Intuit Inc. $INTU Stock Purchased by Sage Private Wealth Group LLC

Sage Private Wealth Group LLC boosted its position in Intuit Inc. (NASDAQ:INTU) by 295.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,027 shares of the software maker’s stock after purchasing an additional 5,252 shares during the period. Intuit makes up about 0.6% of Sage Private Wealth Group LLC’s portfolio, making the stock its 26th largest holding. Sage Private Wealth Group LLC’s holdings in Intuit were worth $1,937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in shares of Intuit by 119.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after purchasing an additional 47,148 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Intuit during the second quarter valued at approximately $1,643,000. J. Safra Sarasin Holding AG boosted its holdings in Intuit by 831.4% during the first quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock worth $11,817,000 after buying an additional 24,402 shares in the last quarter. Lindsell Train Ltd boosted its holdings in Intuit by 20.2% during the first quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock worth $317,237,000 after buying an additional 123,448 shares in the last quarter. Finally, Cygnus Capital Advisors LLC bought a new stake in Intuit during the second quarter worth approximately $4,706,000. 83.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on INTU shares. Royal Bank Of Canada restated an “outperform” rating and issued a $385.00 price target on shares of Intuit in a research report on Friday, October 2nd. Piper Sandler increased their price objective on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday, August 26th. Wells Fargo & Company cut their price objective on Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 26th. Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective for the company. in a research note on Wednesday, August 26th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Intuit in a report on Monday, September 21st. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Intuit currently has a consensus rating of “Hold” and an average target price of $431.55.

Insiders Place Their Bets

In other news, CAO Lauren 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 transaction of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the transaction, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.

Intuit Price Performance

INTU stock opened at $335.61 on Thursday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a one year low of $252.84 and a one year high of $689.17. The firm has a market capitalization of $89.69 billion, a PE ratio of 20.34, a P/E/G ratio of 1.11 and a beta of 1.01. The firm has a 50-day moving average of $320.98 and a two-hundred day moving average of $325.91.

Intuit (NASDAQ:INTU) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping 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 company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period last year, the company posted $2.75 earnings per share. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. 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 forecast that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Thursday, October 8th. Intuit’s payout ratio is 33.45%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Free Credit Karma Tax launch expands customer reach. Intuit introduced free federal tax filing through Credit Karma Tax, with faster refunds and AI-powered financial guidance. The offering could increase engagement across the Credit Karma ecosystem and create opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
• Positive Sentiment: Credit Karma continues to grow. Credit Karma revenue increased 20% to $2.64 billion in fiscal 2026. Investors are watching whether insurance and other offerings can diversify the business beyond personal loans and credit cards as lending standards tighten. Can Credit Karma Grow Beyond the Lending Cycle?
• Positive Sentiment: Analyst expectations remain constructive. Wall Street’s consensus price target implies roughly 26% potential upside, while favorable earnings-estimate revisions could provide near-term support. Intuit is also participating in AI-related growth through partnerships such as its expanded advisory arrangement with Aprio. Wall Street Analysts Think Intuit Could Surge
• Neutral Sentiment: AI is a longer-term opportunity, not an immediate earnings catalyst. Broader commentary argues that AI investment may continue for several years, but Intuit faces execution and monetization questions alongside other enterprise-software companies. The AI Buildout Is Only 15% Complete
• Negative Sentiment: Recent underperformance has renewed sell-side concerns. Intuit has lagged the broader market over the past six months, partly because of softer quarterly results. Bearish commentary highlights valuation, competition, cost pressures and uncertainty over whether new AI and Credit Karma initiatives can accelerate growth quickly enough. 3 Reasons to Sell INTU and 1 Stock to Buy Instead

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.