Bokf Na Decreases Holdings in Intuit Inc. $INTU

Bokf Na trimmed its position in shares of Intuit Inc. (NASDAQ:INTU) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,213 shares of the software maker’s stock after selling 3,316 shares during the period. Bokf Na’s holdings in Intuit were worth $9,415,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Joseph Group Capital Management bought a new position in Intuit during the 4th quarter worth approximately $25,000. MTM Investment Management LLC grew its position in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after acquiring an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new position in Intuit during the 3rd quarter worth approximately $33,000. Richardson Financial Services Inc. grew its position in Intuit by 70.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock worth $35,000 after acquiring an additional 21 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its position in Intuit by 54.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after acquiring an additional 19 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: QuickBooks Workforce: Intuit launched an AI?driven, end?to?end human capital management (HCM) platform for SMBs that consolidates payroll, HR, recruiting, benefits, onboarding and employee management—a potential long?term revenue and cross?sell driver for QuickBooks customers. Intuit Unveils QuickBooks Workforce
• Positive Sentiment: Embedded retirement product: Intuit picked Vestwell as the exclusive partner to deliver QuickBooks 401(k) inside QuickBooks Workforce, which increases product stickiness and creates a new fee/revenue stream from retirement services for SMB customers. Vestwell Selected by Intuit as Exclusive Partner to Deliver QuickBooks 401(k) to Millions of Small and Mid-Market Businesses
• Positive Sentiment: Shopify integration update: Intuit updated its Shopify–QuickBooks integration to speed merchant setup and accounting flows, which can improve product adoption among online SMBs and support transaction volume growth. Intuit updates Shopify–QuickBooks integration for faster setup
• Neutral Sentiment: Broker sentiment: Recent coverage highlights an average analyst recommendation of “Buy” and discussions about whether current share prices are attractive after the prior decline; analyst support helps sentiment but may already be priced in. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Customer/support and real estate moves: Items like QuickBooks Enterprise support pieces and a small TurboTax retail lease are operational updates with limited immediate earnings impact. Intuit QuickBooks Enterprise Support: Expert Help for Your Business
• Negative Sentiment: Valuation/price pressure: Commentary pointing to a ~35% one?year share decline underscores investor concern about valuation, growth durability and macro sensitivity—factors that can outweigh positive product news in the near term and help explain today’s share weakness. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on INTU. Susquehanna reduced their price target on Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research report on Tuesday, February 24th. Jefferies Financial Group restated a “buy” rating on shares of Intuit in a research report on Sunday, April 19th. Erste Group Bank upgraded Intuit to a “hold” rating in a research report on Monday, April 27th. Stifel Nicolaus cut their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, The Goldman Sachs Group cut their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $636.10.

Intuit Price Performance

Shares of INTU stock opened at $388.55 on Thursday. The firm has a market cap of $107.45 billion, a P/E ratio of 25.17, a P/E/G ratio of 1.60 and a beta of 1.04. Intuit Inc. has a fifty-two week low of $342.11 and a fifty-two week high of $813.70. The business’s 50 day moving average price is $415.78 and its 200-day moving average price is $534.07. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts anticipate that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. Intuit’s payout ratio is currently 31.09%.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.49% of the stock is owned by corporate insiders.

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.