Bryn Mawr Trust Advisors LLC Buys Shares of 11,894 Intuit Inc. $INTU

Bryn Mawr Trust Advisors LLC purchased a new stake in Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,894 shares of the software maker’s stock, valued at approximately $3,104,000.

A number of other hedge funds have also modified their holdings of the business. Joseph Group Capital Management acquired a new position in shares of Intuit in the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Intuit in the 4th quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. acquired a new stake in Intuit in the 3rd quarter valued at approximately $33,000. Birchwood Financial Partners Inc. purchased a new stake in Intuit in the fourth quarter valued at approximately $33,000. Finally, Sankala Group LLC purchased a new stake in Intuit in the fourth quarter valued at approximately $40,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTU has been the subject of several research analyst reports. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Barclays cut their price objective on Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Wolfe Research restated an “outperform” rating and set a $400.00 target price on shares of Intuit in a report on Thursday, May 21st. Oppenheimer dropped their target price on Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, BMO Capital Markets cut their price target on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Nineteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $456.90.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its Intuit Intelligence platform with conversational AI and additional capabilities for QuickBooks Online Advanced and Intuit Enterprise Suite. The initiative targets larger businesses, CFOs and accounting firms and could support growth beyond Intuit’s traditional small-business customer base. Intuit Advances Its Mid-Market Platform With Conversational AI, Enterprise Scale, and Deep Industry Workflows for CFOs and Accounting Firms
• Positive Sentiment: Some recent analyst commentary remains bullish, arguing that Intuit’s core QuickBooks and online ecosystem remain resilient, while TurboTax monetization, Credit Karma synergies and AI adoption could help sustain double-digit growth. Upcoming fiscal-year 2027 guidance and management’s AI strategy are viewed as important catalysts. Intuit: Strong Fundamentals Amid AI Fears Make The Stock Attractive
• Neutral Sentiment: Options pricing implies a wide potential trading range rather than a clear directional signal, suggesting elevated uncertainty and the need for investors to manage position sizes carefully. Intuit’s Options Price A Floor Below Anything The Stock Has Touched In A Year
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers. The complaints allege that the company misled investors about the sustainability of business growth, particularly TurboTax, and failed to disclose competitive and pricing pressures in its tax operations. The allegations have not been proven. Investors in the August 22, 2025–May 20, 2026 class period have until September 8, 2026 to seek lead-plaintiff status. The repeated notices add legal and reputational overhang to the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act

Intuit Stock Down 3.5%

Intuit stock opened at $345.66 on Friday. The firm has a market capitalization of $94.55 billion, a P/E ratio of 20.94, a P/E/G ratio of 1.13 and a beta of 0.97. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a twelve month low of $252.84 and a twelve month high of $721.54. The stock’s fifty day simple moving average is $292.28 and its 200-day simple moving average is $366.05.

Intuit (NASDAQ:INTU) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same period last year, the business posted $11.65 earnings per share. Intuit’s revenue 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. As a group, equities analysts expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.4%. Intuit’s payout ratio is currently 29.07%.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction that occurred on 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 transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, with a total value of $386,812.50. Following the acquisition, the director directly owned 1,250 shares in the company, valued at $386,812.50. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have sold 1,239 shares of company stock valued at $348,354. Corporate insiders own 2.49% of the company’s stock.

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.