Montag A & Associates Inc. Sells 3,441 Shares of Intuit Inc. $INTU

Montag A & Associates Inc. decreased its position in shares of Intuit Inc. (NASDAQ:INTU) by 22.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,143 shares of the software maker’s stock after selling 3,441 shares during the period. Montag A & Associates Inc.’s holdings in Intuit were worth $5,250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in INTU. Vanguard Group Inc. boosted its holdings in shares of Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock valued at $19,156,152,000 after purchasing an additional 296,448 shares in the last quarter. State Street Corp raised its holdings in shares of Intuit by 1.4% during the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after buying an additional 180,069 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Intuit by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after buying an additional 87,451 shares during the last quarter. Morgan Stanley boosted its stake in Intuit by 1.2% in the fourth quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after buying an additional 60,910 shares in the last quarter. Finally, Norges Bank acquired a new stake in Intuit in the fourth quarter valued at about $3,058,407,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Shares rose as traders favored software stocks over high-flying semiconductors, and Intuit benefited from the broader risk-on move in the group. Atlassian and Intuit Shares Skyrocket, What You Need To Know
• Positive Sentiment: Citi reportedly kept a buy rating on Intuit (INTU), arguing that the recent decline has created an attractive entry point and that analysts still see meaningful upside over the next 12 months. Citi Remains a Buy on Intuit (INTU) Despite 8% Decline Over the Past Month
• Positive Sentiment: Intuit’s recent earnings and guidance remain supportive in the background, with the company having previously beaten expectations and raised forward outlooks, which helps reinforce the long-term growth case. Here are Wall Street analysts’ top S&P 500 stocks for the second half of 2026
• Neutral Sentiment: Media coverage of CFO Sandeep Aujla and general “best stocks” lists may support visibility, but these items are not direct fundamentals catalysts for the stock. Intuit CFO Sandeep Aujla on the power of possibility
• Negative Sentiment: Earlier reports highlighted pressure from valuation concerns, AI disruption fears, and analyst downgrades tied to Intuit’s pricing strategy, which likely contributed to the stock’s recent weakness before today’s rebound. Intuit (INTU) Faces Downgrades As Pricing Risks And AI Shift Raise New Doubts

Intuit Stock Performance

Intuit stock opened at $281.17 on Wednesday. The business has a 50 day moving average of $321.31 and a 200-day moving average of $426.73. The company has a market capitalization of $76.91 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.00 and a beta of 1.00. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the firm posted $11.65 EPS. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, equities research analysts predict that Intuit Inc. will post 18.19 earnings per share for the current year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Insider Activity

In related news, Director Vasant M. Prabhu purchased 1,250 shares of Intuit stock in a transaction on 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 owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the sale, the director directly owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,239 shares of company stock worth $348,354 over the last ninety days. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on INTU. Mizuho dropped their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a report on Tuesday, May 26th. Susquehanna decreased their price target on shares of Intuit from $640.00 to $550.00 and set a “positive” rating on the stock in a report on Friday, May 22nd. Wolfe Research reiterated an “outperform” rating and set a $400.00 price objective on shares of Intuit in a research report on Thursday, May 21st. HSBC cut their target price on shares of Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada decreased their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $498.40.

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.