Jefferies Financial Group Inc. Invests $414,000 in Intuit Inc. $INTU

Jefferies Financial Group Inc. bought a new position in Intuit Inc. (NASDAQ:INTU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,585 shares of the software maker’s stock, valued at approximately $414,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Rakuten Investment Management Inc. increased its position in shares of 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 acquiring an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Intuit by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after acquiring an additional 471,451 shares in the last quarter. Vestcor Inc boosted its stake in Intuit by 79.1% in the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the period. Janney Montgomery Scott LLC boosted its stake in Intuit by 119.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after purchasing an additional 47,148 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its position in Intuit by 13.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock worth $39,728,000 after purchasing an additional 6,999 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was 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 in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,146 shares of company stock worth $662,666 over the last three months. 2.49% of the stock is owned by company insiders.

Intuit Trading Up 0.3%

NASDAQ:INTU opened at $359.30 on Tuesday. The stock’s 50 day moving average price is $309.39 and its 200 day moving average price is $355.69. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $705.08. The company has a market capitalization of $98.28 billion, a P/E ratio of 21.78, a P/E/G ratio of 0.92 and a beta of 0.97. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51.

Intuit (NASDAQ:INTU) last posted its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the previous year, the company earned $2.75 earnings per share. The company’s revenue 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, research analysts forecast that Intuit Inc. will post 23.07 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.5%. This is an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio is 29.09%.

Analyst Ratings Changes

Several analysts have issued reports on INTU shares. Rothschild & Co Redburn cut their target price on shares of Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday, June 2nd. Oppenheimer decreased their target price on Intuit from $406.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, August 26th. Citigroup lowered their price target on Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Mizuho dropped their price target on Intuit from $500.00 to $430.00 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Finally, Stifel Nicolaus set a $300.00 price objective on Intuit in a research note on Wednesday, August 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intuit presently has an average rating of “Hold” and an average price target of $434.68.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could improve product discovery, deliver personalized financial insights and expand Intuit’s AI distribution. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Coverage comparing Intuit with PayPal highlighted Intuit’s broad financial-software ecosystem and AI strategy as potential long-term growth drivers. The company’s profitability and market position remain attractive to growth investors. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Positive Sentiment: Intuit’s new AI-powered mid-market financial-management tools could strengthen QuickBooks’ value proposition and support additional monetization opportunities. Intuit unveils AI-powered innovations for mid-market financial management
• Neutral Sentiment: Analysts remain cautiously bullish, but Intuit has substantially underperformed the Nasdaq over the past year and is trading near its 52-week low, reflecting continued concerns about growth expectations. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class-action lawsuit and a September 8 lead-plaintiff deadline for investors who purchased INTU shares between February 25, 2025, and June 1, 2026. The notices allege investor losses tied to disclosures about TurboTax growth; they add reputational and potential legal-risk concerns, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares for approximately $314,000, representing more than one-third of the executive’s direct holdings. Insider selling during a period of share-price weakness may weigh on sentiment, even though one transaction does not establish a broader trend. Intuit Executive Sells Shares

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.