Intuit Inc. $INTU Shares Sold by Roundview Capital LLC

Roundview Capital LLC reduced its holdings in Intuit Inc. (NASDAQ:INTU) by 34.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,420 shares of the software maker’s stock after selling 1,820 shares during the period. Roundview Capital LLC’s holdings in Intuit were worth $2,265,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Intuit by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after purchasing an additional 296,448 shares in the last quarter. State Street Corp increased its stake in shares of Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after purchasing an additional 158,456 shares in the last quarter. Invesco Ltd. increased its stake in shares of Intuit by 7.8% during the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock worth $2,565,810,000 after purchasing an additional 271,407 shares in the last quarter. Northern Trust Corp increased its stake in shares of Intuit by 4.8% during the third quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock worth $2,356,040,000 after purchasing an additional 158,843 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Intuit by 10.9% during the fourth quarter. Legal & General Group Plc now owns 2,163,080 shares of the software maker’s stock worth $1,432,867,000 after purchasing an additional 212,688 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

INTU has been the subject of several recent research reports. HSBC reduced their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and increased their price objective for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reduced their price objective on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Weiss Ratings downgraded Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Susquehanna reduced their price objective on Intuit from $640.00 to $550.00 and set a “positive” rating for the company in a research note on Friday, May 22nd. Twenty-four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $525.65.

Insider Activity

In other news, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, with a total value of $386,812.50. Following the transaction, the director owned 1,250 shares in the company, valued at $386,812.50. The trade was a ? increase in their position. The acquisition 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 business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.49% of the company’s stock.

Intuit Trading Up 1.1%

INTU opened at $307.73 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The company’s 50 day simple moving average is $395.64 and its two-hundred day simple moving average is $502.04. Intuit Inc. has a 1-year low of $300.50 and a 1-year high of $813.70. The firm has a market capitalization of $84.18 billion, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 1.18 and a beta of 1.04.

Intuit (NASDAQ:INTU) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The business had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts expect that Intuit Inc. will post 17.49 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. Intuit’s payout ratio is presently 29.07%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America restarted coverage on Intuit with a Buy rating and $400 target, citing AI tailwinds, strong margins, and durable competitive positioning. Article: Intuit seen benefitting from AI tailwinds, says Bank of America
• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares, a potentially bullish insider signal after the stock’s steep decline. Article: SEC Form 4 filing
• Positive Sentiment: Analyst commentary continues to describe Intuit as a long-term value/growth opportunity, pointing to TurboTax strength, TurboTax Live momentum, and AI-driven product expansion. Article: TurboTax’s Strong FY26 Run
• Neutral Sentiment: Several firms lowered price targets after the recent pullback, but most still kept bullish ratings, suggesting the selloff may be more about valuation and short-term concerns than a collapse in fundamentals. Article: Daiwa Securities adjusts price target
• Negative Sentiment: Intuit is facing investor scrutiny over alleged pricing issues, with multiple law firms launching investigations that could add headline risk and pressure sentiment. Article: Intuit pricing issues investigation
• Negative Sentiment: The company’s mass-layoff notice in California and Nevada underscores a significant restructuring, which may worry investors even as management pursues an AI-focused turnaround. Article: Intuit files notice for mass layoffs

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.