Trilogy Capital Inc. Has $249,000 Stock Holdings in Intuit Inc. $INTU

Key Points

• Trilogy Capital Inc. reduced its holdings in Intuit Inc. by 91.1%, now owning only 316 shares valued at approximately $249,000.
• Several institutional investors have adjusted their positions in Intuit, with KMG Fiduciary Partners LLC and Pinnacle Bancorp Inc. increasing their stakes by 1.8% and 3.9%, respectively.
• Intuit recently announced a quarterly dividend increase from $1.04 to $1.20, representing a 0.7% yield and a payout ratio of 34.93%.

Trilogy Capital Inc. trimmed its position in Intuit Inc. (NASDAQ:INTU - Free Report) by 91.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 316 shares of the software maker's stock after selling 3,247 shares during the quarter. Trilogy Capital Inc.'s holdings in Intuit were worth $249,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KMG Fiduciary Partners LLC lifted its holdings in Intuit by 1.8% in the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker's stock valued at $607,000 after buying an additional 14 shares during the period. Pinnacle Bancorp Inc. raised its position in shares of Intuit by 3.9% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker's stock valued at $296,000 after acquiring an additional 14 shares during the last quarter. Peloton Wealth Strategists lifted its stake in shares of Intuit by 0.3% in the 1st quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker's stock valued at $2,710,000 after purchasing an additional 15 shares during the period. Moody Lynn & Lieberson LLC boosted its position in shares of Intuit by 0.9% in the 2nd quarter. Moody Lynn & Lieberson LLC now owns 1,672 shares of the software maker's stock worth $1,317,000 after purchasing an additional 15 shares during the last quarter. Finally, Decatur Capital Management Inc. grew its stake in shares of Intuit by 0.3% during the first quarter. Decatur Capital Management Inc. now owns 4,999 shares of the software maker's stock worth $3,069,000 after purchasing an additional 16 shares during the period. 83.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on INTU shares. Stifel Nicolaus cut their target price on Intuit from $850.00 to $800.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Zacks Research downgraded shares of Intuit from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. UBS Group reduced their price objective on shares of Intuit from $750.00 to $725.00 and set a "neutral" rating on the stock in a research note on Friday, August 22nd. Morgan Stanley lowered their target price 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. Finally, Citigroup reduced their price target on shares of Intuit from $815.00 to $803.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $791.82.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 529 shares of Intuit stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the transaction, the director owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the sale, the director owned 14,475 shares of the company's stock, valued at approximately $9,570,146.25. This represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,785 shares of company stock worth $2,029,299. 2.68% of the stock is owned by company insiders.

Intuit Stock Up 0.3%

INTU stock opened at $681.86 on Friday. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The business has a 50-day simple moving average of $703.07 and a 200 day simple moving average of $690.94. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The company has a market cap of $190.11 billion, a PE ratio of 49.63, a price-to-earnings-growth ratio of 2.62 and a beta of 1.25.

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, topping analysts' consensus estimates of $2.66 by $0.09. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business's revenue for the quarter was up 20.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal 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 dividend of $1.20 per share. The ex-dividend date is Thursday, October 9th. This is a boost from Intuit's previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit's dividend payout ratio is currently 34.93%.

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.

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