Cornerstone Wealth Group LLC Boosts Stock Holdings in Intuit Inc. $INTU

Key Points

• Cornerstone Wealth Group LLC boosted its stake in Intuit by 701.2% in Q4, adding 6,689 shares to hold 7,643 shares valued at about $5.06 million at quarter end.
• Intuit posted a quarter-beating result with EPS of $4.15 versus $3.68 expected and revenue of $4.65B versus $4.53B (revenue +17.4% YoY), and set FY‑2026 EPS guidance of 22.980–23.180.
• While several firms cut price targets, most analysts still rate INTU a buy; the consensus is a Moderate Buy with a consensus target price of $638.06.

Cornerstone Wealth Group LLC boosted its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 701.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,643 shares of the software maker's stock after buying an additional 6,689 shares during the period. Cornerstone Wealth Group LLC's holdings in Intuit were worth $5,063,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. MTM Investment Management LLC grew its position in shares of Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker's stock valued at $32,000 after purchasing an additional 27 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit in the third quarter valued at approximately $33,000. Richardson Financial Services Inc. grew its position in shares of Intuit by 70.0% in the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker's stock valued at $35,000 after purchasing an additional 21 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of Intuit in the third quarter valued at approximately $36,000. Finally, Barnes Dennig Private Wealth Management LLC grew its position in shares of Intuit by 54.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker's stock valued at $36,000 after purchasing an additional 19 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.49% of the company's stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analyst & product-driven growth thesis — coverage highlights Intuit’s AI + human-intelligence (HI) strategy as a driver of higher automation, accuracy and “done-for-you” workflows that can expand monetization across tax, small business and personal finance products. Intuit's AI & HI Integration: Will It Drive Future Growth?
• Positive Sentiment: Buy-the-dip narrative — several value-oriented writeups argue INTU is materially cheaper after a large share-price drawdown despite double‑digit revenue growth and recent earnings beats, encouraging bargain-hunters and contributing to today’s buying pressure. Same Intuit, Half Price. What’s Actually Happening?
• Positive Sentiment: Analyst/idea lists favor Intuit — multiple screeners and “oversold blue chip” lists include INTU, signaling potential institutional interest from value and dividend/quality-focused investors. 5 Oversold Blue Chip Stocks to Buy According to Analysts
• Neutral Sentiment: Relative-value comparisons — pieces weighing INTU vs. peers (e.g., PRGS) highlight valuation trade-offs and growth differentials; useful for positioning but not an immediate catalyst. Same Intuit, Half the Price. What's Actually Going On?
• Neutral Sentiment: Macro consumer signal — a broad survey shows high consumer financial insecurity; this is a mixed signal for Intuit: could boost demand for tax/refund advances and budgeting tools but potentially pressure small-business spending. 78% of Americans Feel Financially Insecure for 2 Key Reasons
• Neutral Sentiment: Policy/bill updates — proposed legislation (e.g., voter-registration requirements for preparers) and ongoing policy debate around tax-filing models may require product/UX updates but are unlikely to shift fundamentals quickly. New Bill: Representative Bonnie Watson Coleman introduces H.R. 8130
• Negative Sentiment: Reputational/regulatory risk resurfaced — investigative reporting recounts how Intuit and competitors lobbied against an IRS pilot (Direct File) that offered free government tax filing, framing a long‑running policy win for incumbents; this could attract regulatory scrutiny and negative headlines, a near‑term headwind to sentiment. How a free tax filing system from the government went from 296,000 users to zero in just one year

Analyst Ratings Changes

INTU has been the subject of a number of analyst reports. Citigroup dropped their price target on Intuit from $803.00 to $649.00 and set a "buy" rating for the company in a research report on Friday, February 27th. TD Cowen restated a "buy" rating on shares of Intuit in a research report on Monday, March 16th. JPMorgan Chase & Co. dropped their price target on Intuit from $750.00 to $605.00 and set an "overweight" rating for the company in a research report on Friday, February 27th. Wall Street Zen upgraded Intuit from a "hold" rating to a "buy" rating in a research report on Saturday, April 11th. Finally, Mizuho dropped their price target on Intuit from $675.00 to $600.00 and set an "outperform" rating for the company in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Intuit has an average rating of "Moderate Buy" and a consensus target price of $638.06.

Intuit Trading Up 6.2%

Shares of Intuit stock opened at $389.72 on Thursday. The firm has a market capitalization of $107.78 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 1.47 and a beta of 1.21. Intuit Inc. has a fifty-two week low of $342.11 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a 50 day moving average of $417.48 and a 200 day moving average of $559.46.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. The company had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the prior year, the business posted $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit's dividend payout ratio is presently 31.09%.

Intuit Company Profile

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.

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.