TFR Capital LLC. Makes New $310,000 Investment in Intuit Inc. $INTU

Key Points

• TFR Capital LLC made a new investment in Intuit Inc. (INTU) worth approximately $310,000 by acquiring 394 shares during the second quarter.
• Intuit has received positive ratings from analysts, with a consensus price target of $791.82 and many analysts assigning an "outperform" rating.
• The company recently increased its quarterly dividend to $1.20 per share, reflecting a higher annualized dividend and a payout ratio of 34.93%.

TFR Capital LLC. acquired a new position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 394 shares of the software maker's stock, valued at approximately $310,000.

Other large investors have also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC increased its position in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker's stock worth $28,000 after buying an additional 19 shares during the period. RMG Wealth Management LLC bought a new position in shares of Intuit in the second quarter worth $37,000. CBIZ Investment Advisory Services LLC increased its position in shares of Intuit by 1,566.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker's stock worth $31,000 after purchasing an additional 47 shares during the period. TD Capital Management LLC increased its position in shares of Intuit by 511.1% in the first quarter. TD Capital Management LLC now owns 55 shares of the software maker's stock worth $34,000 after purchasing an additional 46 shares during the period. Finally, Olde Wealth Management LLC bought a new position in shares of Intuit in the first quarter worth $37,000. Institutional investors own 83.66% of the company's stock.

Analyst Upgrades and Downgrades

INTU has been the topic of a number of recent analyst reports. CLSA initiated coverage on Intuit in a research report on Thursday, June 26th. They issued an "outperform" rating and a $900.00 price target on the stock. JPMorgan Chase & Co. reduced their price objective on Intuit from $770.00 to $750.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $850.00 price objective on shares of Intuit in a research note on Tuesday, September 2nd. Wells Fargo & Company set a $880.00 price objective on Intuit and gave the company an "overweight" rating in a research note on Friday, June 13th. Finally, BMO Capital Markets raised their price objective on Intuit from $820.00 to $870.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $791.82.

Insider Buying and Selling

In related news, Director Scott D. Cook sold 529 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the sale, the director owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,170 shares of the company's stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the sale, the chief financial officer owned 1,295 shares of the company's stock, valued at $876,792.70. This trade represents a 47.46% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,407 shares of company stock worth $1,614,913. 2.68% of the stock is owned by corporate insiders.

Intuit Trading Down 0.0%

Shares of Intuit stock opened at $657.80 on Thursday. The stock has a fifty day simple moving average of $692.42 and a 200 day simple moving average of $692.73. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The company has a market capitalization of $183.40 billion, a P/E ratio of 47.87, a price-to-earnings-growth ratio of 2.54 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30.

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, topping 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 business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the company posted $1.99 earnings per share. Intuit'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, sell-side analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be issued a dividend of $1.20 per share. 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. The ex-dividend date is Thursday, October 9th. Intuit's dividend payout ratio is currently 34.93%.

Intuit Company 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.

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