Compass Wealth Management LLC Buys New Position in Intuit Inc. $INTU

Compass Wealth Management LLC acquired a new position in Intuit Inc. (NASDAQ:INTU) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,005 shares of the software maker’s stock, valued at approximately $1,045,000.

A number of other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after acquiring an additional 296,448 shares during the period. BlackRock Inc. bought a new stake in shares of Intuit in the 2nd quarter worth approximately $6,851,859,000. State Street Corp lifted its position in shares of Intuit by 1.4% in the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after acquiring an additional 180,069 shares during the period. Geode Capital Management LLC lifted its position in shares of Intuit by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after acquiring an additional 87,451 shares during the period. Finally, Morgan Stanley lifted its position in shares of Intuit by 1.2% in the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after acquiring an additional 60,910 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

INTU stock traded up $1.45 during midday trading on Monday, reaching $359.51. 1,842,109 shares of the company’s stock traded hands, compared to its average volume of 4,382,581. The company has a 50-day simple moving average of $307.36 and a two-hundred day simple moving average of $356.13. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $705.08. The company has a market cap of $98.34 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 0.92 and a beta of 0.97. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the firm earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, analysts anticipate that Intuit Inc. will post 23.07 earnings per share for the current year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a $1.38 dividend. This is an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. Intuit’s payout ratio is 33.45%.

Insider Buying and Selling at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director directly owned 11,758 shares of the company’s stock, valued at $3,084,358.56. This trade represents a 2.36% 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. Insiders sold a total of 2,146 shares of company stock valued at $662,666 over the last three months. Insiders own 2.49% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Analyst Upgrades and Downgrades

A number of brokerages have commented on INTU. Deutsche Bank Aktiengesellschaft reduced their price objective on Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Rothschild & Co Redburn reduced their price objective on Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. UBS Group set a $370.00 target price on Intuit in a research report on Thursday. Stifel Nicolaus set a $300.00 target price on Intuit in a research report on Wednesday, August 26th. Finally, Argus cut their target price on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $434.68.

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.