Northwestern Mutual Wealth Management Co. lessened its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 32.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,045 shares of the software maker's stock after selling 7,338 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Intuit were worth $9,237,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC grew its holdings in Intuit by 1.9% during the 1st quarter. Kestra Advisory Services LLC now owns 10,371 shares of the software maker's stock worth $6,368,000 after acquiring an additional 194 shares in the last quarter. Circle Wealth Management LLC lifted its position in shares of Intuit by 33.4% during the 1st quarter. Circle Wealth Management LLC now owns 3,451 shares of the software maker's stock worth $2,119,000 after buying an additional 865 shares during the last quarter. Compound Planning Inc. lifted its position in shares of Intuit by 28.4% during the 1st quarter. Compound Planning Inc. now owns 3,251 shares of the software maker's stock worth $1,996,000 after buying an additional 719 shares during the last quarter. Norinchukin Bank The lifted 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 worth $14,488,000 after buying an additional 7,132 shares during the last quarter. Finally, Summit Financial LLC lifted 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 worth $2,294,000 after buying an additional 156 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company's stock.
Intuit Stock Performance
INTU stock traded down $1.20 on Friday, hitting $667.00. The company's stock had a trading volume of 1,594,076 shares, compared to its average volume of 2,167,229. The firm has a 50 day moving average of $747.30 and a two-hundred day moving average of $677.70. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The stock has a market cap of $186.06 billion, a price-to-earnings ratio of 48.54, a price-to-earnings-growth ratio of 2.59 and a beta of 1.28. The company has a current ratio of 1.36, a quick ratio of 1.45 and a debt-to-equity ratio of 0.30.
Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $3.83 billion for 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%. Intuit's revenue was up 20.3% compared to the same quarter last year. During the same period in the previous 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 analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.
Intuit Increases Dividend
The company also recently disclosed 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 of this dividend is Thursday, October 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. This is an increase from Intuit's previous quarterly dividend of $1.04. Intuit's dividend payout ratio is presently 30.28%.
Insider Buying and Selling
In other Intuit news, EVP Marianna Tessel sold 34,329 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $760.84, for a total value of $26,118,876.36. Following the transaction, the executive vice president directly owned 40,767 shares of the company's stock, valued at approximately $31,017,164.28. The trade was a 45.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lauren D. Hotz sold 1,738 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $784.09, for a total transaction of $1,362,748.42. Following the completion of the transaction, the chief accounting officer directly owned 455 shares in the company, valued at $356,760.95. This represents a 79.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 107,817 shares of company stock worth $82,475,471 in the last ninety days. Insiders own 2.68% of the company's stock.
Analysts Set New Price Targets
Several analysts have recently weighed in on INTU shares. Wells Fargo & Company set a $880.00 price objective on shares of Intuit and gave the stock an "overweight" rating in a research report on Friday, June 13th. Oppenheimer boosted their price objective on shares of Intuit from $742.00 to $868.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Barclays reduced their price objective on shares of Intuit from $815.00 to $785.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Morgan Stanley reduced their price objective on shares of Intuit from $900.00 to $880.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Finally, BMO Capital Markets upped their price target on shares of Intuit from $820.00 to $870.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Intuit presently has an average rating of "Moderate Buy" and a consensus price target of $797.62.
Read Our Latest Report on Intuit
Intuit Company Profile
(
Free Report)
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.
Featured Stories

Before you consider Intuit, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intuit wasn't on the list.
While Intuit currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report