Cohen Investment Advisors LLC Sells 6,424 Shares of Intuit Inc. $INTU

Key Points

• Cohen Investment Advisors cut its Intuit position by 86.2% in the third quarter, selling 6,424 shares and retaining 1,028 shares valued at approximately $283,000. Institutional investors collectively own 83.66% of Intuit.
• Analyst sentiment is mixed, with a consensus rating of “Hold” from 31 analysts and an average price target of $431.55. Recent targets range from $300 to $385, while Intuit shares opened at $335.29.
• Intuit reported quarterly EPS of $4.03, beating estimates of $3.58, while revenue rose 13.7% year over year to $4.35 billion. The company also increased its quarterly dividend to $1.38, or $5.52 annually, representing a 1.6% yield.

Cohen Investment Advisors LLC decreased its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 86.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,028 shares of the software maker's stock after selling 6,424 shares during the quarter. Cohen Investment Advisors LLC's holdings in Intuit were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. XXEC Inc. purchased a new position in shares of Intuit in the second quarter valued at $436,740,000. BlackRock Inc. bought a new stake in shares of Intuit during the 2nd quarter valued at $6,851,859,000. Corient Private Wealth LP bought a new stake in shares of Intuit during the 2nd quarter valued at $40,545,000. Arrowstreet Capital Limited Partnership lifted its holdings in Intuit by 102.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker's stock worth $1,684,795,000 after purchasing an additional 1,972,719 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Intuit by 6.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker's stock worth $870,260,000 after purchasing an additional 215,814 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company's stock.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 285 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares of the company's stock, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 that occurred 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 owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.49% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on INTU. Royal Bank Of Canada restated an "outperform" rating and issued a $385.00 target price on shares of Intuit in a research note on Friday, October 2nd. Weiss Ratings reiterated a "sell (d+)" rating on shares of Intuit in a research report on Tuesday, September 8th. Truist Financial reiterated a "hold" rating and set a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. Morgan Stanley lowered their price target on shares of Intuit from $335.00 to $315.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 26th. Finally, TD Cowen restated a "hold" rating and issued a $346.00 price objective on shares of Intuit in a research report on Friday, September 18th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $431.55.

Intuit Trading Up 3.0%

Intuit stock opened at $335.29 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $689.17. The stock has a market cap of $89.60 billion, a P/E ratio of 17.78, a PEG ratio of 0.95 and a beta of 1.01. The firm's fifty day moving average price is $320.96 and its 200-day moving average price is $326.52.

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. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same quarter last year, the company earned $2.75 earnings per share. The firm's quarterly revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts forecast that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from Intuit's previous quarterly dividend of $1.20. Intuit's payout ratio is 33.45%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched Credit Karma Tax, offering free federal tax filing, faster refunds and AI-powered financial assistance. The service could increase engagement across Credit Karma and create additional opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
• Positive Sentiment: Investor attention also remains focused on Intuit’s planned acquisition of Sequence, an AI-native revenue-management platform. The deal is intended to automate complex billing workflows and strengthen Intuit’s mid-market enterprise-resource-planning offerings, supporting its broader AI growth strategy. Intuit to Acquire Sequence
• Positive Sentiment: Intuit expanded its partnership with accounting firm Aprio to accelerate AI-powered advisory and accounting services for mid-market businesses. Separately, Intuit’s global rollout of Intuit Intelligence is adding automation, reporting and workflow tools to QuickBooks and Accountant Suite, reinforcing the company’s effort to monetize AI across its installed base. Aprio Broadens Its AI-Powered Advisory Partnership with Intuit
• Neutral Sentiment: Credit Karma revenue grew 20% to $2.64 billion in fiscal 2026, but analysts noted that personal loans and credit cards still account for most of the segment’s business. Insurance and other offerings could diversify growth, although tighter lending standards remain a risk. Can Credit Karma Grow Beyond the Lending Cycle?
• Positive Sentiment: Wall Street’s consensus price target implies roughly 26% potential upside, while upward earnings-estimate revisions provide an additional near-term catalyst. Analysts caution that price targets alone are not reliable predictors. Wall Street Analysts Think Intuit Could Surge 26.36%

Intuit Profile

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.

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