Evexia Wealth LLC Boosts Stock Holdings in Intuit Inc. $INTU

Evexia Wealth LLC increased its stake in Intuit Inc. (NASDAQ:INTU) by 5.7% in the third quarter, Holdings Channel.com reports. The firm owned 21,242 shares of the software maker’s stock after purchasing an additional 1,150 shares during the quarter. Intuit makes up approximately 4.2% of Evexia Wealth LLC’s investment portfolio, making the stock its 7th largest position. Evexia Wealth LLC’s holdings in Intuit were worth $13,928,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after purchasing an additional 914,024 shares during the period. State Street Corp boosted its position in shares of Intuit by 1.0% during the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock worth $10,022,059,000 after buying an additional 125,990 shares during the period. Geode Capital Management LLC grew its holdings in shares of Intuit by 1.8% during the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after buying an additional 115,721 shares in the last quarter. Norges Bank acquired a new stake in Intuit in the 2nd quarter valued at approximately $3,268,830,000. Finally, Invesco Ltd. raised its position in Intuit by 13.2% in the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock valued at $2,745,492,000 after buying an additional 407,078 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Up 3.1%

NASDAQ:INTU opened at $481.17 on Friday. The firm has a market capitalization of $133.07 billion, a price-to-earnings ratio of 31.16, a price-to-earnings-growth ratio of 1.88 and a beta of 1.26. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The stock’s 50 day moving average price is $503.41 and its two-hundred day moving average price is $608.83. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the prior year, the firm posted $3.32 EPS. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is 31.09%.

Analyst Ratings Changes

INTU has been the subject of a number of recent research reports. Argus reduced their price target on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research report on Wednesday. Susquehanna lowered their price objective on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Weiss Ratings downgraded shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. Finally, Independent Research set a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $642.32.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of Intuit 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 owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 269,596 shares of company stock valued at $178,119,764 over the last quarter. 2.49% of the stock is currently owned by company insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 earnings beat & guidance: Intuit reported a better‑than‑expected quarter (EPS and revenue beats, revenue +17% y/y) and set Q3/FY26 guidance that supports continued growth — this is the main fundamental driver for the rally. INTU Stock Rises 18.3% Post Q2 Earnings
• Positive Sentiment: Big AI partnership: Intuit announced a broad collaboration with Anthropic to build customizable AI agents for mid‑market customers — this supports product differentiation, upsell potential and the company’s AI-driven revenue narrative. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analyst upgrades & upside to price targets: Multiple firms raised or reiterated bullish ratings (Northcoast upgrade to Buy with $575 PT; Argus strong‑buy; the consensus analyst targets imply material upside), underpinning investor confidence. Finviz (Northcoast upgrade) Wall Street Analysts Predict a 33.67% Upside
• Positive Sentiment: Sector rotation into software: Broader flows have favored software this week vs. semiconductors, lifting beaten-down software names including Intuit and providing a momentum tailwind. Tech Rotation Swings Back Toward Software
• Neutral Sentiment: Momentum & valuation questions: The stock has had a sharp multi‑day run (Forbes notes a 7‑day +30% move), prompting debate over whether the rally is overextended vs. justified by fundamentals. Monitor near‑term profit‑taking risk. Is Intuit Stock Rally Overextended Or Just Getting Started?
• Neutral Sentiment: Earnings acceleration theme: Screens and analyst commentary highlight improving EPS revisions and acceleration metrics — bullish signal, but execution and AI monetization will determine durability. 3 Best Earnings Acceleration Stocks to Buy in March 2026
• Negative Sentiment: Some price‑target trims despite buy ratings: A number of firms trimmed targets (Daiwa, TD Cowen, Mizuho, JPMorgan) even while keeping buy ratings — this signals varied views on upside and valuation sensitivity. That increases short‑term volatility risk if guidance/AI execution falters. Daiwa Lowers PT to $640

About Intuit

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.