Intuit Inc. $INTU Stake Increased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in Intuit Inc. (NASDAQ:INTU) by 2,035.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,000 shares of the software maker’s stock after purchasing an additional 28,595 shares during the quarter. International Assets Investment Management LLC’s holdings in Intuit were worth $8,271,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Intuit by 17.6% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 216,500 shares of the software maker’s stock worth $59,691,000 after acquiring an additional 32,400 shares during the period. Parcion Private Wealth LLC grew its position in Intuit by 134.5% in the third quarter. Parcion Private Wealth LLC now owns 2,537 shares of the software maker’s stock valued at $699,000 after acquiring an additional 1,455 shares in the last quarter. SS&H Financial Advisors Inc. raised its stake in shares of Intuit by 22.2% during the third quarter. SS&H Financial Advisors Inc. now owns 1,045 shares of the software maker’s stock valued at $288,000 after purchasing an additional 190 shares during the period. Soltis Investment Advisors LLC raised its stake in shares of Intuit by 41.7% during the third quarter. Soltis Investment Advisors LLC now owns 1,781 shares of the software maker’s stock valued at $491,000 after purchasing an additional 524 shares during the period. Finally, Founders Financial Securities LLC purchased a new stake in shares of Intuit during the third quarter valued at approximately $752,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Intuit news, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard L. Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This represents a 2.41% 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. Corporate insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

INTU has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Intuit in a research report on Thursday, September 24th. Stifel Nicolaus reissued a “hold” rating and issued a $300.00 price target on shares of Intuit in a report on Friday, September 18th. JPMorgan Chase & Co. downgraded Intuit from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $605.00 to $331.00 in a report on Wednesday, August 26th. Citigroup lowered their price objective on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, Bank of America downgraded Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective on the stock. in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Intuit currently has an average rating of “Hold” and a consensus price target of $431.55.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
• Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
• Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
• Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

Intuit Trading Up 3.0%

NASDAQ:INTU opened at $341.09 on Friday. The firm has a market capitalization of $91.15 billion, a P/E ratio of 20.67, a P/E/G ratio of 1.13 and a beta of 1.01. The business has a 50 day simple moving average of $319.38 and a 200 day simple moving average of $362.39. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $682.27.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same period last year, the firm posted $2.75 EPS. Intuit’s quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts predict that Intuit Inc. will post 23.02 EPS for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a $1.38 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.6%. Intuit’s dividend payout ratio is currently 33.45%.

Intuit Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.