Sendero Wealth Management LLC Cuts Stake in Intuit Inc. $INTU

Sendero Wealth Management LLC lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,870 shares of the software maker’s stock after selling 1,582 shares during the quarter. Intuit accounts for 0.9% of Sendero Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position. Sendero Wealth Management LLC’s holdings in Intuit were worth $7,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit during the 2nd quarter valued at about $28,000. Total Investment Management Inc. acquired a new position in Intuit during the 2nd quarter worth approximately $33,000. Kilter Group LLC purchased a new position in Intuit in the 2nd quarter worth approximately $35,000. MTM Investment Management LLC grew its position in Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after acquiring an additional 27 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in Intuit in the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Trading Up 1.3%

Shares of NASDAQ INTU opened at $432.55 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average price is $450.81 and its two-hundred day moving average price is $586.94. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The stock has a market capitalization of $119.62 billion, a P/E ratio of 28.01, a PEG ratio of 1.72 and a beta of 1.26.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping 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 analyst estimates of $4.53 billion. During the same quarter last year, the firm earned $3.32 EPS. The business’s revenue 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. On average, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

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

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Retail and research interest has spiked for Intuit recently—higher search and engagement can draw incremental flows and amplify short-term demand. Investors Heavily Search Intuit Inc. (INTU)
• Positive Sentiment: Comparisons with peers highlight Intuit’s AI-driven ecosystem (QuickBooks, TurboTax) as a competitive edge vs. other fintech/software names — a narrative investors favor for durable revenue/monetization. Block vs Intuit: Which Fintech Stock is the Better Buy Now?
• Neutral Sentiment: Analyst notes show Intuit’s “investment story” is shifting: modest upward tweaks to fair value and strong AI hopes are tempered by questions on competition and how much upside remains in guidance. This is background for longer-term positioning rather than an immediate trigger. How The Intuit (INTU) Investment Story Is Shifting With AI Hopes And Valuation Reset
• Neutral Sentiment: Valuation analyses highlight recent volatility (mixed short- and medium-term returns) — investors are debating whether recent gains reflect a durable re-rate or a short-lived momentum move. Assessing Intuit (INTU) Valuation After Recent Share Price Swings And Undervaluation Debate
• Neutral Sentiment: Tax-refund coverage notes mixed signals on refund sizes this year—any material downside to refund volumes could pressure TurboTax seasonality, but headlines say outcomes may differ from expectations. Monitor seasonality/filing trends. Most Americans Expect Lower Tax Refunds in 2026 — but Here’s Why Many Will Get More
• Negative Sentiment: Broader software-sector weakness and rotation in the AI era has pressured many software names; analysts urge more selective picks — this macro/sector pressure can cap multiple expansion for Intuit even if fundamentals remain solid. Software Stocks Fall, Hardware Falls Harder. What to Know in the Stock Market’s AI Era.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,403 shares of company stock worth $79,242,742 in the last ninety days. 2.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays reissued an “overweight” rating and set a $540.00 target price on shares of Intuit in a research report on Monday, March 16th. Wolfe Research set a $550.00 price target on shares of Intuit and gave the stock an “outperform” rating in a research note on Thursday, March 12th. Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Stifel Nicolaus decreased their price objective on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Finally, Rothschild & Co Redburn upgraded Intuit from a “neutral” rating to a “buy” rating and raised their target price for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $638.06.

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.