Strategic Planning Group LLC Acquires 2,098 Shares of Intuit Inc. $INTU

Strategic Planning Group LLC lifted its holdings in Intuit Inc. (NASDAQ:INTU) by 27.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,772 shares of the software maker’s stock after buying an additional 2,098 shares during the quarter. Strategic Planning Group LLC’s holdings in Intuit were worth $6,674,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC raised its stake in shares of Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares during the last quarter. Westside Investment Management Inc. raised its position in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares in the last quarter. Sagard Holdings Management Inc. bought a new position in Intuit in the 2nd quarter valued at $28,000. Finally, True Wealth Design LLC increased its stake in shares of Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Trading Up 0.6%

Shares of NASDAQ INTU opened at $651.15 on Thursday. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The stock has a market cap of $181.20 billion, a price-to-earnings ratio of 44.51, a P/E/G ratio of 2.65 and a beta of 1.25. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The company’s fifty day moving average is $656.82 and its 200-day moving average is $692.45.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company’s revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s payout ratio is presently 32.81%.

Insider Activity

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the transaction, the director directly owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 347,464 shares of company stock worth $228,860,293 over the last quarter. 2.49% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on INTU. Cowen started coverage on Intuit in a research note on Wednesday. They set a “buy” rating on the stock. Evercore ISI restated an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Independent Research set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Truist Financial began coverage on shares of Intuit in a research note on Tuesday. They set a “buy” rating and a $739.00 price target for the company. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price objective on shares of Intuit in a research note on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $790.00.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: TD Cowen initiated coverage with a “buy” rating and a $802 price target (implies ~23% upside), a clear bullish signal that can attract momentum and institutional interest. Read More.
• Positive Sentiment: Truist also began coverage with a “buy” and $739 target (~13.5% upside), reinforcing the bullish analyst narrative this morning. Read More.
• Positive Sentiment: LA Times pieces on Intuit’s SMB MediaLabs (CES coverage) highlight expansion from tax/finance software into advertising/media for small businesses — a strategic growth story that supports longer?term revenue diversification. Read More.
• Positive Sentiment: Intuit disclosed a quarterly dividend of $1.20 (ex?div Jan 9; pay Jan 16), a modest yield but supportive for income?oriented holders and signals cash return policy.
• Neutral Sentiment: 24/7 Wall St. included Intuit in a roundup of analyst calls — useful for context but not a stand?alone catalyst. Read More.
• Neutral Sentiment: Analysis pieces (Seeking Alpha, Zacks) praise Intuit’s improving business and recent outperformance but flag that valuation is elevated — important framing for medium/long?term investors, less likely to move intraday. Read More.
• Neutral Sentiment: Seasonal product coverage of TurboTax 2026 reminds investors of tax?season tailwinds and recurring revenue but is not an immediate catalyst alone. Read More.
• Negative Sentiment: Intuit CFO Sandeep Aujla sold 1,335 shares (~$840k) on Jan 5 — a notable insider sale (the filing shows a large percentage reduction in his direct holding) that some investors view as a short?term negative signal. Read More.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.