Intech Investment Management LLC Acquires 12,948 Shares of Intuit Inc. $INTU

Intech Investment Management LLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 168.2% in the third quarter, HoldingsChannel reports. The fund owned 20,645 shares of the software maker’s stock after acquiring an additional 12,948 shares during the period. Intech Investment Management LLC’s holdings in Intuit were worth $14,099,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of INTU. Brighton Jones LLC grew its stake in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after buying an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in Intuit in the first quarter worth $785,564,000. Sivia Capital Partners LLC boosted its holdings in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Intuit by 20.6% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker’s stock worth $751,000 after acquiring an additional 163 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value 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 trade represents a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 388,464 shares of company stock worth $255,514,393. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on INTU shares. Mizuho set a $675.00 price target on Intuit in a report on Thursday, February 19th. BMO Capital Markets cut their price objective on shares of Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Barclays decreased their target price on shares of Intuit from $785.00 to $540.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group initiated coverage on shares of Intuit in a research note on Monday, January 12th. They issued a “neutral” rating and a $720.00 target price on the stock. Finally, UBS Group set a $739.00 price target on shares of Intuit in a research report on Tuesday, January 6th. Twenty-two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $726.18.

Intuit Price Performance

INTU opened at $394.42 on Friday. The company’s 50-day simple moving average is $531.35 and its two-hundred day simple moving average is $620.12. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market capitalization of $109.76 billion, a P/E ratio of 26.96, a P/E/G ratio of 1.56 and a beta of 1.24. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the business posted $3.32 earnings per share. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 beats — Intuit reported fiscal Q2 results that beat consensus on both EPS and revenue, showing solid revenue growth and margin expansion. Zacks: Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Strong FY EPS guidance — Intuit raised FY2026 EPS guidance (22.98–23.18), above consensus, signaling confidence in longer‑term earnings power even as revenue guidance was roughly in line. Company Press Release
• Positive Sentiment: Anthropic partnership — Intuit announced a multi‑year deal with Anthropic to bring customizable AI agents into its platform, reinforcing its product roadmap for AI-enabled offerings and helping allay fears that AI will commoditize its core businesses. The Information: Intuit Partners With Anthropic
• Neutral Sentiment: Market narrative and analyst views — Thought pieces argue Intuit sits among AI‑resilient software winners, but analysts remain mixed; some price‑target cuts and cautious reports leave near‑term sentiment fragile. MarketBeat: AI Separating Winners From Losers
• Negative Sentiment: Softer Q3 outlook and higher tax‑season marketing spend — Management warned of increased marketing costs during peak tax season and issued a Q3 guide that disappointed some investors, which was the main catalyst for the post‑earnings pullback. Proactive Investors: Soft Guidance Disappoints
• Negative Sentiment: Short interest and analyst pressure — Short interest rose meaningfully in February and several outlets published more pessimistic forecasts or lowered targets, adding selling pressure and raising the potential for continued volatility. American Banking News: Pessimistic Forecasts
• Positive Sentiment: Dividend and capital returns — The board approved a cash dividend, signaling confidence in cash flow and supporting shareholder returns amid the shakeout. TipRanks: Board Declares Cash Dividend

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.