Wilmington Savings Fund Society FSB grew its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 9.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,992 shares of the software maker’s stock after acquiring an additional 2,352 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Intuit were worth $18,433,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in INTU. Fort Sheridan Advisors LLC raised its stake in Intuit by 2.1% during the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares during the period. BetterWealth LLC grew its holdings in Intuit by 3.8% during the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after buying an additional 15 shares in the last quarter. Sachetta LLC grew its holdings in Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after buying an additional 15 shares in the last quarter. Vance Wealth LLC raised its position in shares of Intuit by 1.5% during the second quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock valued at $879,000 after buying an additional 16 shares during the last quarter. Finally, PUREfi Wealth LLC lifted its holdings in shares of Intuit by 4.5% in the third quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock worth $252,000 after buying an additional 16 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Management actions: Intuit suspended executive automated stock‑sale plans and accelerated its share‑repurchase program, a clear signal management views the shares as undervalued and is returning capital to shareholders. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
- Positive Sentiment: Management tone vs. AI disruption: Intuit publicly pushed back on AI “disruption” narratives, arguing customers buy confidence and regulated outcomes (helping defend TurboTax/QuickBooks pricing and retention). This reduces a key narrative that has weighed on software valuations. Why Intuit says it is insulated from AI disruption
- Neutral Sentiment: Analyst note: BNP Paribas Exane upgraded INTU from underperform to neutral with a $463 target — a modest endorsement but not a strong upward revision of expectations. Intuit (NASDAQ:INTU) Stock Rating Upgraded by BNP Paribas Exane
- Neutral Sentiment: Seasonal demand/marketing: TurboTax promotions and tax‑season deals are in market, supporting near‑term consumer adoption but unlikely to materially change long‑term growth dynamics. TurboTax deals: Tax day is almost here!
- Negative Sentiment: Policy risk: The proposed “Direct File Act of 2026” (Sen. Warren) would create a free government direct‑file option — a structural threat to paid tax‑prep volumes and margins if enacted and broadly adopted. This is a material long‑term regulatory risk for TurboTax. New Bill: Senator Elizabeth Warren introduces S. 3948: Direct File Act of 2026
- Negative Sentiment: Competitive pressure: Xendoo / Xero partnerships and migration tools targeting QuickBooks users highlight growing alternatives for SMB accounting — a risk to QuickBooks desktop migration momentum and pricing power. Q2X, Powered by Xendoo, Selected as Xero’s Preferred Migration Partner as Demand Surges for QuickBooks Alternative
- Negative Sentiment: Sector headwinds: Credit market moves show CLO managers reducing software exposures amid AI fears — broader sentiment and funding stress in software debt can amplify multiples compression even for higher‑quality names. Analysis-Debt investors offloading exposure to software companies is latest sign of pain
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Intuit
Intuit Price Performance
INTU stock opened at $459.28 on Wednesday. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70. The firm has a market capitalization of $127.01 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.26. The company has a fifty day simple moving average of $474.92 and a two-hundred day simple moving average of $596.84. 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 – Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates 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%. The business’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period in the previous 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. Analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.
Intuit Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.
Insider Buying and Selling
In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 120,501 shares of company stock valued at $79,983,892. 2.49% of the stock is currently owned by company insiders.
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.
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