Sapient Capital LLC Has $261,000 Stake in Intuit Inc. $INTU

Sapient Capital LLC reduced its position in Intuit Inc. (NASDAQ:INTUFree Report) by 97.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 999 shares of the software maker’s stock after selling 47,267 shares during the quarter. Sapient Capital LLC’s holdings in Intuit were worth $261,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Intuit in the 4th quarter valued at $3,058,407,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Intuit by 102.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after acquiring an additional 1,972,719 shares in the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit during the 1st quarter valued at about $785,564,000. Amundi increased its stake in Intuit by 44.9% in the first quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after acquiring an additional 484,602 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Intuit by 20.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after acquiring an additional 471,451 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

NASDAQ:INTU opened at $336.44 on Wednesday. The firm has a market cap of $92.03 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.06 and a beta of 0.97. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $721.54. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $289.71 and its two-hundred day moving average price is $369.14.

Intuit (NASDAQ:INTUGet Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, equities analysts anticipate that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. Intuit’s dividend payout ratio is 29.07%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on INTU. Stifel Nicolaus restated a “hold” rating and set a $275.00 price target (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Freedom Capital lowered Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. HSBC dropped their target price on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Jefferies Financial Group decreased their price target on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Daiwa Securities Group decreased their price target on Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Intuit currently has an average rating of “Moderate Buy” and an average target price of $461.23.

Check Out Our Latest Report on Intuit

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the transaction, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 500 shares of Intuit stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the purchase, the director owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. This represents a 40.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 1,239 shares of company stock valued at $348,354 over the last ninety days. Insiders own 2.49% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
  • Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
  • Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
  • Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
  • Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Intuit Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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