Keel Point LLC Has $1.85 Million Stock Position in Intuit Inc. $INTU

Keel Point LLC lowered its stake in Intuit Inc. (NASDAQ:INTU) by 46.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,715 shares of the software maker’s stock after selling 2,320 shares during the quarter. Keel Point LLC’s holdings in Intuit were worth $1,854,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mirabella Financial Services LLP boosted its holdings in shares of Intuit by 9.9% in the third quarter. Mirabella Financial Services LLP now owns 2,161 shares of the software maker’s stock worth $1,476,000 after buying an additional 194 shares during the period. Farmers National Bank increased its position in shares of Intuit by 14.1% in the third quarter. Farmers National Bank now owns 380 shares of the software maker’s stock worth $260,000 after acquiring an additional 47 shares in the last quarter. Hudson Bay Capital Management LP raised its holdings in shares of Intuit by 106.6% during the third quarter. Hudson Bay Capital Management LP now owns 512 shares of the software maker’s stock valued at $350,000 after acquiring an additional 8,212 shares during the period. Saranac Partners Ltd lifted its position in shares of Intuit by 23.1% in the 3rd quarter. Saranac Partners Ltd now owns 665 shares of the software maker’s stock valued at $454,000 after acquiring an additional 125 shares in the last quarter. Finally, Severin Investments LLC lifted its position in shares of Intuit by 8.0% in the 3rd quarter. Severin Investments LLC now owns 909 shares of the software maker’s stock valued at $621,000 after acquiring an additional 67 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Down 2.7%

Intuit stock opened at $446.79 on Thursday. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market cap of $123.56 billion, a PE ratio of 28.94, a P/E/G ratio of 1.85 and a beta of 1.26. The firm’s 50 day moving average price is $470.83 and its two-hundred day moving average price is $595.79.

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

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a dividend of $1.20 per share. The ex-dividend date of this dividend 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 presently 31.09%.

Analyst Upgrades and Downgrades

INTU has been the topic of several research analyst reports. Northcoast Research upgraded shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price objective on the stock in a research report on Friday, March 6th. UBS Group reduced their target price on Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Scotiabank set a $575.00 target price on Intuit in a research report on Friday, March 6th. Susquehanna lowered their price target on Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a report on Tuesday, February 24th. Finally, Guggenheim set a $633.00 price target on Intuit in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management halted planned insider stock sales and increased buybacks, reducing near-term share supply and signaling confidence from leadership. Intuit leaders cancel stock sales Intuit steps up share buybacks
• Positive Sentiment: Broker support: BNP Paribas Exane upgraded Intuit and Wall Street analysts remain generally constructive, which can help sentiment and buying interest. Intuit Stock Rating Upgraded by BNP Paribas Exane Wall Street Analysts See Intuit (INTU) as a Buy
• Neutral Sentiment: Seasonal promotions for TurboTax (tax-season deals) may help near-term consumer demand but are unlikely to change the longer-term revenue trajectory materially. TurboTax deals: Tax day is almost here!
• Neutral Sentiment: Company messaging: Intuit is publicly pushing back against AI disruption narratives—arguing customers “buy confidence” rather than software—an attempt to calm investors but not an immediate earnings catalyst. Why Intuit says it is insulated from AI disruption
• Negative Sentiment: QuickBooks Desktop sunset is accelerating and rivals (notably Xero via Xendoo/Q2X) are actively targeting migrations; this raises retention and market-share risk for Intuit’s small-business franchise. Intuit Desktop Exit Tests Customer Loyalty
• Negative Sentiment: Policy risk: Senator Warren’s Direct File Act would create a free government-run tax filing option, a longer-term structural threat to TurboTax revenue if enacted and adopted. This is a headline risk investors are watching. Direct File Act of 2026 (QuiverQuant)
• Negative Sentiment: Sector/credit pressure and AI fears: software names have been under pressure from AI disruption concerns and debt-market de-risking, which is spilling over to Intuit despite its earnings strength—investors are repricing growth and risk across the group. Analysis: Debt investors offloading exposure to software

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 120,501 shares of company stock worth $79,983,892. 2.49% of the stock is owned by company insiders.

Intuit 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.