Liontrust Investment Partners LLP cut its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 6.6% during the 1st quarter, Holdings Channel reports. The fund owned 154,184 shares of the software maker’s stock after selling 10,912 shares during the period. Liontrust Investment Partners LLP’s holdings in Intuit were worth $66,666,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. bought a new stake in Intuit in the 1st quarter valued at about $785,564,000. Sivia Capital Partners LLC increased its position in Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC raised its stake in Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.
Intuit Price Performance
INTU stock opened at $315.50 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The business has a 50-day simple moving average of $289.08 and a two-hundred day simple moving average of $382.54. The company has a market capitalization of $86.30 billion, a P/E ratio of 19.11, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $807.15.
Intuit Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s dividend payout ratio is presently 29.07%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on INTU shares. Daiwa Securities Group cut their price target on Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Wolfe Research reaffirmed an “outperform” rating and set a $400.00 target price on shares of Intuit in a research report on Thursday, May 21st. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Argus reduced their price target on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Finally, The Goldman Sachs Group downgraded shares of Intuit from a “neutral” rating to a “sell” rating and reduced their price target for the company from $519.00 to $276.00 in a research report on Tuesday, June 2nd. Twenty analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and an average target price of $462.39.
Check Out Our Latest Stock Analysis on Intuit
Insider Buying and Selling at Intuit
In other news, Director Vasant M. Prabhu bought 1,250 shares of the stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director directly owned 1,250 shares in the company, valued at approximately $386,812.50. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director directly owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,239 shares of company stock worth $348,354. Company insiders own 2.49% of the company’s stock.
Intuit News Summary
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit will release its fiscal fourth-quarter and full-year 2026 results after the market close on August 25, followed by a conference call. The company also scheduled an Investor Day for September 17, giving management an opportunity to address growth, guidance and strategy. Intuit to Announce Fourth-Quarter and Full-Year Fiscal 2026 Results on Aug. 25; Investor Day Set for Sep. 17
- Neutral Sentiment: Intuit and College Board announced a partnership to provide free financial-literacy tools and resources to high schools through a new AP Business with Personal Finance course. The initiative may support brand awareness and long-term customer engagement, but it is unlikely to materially affect near-term financial results. Intuit and College Board Partner to Bring Free Financial Tools and Resources to High School Classrooms
- Negative Sentiment: Several law firms, including Robbins Geller, Rosen, Bronstein Gewirtz & Grossman, Kessler Topaz and others, publicized an existing securities lawsuit against Intuit and certain executives. The case covers investors who purchased shares between August 22, 2025, and May 20, 2026, with a September 8 deadline to seek lead-plaintiff status. The complaints allege that Intuit made material misstatements or omissions concerning the strength of its tax business and TurboTax growth. The allegations have not been proven, but the repeated notices increase headline risk and could raise concerns about potential financial, reputational and management costs. Investor Alert: Robbins Geller Announces Intuit Class Action Opportunity
- Negative Sentiment: Investor-law-firm notices also highlight a reassessment by analysts and significantly reduced price targets following an alleged cut to TurboTax growth guidance. This suggests that concerns about the tax segment’s growth trajectory—not merely the litigation itself—are weighing on sentiment ahead of Intuit’s August earnings report. INTU Shareholder Alert and Analyst Opinion Reassessment
Intuit 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.
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