Intuit Inc. $INTU Holdings Lessened by Doliver Advisors LP

Doliver Advisors LP trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 40.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,073 shares of the software maker’s stock after selling 2,098 shares during the quarter. Doliver Advisors LP’s holdings in Intuit were worth $847,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rakuten Investment Management Inc. increased its position in Intuit by 522.3% in the fourth quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock worth $34,852,000 after buying an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Intuit by 20.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after buying an additional 471,451 shares during the period. Vestcor Inc lifted its position in shares of Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after buying an additional 9,148 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Intuit by 119.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock valued at $37,452,000 after buying an additional 47,148 shares in the last quarter. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Intuit during the 2nd quarter valued at approximately $1,643,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on INTU shares. Morgan Stanley decreased their target price on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Wells Fargo & Company reduced their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Piper Sandler raised their price objective on shares of Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday, August 26th. Mizuho restated an “outperform” rating and set a $430.00 target price on shares of Intuit in a research note on Friday, September 18th. Finally, JPMorgan Chase & Co. downgraded shares of Intuit from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $605.00 to $331.00 in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $431.55.

Insider Activity

In related news, Director Richard L. Dalzell sold 285 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the sale, the director directly owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.49% of the stock is owned by corporate insiders.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Expanded NFL partnership supports AI marketing strategy. Intuit renewed its NFL partnership through 2030 and plans to use the league’s estimated 400 million-fan reach to promote Intuit Intelligence and its broader financial-management platform. The partnership could improve brand awareness and support adoption of QuickBooks, TurboTax and other products. Intuit Expands NFL Partnership to Boost Intuit Intelligence Reach
• Positive Sentiment: Growth strategy targets more customers. Intuit is emphasizing lower-cost entry points, sharper pricing and AI features in fiscal 2027 to accelerate customer growth across QuickBooks and TurboTax. If successful, the strategy could increase recurring revenue and expand the company’s addressable market. Intuit Targets Faster Customer Growth: Can Its Strategy Deliver?
• Positive Sentiment: Analyst valuation remains supportive. Intuit has a reported consensus price target of $431.55, implying substantial upside from recent trading levels. Commentary also highlights the company’s recurring revenue, earnings leverage and relatively lower forward valuation compared with some fintech peers. Intuit Consensus Price Target
• Positive Sentiment: Broader technology-sector rebound provided a trading catalyst. Enterprise software stocks led a recovery in technology shares, with Intuit among the software names posting gains. This suggests part of the move reflects improved sentiment toward the software sector rather than company-specific news alone. Software Stocks Lead a Rebound
• Neutral Sentiment: Intuit’s expanded IDEAS accelerator, including an LA28 Olympics cohort and a rural-business program, may strengthen its small-business pipeline, though the near-term financial impact is uncertain. Intuit Expands IDEAS Accelerator
• Negative Sentiment: The accelerated customer-growth plan relies on pricing changes and increased AI adoption, creating execution risk. Lower-cost offerings could also pressure near-term average revenue per customer before higher subscriber volumes offset the effect.

Intuit Price Performance

INTU stock traded up $7.07 during midday trading on Thursday, hitting $282.78. The company’s stock had a trading volume of 4,039,304 shares, compared to its average volume of 4,303,309. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $75.57 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 0.78 and a beta of 0.98. The company has a 50 day moving average of $324.38 and a two-hundred day moving average of $339.80.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter last year, the business posted $2.75 earnings per share. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, analysts expect that Intuit Inc. will post 23.01 EPS for the current year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is presently 33.45%.

About Intuit

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.