Intuit Inc. (NASDAQ:INTU) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Intuit Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with twenty out of twenty-five brokerages rating it as buy or strong buy.
• The company's stock opened at $659.54, and it has a market capitalization of approximately $183.98 billion with a 12-month high of $813.70.
• Intuit recently announced an increase in its quarterly dividend to $1.20 per share, reflecting a dividend yield of 0.7% and representing a significant rise from the previous quarterly dividend of $1.04.

Intuit Inc. (NASDAQ:INTU - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty-five brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $797.6190.

A number of research analysts have commented on the stock. KeyCorp cut their target price on shares of Intuit from $850.00 to $825.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Bank of America cut their target price on shares of Intuit from $875.00 to $800.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Citigroup cut their target price 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. Stifel Nicolaus cut their target price on shares of Intuit from $850.00 to $800.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Finally, UBS Group cut their target price on shares of Intuit from $750.00 to $725.00 and set a "neutral" rating on the stock in a research report on Friday, August 22nd.

Intuit Price Performance

Intuit stock opened at $659.54 on Wednesday. The firm has a 50-day moving average price of $752.75 and a 200-day moving average price of $675.97. The firm has a market capitalization of $183.98 billion, a PE ratio of 48.00, a price-to-earnings-growth ratio of 2.57 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 has a 12-month low of $532.65 and a 12-month high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last released its 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 net margin of 20.55% and a return on equity of 22.72%. The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the business earned $1.99 EPS. The business's revenue 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. As a group, equities research analysts forecast that Intuit will post 14.09 EPS for the current year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. This is an increase from Intuit's previous quarterly dividend of $1.04. Intuit's payout ratio is presently 30.28%.

Insider Transactions at Intuit

In other Intuit news, EVP Marianna Tessel sold 34,329 shares of Intuit stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $760.84, for a total transaction of $26,118,876.36. Following the completion of the sale, the executive vice president directly owned 40,767 shares in the company, valued at approximately $31,017,164.28. The trade was a 45.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Laura A. Fennell sold 25,648 shares of Intuit stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $752.25, for a total transaction of $19,293,708.00. Following the sale, the executive vice president owned 22,796 shares of the company's stock, valued at approximately $17,148,291. The trade was a 52.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 133,465 shares of company stock worth $101,769,179. 2.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intuit

Several large investors have recently made changes to their positions in the company. Invesco Ltd. increased its holdings in Intuit by 1.2% in the 1st quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker's stock worth $1,890,282,000 after acquiring an additional 36,513 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Intuit by 4.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,841,590 shares of the software maker's stock worth $1,130,718,000 after acquiring an additional 82,419 shares in the last quarter. Pinnacle Financial Partners Inc increased its holdings in Intuit by 3.6% in the 1st quarter. Pinnacle Financial Partners Inc now owns 17,789 shares of the software maker's stock worth $10,922,000 after acquiring an additional 623 shares in the last quarter. Capitolis Liquid Global Markets LLC purchased a new stake in Intuit in the 4th quarter worth $109,988,000. Finally, Malaga Cove Capital LLC increased its holdings in Intuit by 110.6% in the 1st quarter. Malaga Cove Capital LLC now owns 874 shares of the software maker's stock worth $537,000 after acquiring an additional 459 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

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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