Running Oak Capital LLC Has $16.58 Million Stock Position in Intuit Inc. $INTU

Running Oak Capital LLC raised its holdings in Intuit Inc. (NASDAQ:INTU) by 8.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,278 shares of the software maker’s stock after purchasing an additional 1,900 shares during the quarter. Intuit accounts for approximately 1.9% of Running Oak Capital LLC’s investment portfolio, making the stock its 22nd biggest position. Running Oak Capital LLC’s holdings in Intuit were worth $16,580,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in INTU. Buck Wealth Strategies LLC grew its holdings in shares of Intuit by 0.5% during the third quarter. Buck Wealth Strategies LLC now owns 16,485 shares of the software maker’s stock worth $11,258,000 after purchasing an additional 87 shares during the last quarter. Money Concepts Capital Corp lifted its holdings in Intuit by 3.2% in the third quarter. Money Concepts Capital Corp now owns 1,465 shares of the software maker’s stock valued at $1,001,000 after buying an additional 46 shares during the period. Atlantic Union Bankshares Corp increased its holdings in Intuit by 593.5% in the third quarter. Atlantic Union Bankshares Corp now owns 2,330 shares of the software maker’s stock worth $1,591,000 after purchasing an additional 1,994 shares in the last quarter. Guerra Advisors Inc bought a new stake in shares of Intuit in the 3rd quarter valued at $117,000. Finally, Nicholson Wealth Management Group LLC bought a new stake in Intuit in the third quarter valued at $1,465,000. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Down 2.4%

Shares of Intuit stock opened at $487.12 on Tuesday. Intuit Inc. has a 12-month low of $486.62 and a 12-month high of $813.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The company’s fifty day simple moving average is $621.92 and its two-hundred day simple moving average is $665.52. The company has a market cap of $135.55 billion, a P/E ratio of 33.30, a PEG ratio of 2.04 and a beta of 1.24.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the previous year, the business posted $2.50 EPS. The company’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, January 9th. Intuit’s dividend payout ratio is 32.81%.

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director directly owned 13,476 shares of the company’s stock, valued at $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Intuit in a research report on Wednesday, January 28th. The Goldman Sachs Group started coverage on Intuit in a report on Monday, January 12th. They set a “neutral” rating and a $720.00 price objective for the company. UBS Group set a $739.00 target price on shares of Intuit in a research note on Tuesday, January 6th. Evercore ISI reiterated an “outperform” rating and set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Finally, Truist Financial started coverage on shares of Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $791.73.

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.