Intuit Inc. $INTU Stock: Vest Financial LLC Grows Position

Vest Financial LLC raised its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 166.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 95,789 shares of the software maker’s stock after acquiring an additional 59,876 shares during the quarter. Vest Financial LLC’s holdings in Intuit were worth $26,410,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in Intuit by 119.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock valued at $37,452,000 after purchasing an additional 47,148 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new position in Intuit in the second quarter valued at about $1,643,000. J. Safra Sarasin Holding AG lifted its stake in shares of Intuit by 831.4% during the first quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock worth $11,817,000 after purchasing an additional 24,402 shares in the last quarter. Lindsell Train Ltd lifted its stake in shares of Intuit by 20.2% during the first quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock worth $317,237,000 after purchasing an additional 123,448 shares in the last quarter. Finally, Cygnus Capital Advisors LLC purchased a new stake in shares of Intuit in the second quarter worth about $4,706,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the sale, the director owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $335.61 on Thursday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average price is $320.98 and its two-hundred day moving average price is $325.91. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $689.17. The stock has a market capitalization of $89.69 billion, a P/E ratio of 20.34, a P/E/G ratio of 1.11 and a beta of 1.01.

Intuit (NASDAQ:INTU) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the company earned $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, sell-side analysts forecast that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were paid a $1.38 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio (DPR) is currently 33.45%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on INTU. Jefferies Financial Group lowered their target price on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Sunday, August 23rd. The Goldman Sachs Group reissued a “sell” rating on shares of Intuit in a research report on Thursday, September 24th. Morgan Stanley decreased their price target on Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a report on Wednesday, August 26th. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $605.00 to $331.00 in a report on Wednesday, August 26th. Finally, KeyCorp set a $400.00 price objective on shares of Intuit in a research report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $431.55.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Free Credit Karma Tax launch expands customer reach. Intuit introduced free federal tax filing through Credit Karma Tax, with faster refunds and AI-powered financial guidance. The offering could increase engagement across the Credit Karma ecosystem and create opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
• Positive Sentiment: Credit Karma continues to grow. Credit Karma revenue increased 20% to $2.64 billion in fiscal 2026. Investors are watching whether insurance and other offerings can diversify the business beyond personal loans and credit cards as lending standards tighten. Can Credit Karma Grow Beyond the Lending Cycle?
• Positive Sentiment: Analyst expectations remain constructive. Wall Street’s consensus price target implies roughly 26% potential upside, while favorable earnings-estimate revisions could provide near-term support. Intuit is also participating in AI-related growth through partnerships such as its expanded advisory arrangement with Aprio. Wall Street Analysts Think Intuit Could Surge
• Neutral Sentiment: AI is a longer-term opportunity, not an immediate earnings catalyst. Broader commentary argues that AI investment may continue for several years, but Intuit faces execution and monetization questions alongside other enterprise-software companies. The AI Buildout Is Only 15% Complete
• Negative Sentiment: Recent underperformance has renewed sell-side concerns. Intuit has lagged the broader market over the past six months, partly because of softer quarterly results. Bearish commentary highlights valuation, competition, cost pressures and uncertainty over whether new AI and Credit Karma initiatives can accelerate growth quickly enough. 3 Reasons to Sell INTU and 1 Stock to Buy Instead

Intuit Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.