Liberty One Investment Management LLC Increases Holdings in Intuit Inc. $INTU

Liberty One Investment Management LLC lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 31.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,635 shares of the software maker’s stock after buying an additional 2,326 shares during the period. Liberty One Investment Management LLC’s holdings in Intuit were worth $6,580,000 as of its most recent SEC filing.

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

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fundsmith Equity Fund reestablished a stake in Intuit, a vote of confidence from a well-known active manager that can support demand for the shares. Here’s Why Fundsmith Equity Fund Reestablished Its Stake in Intuit (INTU)
• Positive Sentiment: Intuit’s QuickBooks struck a partnership with BDO Canada to offer integrated services to SMBs — a practical revenue growth and distribution win for QuickBooks in an important market. BDO Canada and Intuit QuickBooks Partner
• Neutral Sentiment: Goldman Sachs initiated coverage with a Hold rating and a $720 price target (implies ~13% upside from the ~$635 level) — helpful for headline demand but not a buy endorsement. Goldman Sachs Coverage
• Neutral Sentiment: Corporate/strategy pieces (on product funnel, AI culture and QuickBooks guidance/tips) highlight ongoing execution and positioning into AI and SMB tools but are more supportive of longer-term story than immediate price moves. Representative reads: The Drum and Moneycontrol. Intuit’s Thomas Ranese says the funnel isn’t dead
• Neutral Sentiment: Reported short-interest data appears to show no meaningful short position (the published numbers are effectively zero/NA), so short covering is unlikely to be a near-term driver based on the available figures.
• Negative Sentiment: Market commentary notes INTU shares “sank” while broader indexes rose, signaling stock-specific selling/rotation that’s weighing on the price today. Intuit (INTU) stock sinks as market gains

Intuit Price Performance

Shares of NASDAQ:INTU opened at $635.44 on Tuesday. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The company has a 50-day moving average price of $655.53 and a 200 day moving average price of $689.46. The company has a market cap of $176.82 billion, a P/E ratio of 43.43, a PEG ratio of 2.64 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.

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

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.8%. Intuit’s dividend payout ratio is 32.81%.

Analyst Ratings Changes

INTU has been the topic of a number of research analyst reports. Daiwa Capital Markets lifted their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. UBS Group set a $739.00 price target on Intuit in a research note on Tuesday, January 6th. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research report on Sunday. BMO Capital Markets decreased their price objective on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Finally, Wolfe Research lowered their target price on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $784.81.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at $8,893,486.20. This trade represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

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.