of the firm's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company's stock, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.49% of the company's stock.

Intuit Price Performance

INTU stock opened at $399.00 on Friday. The company has a fifty day moving average price of $414.84 and a 200-day moving average price of $538.51. The company has a market capitalization of $110.34 billion, a P/E ratio of 25.84, a PEG ratio of 1.60 and a beta of 1.04. Intuit Inc. has a 52-week low of $342.11 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

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

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. Intuit's dividend payout ratio (DPR) is presently 31.09%.

Analyst Upgrades and Downgrades

INTU has been the subject of several research reports. BNP Paribas Exane raised shares of Intuit from an "underperform" rating to a "neutral" rating and set a $463.00 price objective for the company in a research note on Monday, March 16th. Erste Group Bank raised shares of Intuit to a "hold" rating in a research note on Monday, April 27th. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. UBS Group dropped their price objective on shares of Intuit from $725.00 to $440.00 and set a "neutral" rating for the company in a research note on Friday, February 27th. Finally, KeyCorp dropped their price objective on shares of Intuit from $750.00 to $520.00 and set an "overweight" rating for the company in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Intuit currently has a consensus rating of "Moderate Buy" and an average target price of $636.10.

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.

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