Doliver Advisors LP Acquires 3,389 Shares of Intuit Inc. $INTU

Key Points

• Doliver Advisors increased its Intuit stake by 190.2% in the second quarter, purchasing 3,389 additional shares to own 5,171 shares valued at approximately $1.35 million. Institutional investors and hedge funds collectively own 83.66% of Intuit.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $461.23, despite several firms recently cutting targets. Intuit shares opened at $336.44, well below their 52-week high of $721.54.
• Intuit’s latest quarter exceeded expectations, with revenue rising 10.4% year over year to $8.56 billion and EPS of $12.80 versus the $12.57 consensus estimate. The company also announced a $1.20 quarterly dividend, equivalent to a 1.4% annualized yield.

Doliver Advisors LP boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 190.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,171 shares of the software maker's stock after purchasing an additional 3,389 shares during the period. Doliver Advisors LP's holdings in Intuit were worth $1,350,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Intuit in the 4th quarter valued at approximately $3,058,407,000. Arrowstreet Capital Limited Partnership lifted its position in shares of 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 buying an additional 1,972,719 shares during the period. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the 1st quarter valued at $785,564,000. Amundi boosted its stake in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker's stock valued at $675,878,000 after buying an additional 484,602 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Intuit by 20.3% in the fourth 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 during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on INTU. Bank of America assumed coverage on Intuit in a research note on Wednesday, May 27th. They set a "buy" rating and a $400.00 price objective for the company. Northcoast Research lowered their target price on shares of Intuit from $575.00 to $465.00 and set a "buy" rating on the stock in a report on Thursday, May 21st. Oppenheimer dropped their target price on shares of Intuit from $558.00 to $406.00 and set an "outperform" rating for the company in a research report on Thursday, May 21st. Morgan Stanley downgraded shares of Intuit from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $580.00 to $335.00 in a report on Tuesday, July 21st. Finally, Evercore reduced their price target on shares of Intuit from $540.00 to $400.00 and set an "outperform" rating on the stock in a research report on Thursday, May 21st. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $461.23.

Intuit Trading Up 0.6%

Shares of INTU opened at $336.44 on Wednesday. The stock has a fifty day moving average price of $289.71 and a two-hundred day moving average price of $369.14. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $721.54. The company has a market cap of $92.03 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.06 and a beta of 0.97.

Intuit (NASDAQ:INTU - Get Free Report) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company had revenue of $8.56 billion for the quarter, compared to analysts' expectations of $8.54 billion. During the same quarter in the prior year, the business earned $11.65 earnings per share. The business's revenue for the quarter was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts predict that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. Intuit's dividend payout ratio is currently 29.07%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
• Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
• Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
• Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
• Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Insider Transactions at Intuit

In related news, Director Vasant M. Prabhu bought 500 shares of Intuit stock in a transaction dated Tuesday, May 26th. The shares were bought at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the transaction, the director owned 1,750 shares of the company's stock, valued at approximately $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,239 shares of company stock worth $348,354. Insiders own 2.49% of the company's stock.

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.

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