Tandem Investment Advisors Inc. Purchases 53,315 Shares of Intuit Inc. $INTU

Tandem Investment Advisors Inc. lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 62.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,240 shares of the software maker’s stock after purchasing an additional 53,315 shares during the quarter. Intuit accounts for about 3.4% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 16th biggest position. Tandem Investment Advisors Inc.’s holdings in Intuit were worth $92,235,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the first quarter valued at $785,564,000. Sivia Capital Partners LLC increased its stake in Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its position in Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Performance

Shares of Intuit stock opened at $319.94 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.32. The business has a fifty day simple moving average of $401.25 and a two-hundred day simple moving average of $506.95. Intuit Inc. has a 1 year low of $302.36 and a 1 year high of $813.70. The company has a market capitalization of $87.52 billion, a price-to-earnings ratio of 19.38, a P/E/G ratio of 1.29 and a beta of 1.04.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts forecast that Intuit Inc. will post 17.49 EPS for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 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 1.5%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is currently 29.07%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts remain broadly bullish on Intuit, with several recent reports highlighting the stock as a buy and noting that its long-term growth story is still intact. Do Wall Street Analysts Like Intuit Stock?
• Positive Sentiment: Multiple articles pointed to Intuit’s strong growth profile, and analysts continue to view the company as attractive for both growth and value investors versus peers like Microsoft. 3 Reasons Why Growth Investors Shouldn’t Overlook Intuit (INTU)
• Positive Sentiment: TipRanks also listed Intuit among this week’s top analyst picks, reinforcing that Wall Street still sees upside from current levels. 3 Best Stocks to Buy This Week, According to Analysts – May 25-May 29
• Neutral Sentiment: Intuit’s latest quarter beat estimates and management raised full-year guidance, which should support the long-term thesis, but that good news was not enough to stop the stock from selling off. Why Intuit Stock Plummeted This Week
• Neutral Sentiment: Recent commentary suggests investors are still debating whether the post-earnings decline has created a buying opportunity or reflects deeper concerns about pricing pressure and tax-product competition. Intuit Stock (INTU) Opinions on Post-Earnings Stock Decline
• Negative Sentiment: A new shareholder investigation into possible misstatements about pricing issues adds legal overhang and could weigh on sentiment near term. $INTU Shareholder Announcement: Intuit may have Misled Investors about its Pricing Issues – Contact BFA Law about its Pending Investigation
• Negative Sentiment: Coverage over the weekend emphasized that Intuit has sharply underperformed the market despite better-than-expected earnings, suggesting investor skepticism remains high after the post-report drop. Why Intuit Stock Plummeted This Week

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on INTU. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Argus dropped their price objective on Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday. UBS Group decreased their target price on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Barclays lowered their target price on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Evercore cut their price target on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday. Twenty-four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $546.29.

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.