Triad Investment Management Acquires New Stake in Intuit Inc. $INTU

Triad Investment Management bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,793 shares of the software maker’s stock, valued at approximately $2,513,000. Intuit makes up approximately 2.5% of Triad Investment Management’s portfolio, making the stock its 20th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Intuit by 3.3% during the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after purchasing an additional 914,024 shares during the period. State Street Corp boosted its stake in shares of Intuit by 1.2% in the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock valued at $8,797,779,000 after purchasing an additional 158,456 shares during the period. Invesco Ltd. boosted its stake in shares of Intuit by 7.8% in the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock valued at $2,565,810,000 after purchasing an additional 271,407 shares during the period. Northern Trust Corp grew its holdings in shares of Intuit by 4.8% in the third quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock valued at $2,356,040,000 after purchasing an additional 158,843 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after purchasing an additional 1,295,199 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Stock Down 1.5%

Shares of NASDAQ:INTU opened at $425.87 on Thursday. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The firm’s 50 day moving average price is $442.00 and its 200 day moving average price is $579.84. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock has a market cap of $117.77 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 1.74 and a beta of 1.21.

Intuit (NASDAQ:INTU) last posted its quarterly 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 net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the previous year, the business posted $3.32 EPS. The firm’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. As a group, equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

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

Insiders Place Their Bets

In other news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated 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 approximately $337,390.56. This trade represents a 71.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $26,654,100.00. Following the sale, 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 SEC filing for this sale provides additional information. Insiders sold 43,001 shares of company stock valued at $27,798,928 in the last ninety days. Insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts remain broadly bullish on INTU—several pieces name Intuit among top short‑term buy ideas and note recent quarterly results beat expectations, underpinning buy ratings. Why Analysts Remain Bullish On Intuit Inc. (INTU)
• Positive Sentiment: Strategic partnerships: Intuit is embedding AI and flexible payments via deals (including work with Anthropic and Affirm) aimed at boosting product automation, retention and mid‑market monetization—growth levers investors care about. Intuit’s Strategic Partnerships: Will They Drive Future Growth?
• Positive Sentiment: Market positioning: industry research highlights QuickBooks/Intuit as a dominant cloud accounting platform for startups—reinforces TAM leadership in a growing cloud accounting services market. U.S. Accounting Services for Start-ups Market 2026-2033
• Positive Sentiment: Corporate partnerships & talent pipeline: Intuit is partnering with universities (e.g., Marshall University cyber center) and supporting small‑business grant initiatives—these strengthen hiring, security capabilities and SMB goodwill. Marshall University Partners With Intuit for Cyber Center Small-business grants you can apply for in April 2026
• Neutral Sentiment: Leadership & culture profile: WSJ feature on CEO hiring philosophy (focus on grit/“pain and suffering” vs. pedigree) offers color on talent strategy—useful for long‑term governance, but not an immediate stock driver. Why Intuit’s CEO Hires for ‘Pain and Suffering’ Over Pedigree
• Neutral Sentiment: Brand exposure: local events at the Intuit Dome (e.g., Trail Blazers game) raise consumer/business awareness but are unlikely to move fundamentals. TST Images: Trail Blazers defeat Clippers,114-104, at Intuit Dome
• Neutral Sentiment: Unrelated market coverage (Circle/USDC) appeared in the feed but does not directly affect Intuit’s core business. Circle’s USDC Growth Fuels Reserve Income
• Negative Sentiment: Price‑target trim—some firms (e.g., Freedom Capital Markets) trimmed Intuit’s target (from $820 to $600) even while keeping Buy ratings; lower targets and valuation concerns can feed short‑term selling pressure. Why Analysts Remain Bullish On Intuit Inc. (INTU) – InsiderMonkey

Analyst Upgrades and Downgrades

A number of research firms have issued reports on INTU. Truist Financial started coverage on shares of Intuit in a report on Tuesday, January 6th. They set a “buy” rating and a $739.00 target price on the stock. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a research report on Sunday, February 22nd. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. Royal Bank Of Canada cut their price objective on Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Finally, BMO Capital Markets decreased their target price on Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.