7,913 Intuit Inc. $INTU Shares Sold by Cyndeo Wealth Partners LLC

Key Points

• Cyndeo Wealth Partners cut its Intuit stake by 88.2% in the third quarter, selling 7,913 shares and retaining 1,061 shares valued at approximately $293,000. Institutional investors still own 83.66% of Intuit’s outstanding stock.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $431.55. Intuit shares recently opened at $325.15, well below their 52-week high of $689.17.
• Intuit reported quarterly EPS of $4.03 and revenue of $4.35 billion, beating estimates, while revenue rose 13.7% year over year. The company also raised its quarterly dividend to $1.38 per share, or $5.52 annually, yielding about 1.7%.

Cyndeo Wealth Partners LLC lessened its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 88.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,061 shares of the software maker's stock after selling 7,913 shares during the period. Cyndeo Wealth Partners LLC's holdings in Intuit were worth $293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTU. Fiduciary Financial Advisors purchased a new stake in shares of Intuit during the second quarter valued at about $25,000. Sankala Group LLC purchased a new position in shares of Intuit in the 4th quarter worth approximately $40,000. Whipplewood Advisors LLC purchased a new position in shares of Intuit in the 1st quarter worth approximately $30,000. HHM Wealth Advisors LLC grew its position in shares of Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker's stock worth $30,000 after buying an additional 30 shares during the last quarter. Finally, CrossGen Wealth LLC bought a new position in shares of Intuit during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 83.66% of the company's stock.

Wall Street Analyst Weigh In

INTU has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut shares of Intuit from an "overweight" rating to a "neutral" rating and decreased their target price for the company from $605.00 to $331.00 in a research report on Wednesday, August 26th. Citigroup lowered their target price on shares of Intuit from $591.00 to $457.00 and set a "buy" rating for the company in a research note on Thursday, August 13th. UBS Group reaffirmed a "neutral" rating on shares of Intuit in a report on Friday, September 18th. The Goldman Sachs Group reaffirmed a "sell" rating on shares of Intuit in a research report on Thursday, September 24th. Finally, Wolfe Research lowered Intuit from an "outperform" rating to a "peer perform" rating in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Intuit presently has a consensus rating of "Hold" and a consensus price target of $431.55.

Intuit Price Performance

Shares of NASDAQ INTU opened at $325.15 on Monday. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $689.17. The company has a market cap of $86.89 billion, a PE ratio of 19.71, a P/E/G ratio of 0.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. The business has a 50-day simple moving average of $321.16 and a two-hundred day simple moving average of $327.91.

Intuit (NASDAQ:INTU - Get Free Report) last posted 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. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities analysts expect that Intuit Inc. will post 23.02 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit's previous quarterly dividend of $1.20. Intuit's dividend payout ratio (DPR) is currently 33.45%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
• Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
• Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
• Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
• Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Insider Buying and Selling

In other Intuit news, Director Richard Dalzell sold 285 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the firm'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 transaction, the chief accounting officer directly owned 1,628 shares of the company's stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.49% of the company's stock.

About Intuit

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company's principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.