Hantz Financial Services Inc. lowered its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 13.6% in the fourth quarter, Holdings Channel reports. The firm owned 27,538 shares of the software maker’s stock after selling 4,333 shares during the period. Hantz Financial Services Inc.’s holdings in Intuit were worth $18,242,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC increased its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the first quarter valued at $785,564,000. Sivia Capital Partners LLC lifted its position in shares of Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its holdings 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 last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Key Headlines Impacting Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit reported fiscal Q3 results that beat estimates on both revenue and earnings, raised full-year guidance, and highlighted strength in TurboTax, Credit Karma, QuickBooks Online, and other growth engines. Intuit’s Q3 Earnings Beat on Consumer Growth & Higher Guidance
- Positive Sentiment: Several analysts still maintained bullish ratings even after lowering price targets, suggesting Street sentiment remains constructive on Intuit’s long-term growth profile. TD Cowen Adjusts Price Target on Intuit
- Positive Sentiment: Coverage also pointed to improving customer spending and “flywheel” benefits from broader adoption across Intuit’s product suite, which supports the AI and platform expansion narrative. Intuit customers spending more as it improves experiences across brands
Intuit Stock Performance
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same period last year, the company earned $11.65 earnings per share. Intuit’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. On average, equities analysts expect that Intuit Inc. will post 17.49 EPS for the current fiscal year.
Intuit Dividend Announcement
The company 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. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.5%. Intuit’s payout ratio is presently 29.07%.
Insider Buying and Selling
In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on 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 owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.49% of the company’s stock.
Analyst Ratings Changes
INTU has been the topic of several recent research reports. BMO Capital Markets cut their price target on Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a report on Thursday. The Goldman Sachs Group decreased their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Scotiabank set a $575.00 price target on shares of Intuit in a research report on Friday, March 6th. Freedom Capital lowered Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Evercore cut their price target on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday. Twenty-four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $546.29.
View Our Latest Stock Report on INTU
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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