Intuit Inc. $INTU Position Boosted by Fayez Sarofim & Co

Fayez Sarofim & Co increased its position in Intuit Inc. (NASDAQ:INTU) by 3.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 923,827 shares of the software maker’s stock after purchasing an additional 26,615 shares during the period. Intuit accounts for about 1.5% of Fayez Sarofim & Co’s investment portfolio, making the stock its 21st biggest holding. Fayez Sarofim & Co owned about 0.33% of Intuit worth $635,564,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC increased its holdings in shares of Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the last quarter. Sagard Holdings Management Inc. acquired a new stake in shares of Intuit during the 2nd quarter valued at approximately $28,000. MTM Investment Management LLC lifted its stake in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares during the last quarter. Total Investment Management Inc. bought a new position in Intuit during the second quarter worth $33,000. Finally, Kilter Group LLC acquired a new position in Intuit in the second quarter worth $35,000. 83.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. The trade was a 71.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This trade represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 120,501 shares of company stock valued at $79,983,892. Corporate insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Intuit Stock Up 1.1%

Intuit stock opened at $439.96 on Monday. The company has a 50-day simple moving average of $482.31 and a 200-day simple moving average of $599.82. The firm has a market capitalization of $121.67 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.77 and a beta of 1.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.47. The firm had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the firm posted $3.32 EPS. 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, equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is 31.09%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. BMO Capital Markets decreased their price target on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a report on Friday, February 27th. KeyCorp lowered their price objective on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Daiwa Securities Group dropped their price objective on shares of Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Finally, Stifel Nicolaus cut their target price on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.

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.