Roundview Capital LLC Lowers Holdings in Intuit Inc. $INTU

Roundview Capital LLC trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 34.7% in the 4th quarter, HoldingsChannel reports. The fund owned 3,420 shares of the software maker’s stock after selling 1,820 shares during the quarter. Roundview Capital LLC’s holdings in Intuit were worth $2,265,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. NEOS Investment Management LLC raised its holdings in shares of Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after buying an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co raised its holdings in shares of Intuit by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after buying an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC purchased a new stake in shares of Intuit in the 3rd quarter valued at $1,465,000. Crossmark Global Holdings Inc. raised its holdings in shares of Intuit by 15.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in shares of Intuit by 50.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after buying an additional 10,661 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America restarted coverage on Intuit with a Buy rating and $400 target, citing AI tailwinds, strong margins, and durable competitive positioning. Article: Intuit seen benefitting from AI tailwinds, says Bank of America
• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares, a potentially bullish insider signal after the stock’s steep decline. Article: SEC Form 4 filing
• Positive Sentiment: Analyst commentary continues to describe Intuit as a long-term value/growth opportunity, pointing to TurboTax strength, TurboTax Live momentum, and AI-driven product expansion. Article: TurboTax’s Strong FY26 Run
• Neutral Sentiment: Several firms lowered price targets after the recent pullback, but most still kept bullish ratings, suggesting the selloff may be more about valuation and short-term concerns than a collapse in fundamentals. Article: Daiwa Securities adjusts price target
• Negative Sentiment: Intuit is facing investor scrutiny over alleged pricing issues, with multiple law firms launching investigations that could add headline risk and pressure sentiment. Article: Intuit pricing issues investigation
• Negative Sentiment: The company’s mass-layoff notice in California and Nevada underscores a significant restructuring, which may worry investors even as management pursues an AI-focused turnaround. Article: Intuit files notice for mass layoffs

Intuit Stock Performance

Shares of INTU stock opened at $307.73 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average price of $395.64 and a 200 day moving average price of $502.04. The company has a market cap of $84.18 billion, a P/E ratio of 18.64, a PEG ratio of 1.18 and a beta of 1.04. Intuit Inc. has a 12 month low of $300.50 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results 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 company had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Sell-side analysts predict that Intuit Inc. will post 17.49 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Vasant M. Prabhu bought 1,250 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the transaction, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on INTU. Scotiabank set a $575.00 price objective on Intuit in a report on Friday, March 6th. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and increased their target price for the stock from $670.00 to $700.00 in a report on Tuesday, March 10th. Guggenheim set a $633.00 target price on shares of Intuit in a report on Monday, March 16th. Jefferies Financial Group reduced their target price on shares of Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Finally, Northcoast Research reduced their target price on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Twenty-four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and a consensus target price of $525.65.

Intuit Company 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.