Montag A & Associates Inc. Sells 3,441 Shares of Intuit Inc. $INTU

Montag A & Associates Inc. lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 22.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,143 shares of the software maker’s stock after selling 3,441 shares during the period. Montag A & Associates Inc.’s holdings in Intuit were worth $5,250,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Joseph Group Capital Management bought a new stake in shares of Intuit during the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Intuit in the fourth quarter valued at $25,000. HHM Wealth Advisors LLC increased its holdings in Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after buying an additional 30 shares during the last quarter. CrossGen Wealth LLC bought a new stake in Intuit during the first quarter worth $32,000. Finally, Pin Oak Investment Advisors Inc. bought a new stake in Intuit during the third quarter worth $33,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTU has been the topic of several recent analyst reports. Stifel Nicolaus restated a “hold” rating and set a $275.00 price objective (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. HSBC cut their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Jefferies Financial Group decreased their target price on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Finally, Susquehanna dropped their price target on Intuit from $640.00 to $550.00 and set a “positive” rating on the stock in a research note on Friday, May 22nd. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and a consensus target price of $498.40.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction dated 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 owned 11,758 shares in the company, valued at $3,084,358.56. The trade was a 2.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the acquisition, the director directly owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. This trade represents a 40.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 1,239 shares of company stock valued at $348,354 in the last quarter. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

Intuit stock opened at $281.17 on Wednesday. The company has a market capitalization of $76.91 billion, a price-to-earnings ratio of 17.03, a PEG ratio of 1.00 and a beta of 1.00. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $813.70. The stock’s 50 day moving average is $321.31 and its 200-day moving average is $426.73.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share 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 analysts’ expectations of $8.54 billion. During the same period last year, the firm posted $11.65 EPS. The firm’s revenue for the quarter 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 expect that Intuit Inc. will post 18.19 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Shares rose as traders favored software stocks over high-flying semiconductors, and Intuit benefited from the broader risk-on move in the group. Atlassian and Intuit Shares Skyrocket, What You Need To Know
• Positive Sentiment: Citi reportedly kept a buy rating on Intuit (INTU), arguing that the recent decline has created an attractive entry point and that analysts still see meaningful upside over the next 12 months. Citi Remains a Buy on Intuit (INTU) Despite 8% Decline Over the Past Month
• Positive Sentiment: Intuit’s recent earnings and guidance remain supportive in the background, with the company having previously beaten expectations and raised forward outlooks, which helps reinforce the long-term growth case. Here are Wall Street analysts’ top S&P 500 stocks for the second half of 2026
• Neutral Sentiment: Media coverage of CFO Sandeep Aujla and general “best stocks” lists may support visibility, but these items are not direct fundamentals catalysts for the stock. Intuit CFO Sandeep Aujla on the power of possibility
• Negative Sentiment: Earlier reports highlighted pressure from valuation concerns, AI disruption fears, and analyst downgrades tied to Intuit’s pricing strategy, which likely contributed to the stock’s recent weakness before today’s rebound. Intuit (INTU) Faces Downgrades As Pricing Risks And AI Shift Raise New Doubts

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.