O Shaughnessy Asset Management LLC Increases Stock Position in Intuit Inc. $INTU

O Shaughnessy Asset Management LLC raised its position in shares of Intuit Inc. (NASDAQ:INTU) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,974 shares of the software maker’s stock after buying an additional 6,999 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Intuit were worth $39,728,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Manchester Capital Management LLC boosted its position in Intuit by 37.6% during the 4th quarter. Manchester Capital Management LLC now owns 830 shares of the software maker’s stock valued at $550,000 after buying an additional 227 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in Intuit during the 4th quarter valued at $599,000. Palladiem LLC purchased a new stake in Intuit during the 4th quarter valued at $104,000. Syon Capital LLC boosted its position in Intuit by 6.8% during the 4th quarter. Syon Capital LLC now owns 4,239 shares of the software maker’s stock valued at $2,808,000 after buying an additional 269 shares during the period. Finally, ING Groep NV boosted its position in Intuit by 24.0% during the 4th quarter. ING Groep NV now owns 69,054 shares of the software maker’s stock valued at $45,743,000 after buying an additional 13,352 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Shares of NASDAQ INTU opened at $296.76 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 12 month low of $293.67 and a 12 month high of $813.70. The firm has a market capitalization of $81.18 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 1.09 and a beta of 0.98. The firm has a fifty day simple moving average of $377.58 and a two-hundred day simple moving average of $485.54.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during 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 company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $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. Equities analysts expect that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Baron Capital highlighted Intuit as a strong long-term bet in its latest investor letter, reinforcing the view that the company’s software and financial platform remain attractive despite the recent stock weakness.
• Positive Sentiment: Another investor-focused article argued that Intuit remains one of the more compelling software names, suggesting some market participants still see upside in the business model and cash-flow profile.
• Neutral Sentiment: Cramer’s comments and other media coverage kept Intuit in the spotlight, but these mentions were more commentary-driven than tied to a clear new business catalyst.
• Negative Sentiment: Multiple law firms, including BFA Law, Pomerantz, and Bragar Eagel & Squire, announced investigations into Intuit after the stock’s major decline, raising concerns about possible securities-fraud claims and adding legal overhang. Article Title
• Negative Sentiment: Goldman Sachs reportedly cut Intuit, which can weigh on investor confidence and pressure the shares further.
• Negative Sentiment: News coverage focused on Intuit’s steep recent decline and investors “asking tough questions,” reinforcing bearish sentiment around the stock after the selloff. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on INTU shares. Oppenheimer dropped their price target on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Citigroup decreased their price objective on shares of Intuit from $649.00 to $591.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn decreased their price objective on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday, June 2nd. The Goldman Sachs Group lowered shares of Intuit from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $519.00 to $276.00 in a report on Tuesday, June 2nd. Finally, Argus decreased their price objective on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Twenty-four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $514.58.

Insider Activity

In other Intuit news, Director Vasant M. Prabhu purchased 1,250 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the purchase, the director directly owned 1,250 shares in the company, valued at $386,812.50. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.49% of the stock is owned by company insiders.

About Intuit

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.