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

Key Points

• Intuit Inc. has received a consensus rating of "Moderate Buy" from 25 analysts, with an average 1-year target price of approximately $797.62.
• Recent insider trading reveals that CFO Sandeep Aujla and Director Scott D. Cook sold shares, collectively amounting to nearly $380,000 in value.
• Intuit announced a quarterly dividend increase to $1.20 per share, reflecting a payout ratio of 34.93% and representing an annual yield of 0.7%.

Shares of Intuit Inc. (NASDAQ:INTU - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the twenty-five analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $797.6190.

Several research firms recently issued reports on INTU. Citigroup cut their target price on Intuit from $815.00 to $803.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada reissued an "outperform" rating and issued a $850.00 target price on shares of Intuit in a research report on Tuesday, September 2nd. 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 report on Friday, August 22nd. CLSA started coverage on Intuit in a research report on Thursday, June 26th. They set an "outperform" rating and a $900.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price target on Intuit from $770.00 to $750.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd.

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 42 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $27,929.58. Following the sale, the chief financial officer directly owned 831 shares of the company's stock, valued at approximately $552,606.69. This trade represents a 4.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott D. Cook sold 529 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the sale, the director directly owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,879 shares of company stock worth $7,558,613 in the last three months. Company insiders own 2.68% of the company's stock.

Institutional Investors Weigh In On Intuit

Institutional investors have recently modified their holdings of the business. Copia Wealth Management acquired a new stake in shares of Intuit during the 4th quarter valued at about $25,000. Tortoise Investment Management LLC grew its position in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock valued at $25,000 after acquiring an additional 27 shares during the period. Westside Investment Management Inc. grew its position in shares of Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker's stock valued at $27,000 after acquiring an additional 21 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Intuit during the 4th quarter valued at about $28,000. Finally, Dogwood Wealth Management LLC grew its position in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker's stock valued at $28,000 after acquiring an additional 19 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

NASDAQ INTU opened at $687.92 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.36. The stock's fifty day moving average price is $715.45 and its 200 day moving average price is $685.53. Intuit has a 1 year low of $532.65 and a 1 year high of $813.70. The company has a market cap of $191.80 billion, a price-to-earnings ratio of 50.07, a PEG ratio of 2.66 and a beta of 1.26.

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, beating 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 firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the firm earned $1.99 EPS. The firm'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 earnings per share for the current year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be given a dividend of $1.20 per share. 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 payout ratio is 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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