Intuit (NASDAQ:INTU) Shares Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain (R-Michigan) purchased shares of Intuit Inc. (NASDAQ:INTU), buying between $1,001 and $15,000 worth of stock on August 13.
• Intuit reported strong quarterly earnings with $2.75 EPS, surpassing expectations, and announced a quarterly dividend of $1.20 per share, set to be paid on October 17.
• Institutional investors currently own 83.66% of Intuit, with several hedge funds actively increasing their stakes in the company.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Intuit Inc. NASDAQ: INTU. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intuit stock on August 13th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Intuit Trading Down 0.0%

Shares of INTU stock traded down $0.03 on Tuesday, hitting $651.30. 1,575,004 shares of the stock traded hands, compared to its average volume of 1,826,981. The firm's 50-day moving average price is $722.85 and its two-hundred day moving average price is $684.31. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $181.58 billion, a PE ratio of 47.40, a PEG ratio of 2.49 and a beta of 1.26.

Intuit (NASDAQ:INTU - Get Free Report) last issued 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. The business 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%. The business's quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Increases Dividend

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

Institutional Trading of Intuit

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INTU. Copia Wealth Management bought a new position in shares of Intuit during the 4th quarter worth approximately $25,000. Tortoise Investment Management LLC grew its stake in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock worth $25,000 after purchasing an additional 27 shares during the period. Westside Investment Management Inc. grew its stake in Intuit by 161.5% in the second 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 position in Intuit in the fourth quarter valued at about $28,000. Finally, Dogwood Wealth Management LLC grew its stake in Intuit by 111.8% in the second 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. Institutional investors and hedge funds own 83.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Evercore ISI raised their price target on Intuit from $685.00 to $785.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. Bank of America reduced their price objective on Intuit from $875.00 to $800.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Piper Sandler reaffirmed an "overweight" rating and issued a $825.00 price objective (up from $785.00) on shares of Intuit in a research note on Friday, May 23rd. Jefferies Financial Group set a $850.00 price target on Intuit and gave the stock a "buy" rating in a research report on Friday, May 23rd. Finally, UBS Group dropped their price objective on Intuit from $750.00 to $725.00 and set a "neutral" rating on the stock in a report on Friday, August 22nd. 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 assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $797.62.

Insider Transactions at Intuit

In related news, CAO Lauren D. Hotz sold 1,738 shares of the company's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $784.09, for a total transaction of $1,362,748.42. Following the sale, the chief accounting officer owned 455 shares in the company, valued at approximately $356,760.95. This represents a 79.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 2,591 shares of the company's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $782.22, for a total value of $2,026,732.02. Following the sale, the chief financial officer owned 768 shares in the company, valued at $600,744.96. The trade was a 77.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,879 shares of company stock valued at $7,558,613. Insiders own 2.68% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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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