Generali Investments Management Co LLC lowered its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 29.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,227 shares of the software maker’s stock after selling 2,234 shares during the period. Generali Investments Management Co LLC’s holdings in Intuit were worth $1,364,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC raised its stake in Intuit by 22.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,038 shares of the software maker’s stock worth $271,000 after acquiring an additional 188 shares during the last quarter. Atlas Brown Inc. acquired a new stake in Intuit during the 2nd quarter worth about $400,000. Fluent Financial LLC purchased a new stake in Intuit during the 2nd quarter valued at about $1,454,000. Rockland Trust Co. grew its stake in Intuit by 66.1% during the 2nd quarter. Rockland Trust Co. now owns 75,816 shares of the software maker’s stock valued at $19,788,000 after purchasing an additional 30,168 shares during the last quarter. Finally, Bright Rock Capital Management LLC increased its holdings in shares of Intuit by 100.0% in the second quarter. Bright Rock Capital Management LLC now owns 45,000 shares of the software maker’s stock valued at $11,745,000 after purchasing an additional 22,500 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
INTU has been the subject of a number of research reports. Freedom Capital downgraded Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. BMO Capital Markets cut their price target on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Piper Sandler assumed coverage on shares of Intuit in a research report on Tuesday, July 14th. They set an “underweight” rating and a $250.00 price target for the company. 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 research note on Tuesday, June 2nd. Finally, Northcoast Research dropped their price objective on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $460.45.
Intuit News Summary
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: AI-powered Enterprise Suite expands growth opportunity: Intuit launched an AI-native Enterprise Suite with Citrin Cooperman Advisors aimed at transforming financial and back-office operations for mid-sized businesses. The companies plan to co-develop AI agents that automate core processes, potentially helping Intuit expand beyond its traditional small-business customer base into the mid-market enterprise-resource-planning market. What Could Intuit New AI ERP Push Mean For Mid Market Growth?
- Neutral Sentiment: Stock outperformed in the latest session: Intuit closed at $334.43 after rising despite a weaker market. The move reflects positive investor momentum, although the report provided no new earnings, guidance, or valuation catalyst. Intuit’s latest reported quarter showed revenue growth and earnings above analyst expectations, while the stock remains well below its 52-week high. Intuit Increases Despite Market Slip
- Negative Sentiment: Securities-fraud litigation remains a risk: Several law firms reminded investors of a September 8, 2026 deadline to seek lead-plaintiff status in a class-action lawsuit covering purchases made from August 22, 2025, through May 20, 2026. The allegations involve potential misstatements or omissions concerning the strength of Intuit’s tax-related business. The repeated notices may pressure sentiment and raise potential legal costs, although the announcements themselves do not establish liability. Intuit Securities Fraud Class Action Alert
Intuit Price Performance
NASDAQ:INTU opened at $334.43 on Tuesday. 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 has a 50 day moving average price of $289.42 and a 200-day moving average price of $370.47. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $750.55. The firm has a market cap of $91.48 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 1.03 and a beta of 0.97.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the firm posted $11.65 earnings per share. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. 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 research analysts forecast that Intuit Inc. will post 18.18 EPS for the current year.
Intuit Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.4%. Intuit’s dividend payout ratio (DPR) is 29.07%.
Insider Activity
In related news, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction on Friday, May 22nd. The shares were acquired at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the transaction, the director directly owned 1,250 shares of the company’s stock, valued at $386,812.50. This represents a ? increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by company 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.
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