11,894 Shares in Intuit Inc. $INTU Bought by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC bought a new position in Intuit Inc. (NASDAQ:INTU - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,894 shares of the software maker's stock, valued at approximately $3,104,000.

Several other hedge funds also recently made changes to their positions in INTU. Joseph Group Capital Management purchased a new position in shares of Intuit in the fourth quarter worth $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit in the fourth quarter worth $25,000. HHM Wealth Advisors LLC increased its stake in shares of Intuit by 75.0% in the first 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 period. Whipplewood Advisors LLC purchased a new position in shares of Intuit in the first quarter worth $30,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Intuit in the first quarter worth $32,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

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 help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Wall Street Analyst Weigh In

Several research analysts recently commented on INTU shares. Mizuho decreased their target price on shares of Intuit from $500.00 to $430.00 and set an "outperform" rating on the stock in a research note on Monday, August 17th. Freedom Capital downgraded shares of Intuit from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 21st. BNP Paribas Exane reduced their price objective on shares of Intuit from $463.00 to $315.00 and set a "neutral" rating on the stock in a research report on Thursday, May 21st. TD Cowen reissued a "buy" rating on shares of Intuit in a research report on Tuesday, August 18th. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Intuit in a research report on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $434.68.

Intuit Trading Up 0.4%

Intuit stock traded up $1.34 during mid-day trading on Monday, reaching $359.40. 1,871,193 shares of the company traded hands, compared to its average volume of 4,382,581. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45. The firm's 50 day moving average price is $307.36 and its 200 day moving average price is $356.13. The firm has a market capitalization of $98.31 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 0.92 and a beta of 0.97. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $705.08.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data 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. The business 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 quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.75 EPS. 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, analysts anticipate that Intuit Inc. will post 23.07 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be given a $1.38 dividend. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Intuit's previous quarterly dividend of $1.20. Intuit's payout ratio is currently 33.45%.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 284 shares of the company's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director directly owned 11,758 shares of the company's stock, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the company's stock in a transaction dated 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 directly owned 1,628 shares in the company, valued at $564,167.12. This represents 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 ninety days. 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, 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.