Intuit Inc. $INTU Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its stake in Intuit Inc. (NASDAQ:INTU) by 14.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 27,389 shares of the software maker’s stock after buying an additional 3,383 shares during the period. Rockefeller Capital Management L.P.’s holdings in Intuit were worth $21,573,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares during the period. Wealth Group Ltd. bought a new position in Intuit in the 1st quarter worth about $493,000. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the 1st quarter worth about $785,564,000. Finally, Jennison Associates LLC increased its stake in shares of Intuit by 168.5% in the first quarter. Jennison Associates LLC now owns 6,444 shares of the software maker’s stock valued at $3,957,000 after purchasing an additional 4,044 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Intuit Price Performance

NASDAQ:INTU opened at $645.98 on Tuesday. 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 business’s 50-day moving average price is $666.95 and its 200 day moving average price is $707.34. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The firm has a market cap of $180.10 billion, a P/E ratio of 47.01, a PEG ratio of 2.53 and a beta of 1.25.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.09. The company had revenue of $3.83 billion during 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%. Intuit’s revenue was up 20.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.99 EPS. 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, sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares in the company, valued at $876,792.70. The trade was a 47.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,407 shares of company stock worth $1,614,913. Corporate insiders own 2.68% of the company’s stock.

Analysts Set New Price Targets

INTU has been the subject of several analyst reports. KeyCorp reduced their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. UBS Group cut their target price on Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. Rothschild & Co Redburn boosted their price target on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Oppenheimer raised their price target on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Finally, Morgan Stanley cut their price objective on shares of Intuit from $900.00 to $880.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average target price of $791.82.

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.