Focus Partners Advisor Solutions LLC Buys New Stake in Intuit Inc. $INTU

Key Points

• Focus Partners Advisor Solutions bought 4,537 Intuit shares worth approximately $1.18 million during the second quarter. Institutional investors and hedge funds collectively own 83.66% of the company.
• Analysts remain generally positive, with 19 Buy, 10 Hold and 3 Sell ratings, producing a “Moderate Buy” consensus and an average price target of $456.90, despite several recent target reductions.
• Intuit exceeded quarterly expectations with $12.80 EPS and $8.56 billion in revenue, up 10.4% year over year. The company also paid a quarterly dividend of $1.20 per share, equivalent to a 1.4% yield.

Focus Partners Advisor Solutions LLC bought a new stake in Intuit Inc. (NASDAQ:INTU - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,537 shares of the software maker's stock, valued at approximately $1,184,000.

Other large investors also recently added to or reduced their stakes in the company. Betterment LLC grew its stake in shares of Intuit by 2.1% in the third quarter. Betterment LLC now owns 779 shares of the software maker's stock valued at $532,000 after buying an additional 16 shares in the last quarter. PFG Investments LLC lifted its stake in Intuit by 2.0% during the 4th quarter. PFG Investments LLC now owns 915 shares of the software maker's stock worth $606,000 after acquiring an additional 18 shares in the last quarter. One Capital Management LLC lifted its stake in Intuit by 2.7% during the 3rd quarter. One Capital Management LLC now owns 681 shares of the software maker's stock worth $465,000 after acquiring an additional 18 shares in the last quarter. Quadcap Wealth Management LLC boosted its holdings in Intuit by 1.0% during the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker's stock valued at $1,230,000 after acquiring an additional 18 shares during the period. Finally, United Asset Strategies Inc. grew its position in Intuit by 1.0% in the 4th quarter. United Asset Strategies Inc. now owns 2,036 shares of the software maker's stock valued at $1,349,000 after acquiring an additional 20 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Intuit

In other Intuit news, Director Vasant M. Prabhu bought 500 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the acquisition, the director directly owned 1,750 shares of the company's stock, valued at $541,992.50. This represents a 40.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard L. Dalzell sold 284 shares of the firm's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,239 shares of company stock valued at $348,354. Corporate insiders own 2.49% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on INTU shares. Barclays reduced their price target on shares of Intuit from $540.00 to $443.00 and set an "overweight" rating on the stock in a research report on Thursday, May 21st. Jefferies Financial Group reduced their target price on shares of Intuit from $650.00 to $550.00 and set a "buy" rating on the stock in a report on Thursday, May 21st. Wall Street Zen downgraded shares of Intuit from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Oppenheimer cut their price objective on Intuit from $558.00 to $406.00 and set an "outperform" rating on the stock in a research report on Thursday, May 21st. Finally, Wells Fargo & Company reduced their price objective on Intuit from $425.00 to $360.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 21st. Nineteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intuit currently has an average rating of "Moderate Buy" and an average price target of $456.90.

Intuit Price Performance

INTU stock opened at $345.66 on Monday. The company's 50 day moving average price is $292.28 and its 200 day moving average price is $364.67. The firm has a market capitalization of $94.55 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 1.09 and a beta of 0.97. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $721.54. 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 (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the previous year, the firm earned $11.65 earnings per share. The firm's quarterly revenue 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. On average, equities research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

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

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its Intuit Intelligence platform with conversational AI and additional capabilities for QuickBooks Online Advanced and Intuit Enterprise Suite. The initiative targets larger businesses, CFOs and accounting firms and could support growth beyond Intuit’s traditional small-business customer base. Intuit Advances Its Mid-Market Platform With Conversational AI, Enterprise Scale, and Deep Industry Workflows for CFOs and Accounting Firms
• Positive Sentiment: Some recent analyst commentary remains bullish, arguing that Intuit’s core QuickBooks and online ecosystem remain resilient, while TurboTax monetization, Credit Karma synergies and AI adoption could help sustain double-digit growth. Upcoming fiscal-year 2027 guidance and management’s AI strategy are viewed as important catalysts. Intuit: Strong Fundamentals Amid AI Fears Make The Stock Attractive
• Neutral Sentiment: Options pricing implies a wide potential trading range rather than a clear directional signal, suggesting elevated uncertainty and the need for investors to manage position sizes carefully. Intuit's Options Price A Floor Below Anything The Stock Has Touched In A Year
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers. The complaints allege that the company misled investors about the sustainability of business growth, particularly TurboTax, and failed to disclose competitive and pricing pressures in its tax operations. The allegations have not been proven. Investors in the August 22, 2025–May 20, 2026 class period have until September 8, 2026 to seek lead-plaintiff status. The repeated notices add legal and reputational overhang to the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act

Intuit 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source