Intuit Inc. $INTU Position Raised by Fifth Third Wealth Advisors LLC

Key Points

• Fifth Third Wealth Advisors increased its Intuit stake by 33.1% in the third quarter, bringing its holdings to 13,753 shares valued at approximately $3.8 million. Institutional investors collectively own 83.66% of Intuit.
• Intuit reported quarterly results above expectations, with EPS of $4.03 and revenue of $4.35 billion, representing 13.7% year-over-year revenue growth. The company also raised its quarterly dividend from $1.20 to $1.38 per share.
• Analyst sentiment remains mixed: the consensus rating is “Hold” with a $431.55 target price, while concerns include competitive pressure, AI execution risks and recent analyst target-price reductions.

Fifth Third Wealth Advisors LLC increased its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 33.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 13,753 shares of the software maker's stock after purchasing an additional 3,424 shares during the period. Fifth Third Wealth Advisors LLC's holdings in Intuit were worth $3,792,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of INTU. Fiduciary Financial Advisors bought a new position in Intuit during the 2nd quarter valued at about $25,000. Whipplewood Advisors LLC bought a new stake in Intuit during the 1st quarter worth about $30,000. CrossGen Wealth LLC acquired a new position in shares of Intuit during the first quarter valued at $32,000. Osbon Capital Management LLC acquired a new position in Intuit in the second quarter valued at approximately $26,000. Finally, MidFirst Bank acquired a new stake in Intuit during the 2nd quarter worth $28,000. Institutional investors and hedge funds own 83.66% of the company's stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit Ventures participated in Coast’s $35 million growth-equity financing. The investment expands Intuit’s exposure to a financial platform serving small and mid-sized physical-economy businesses and could support future ecosystem opportunities. Coast Raises $35 Million to Build the Financial Platform for the Physical Economy
• Positive Sentiment: Intuit introduced a free, AI-powered federal tax-filing service through Credit Karma Tax, featuring error checks, refund optimization and real-time assistance. The product may increase customer engagement, although monetization and execution remain key questions. Intuit Rolls Out Free Federal AI Tax Filing
• Positive Sentiment: A bullish investment thesis highlights Intuit’s approximately 81% gross margin, substantial free-cash-flow generation and comparatively lower forward valuation as potential support for a rebound. These arguments may attract value-oriented investors after the stock’s recent decline. Intuit vs. PayPal and XYZ
• Neutral Sentiment: Intuit joined Wells Fargo and Arm in objecting to the unauthorized tokenization of their shares on OKX. The dispute concerns trading and regulatory rights rather than Intuit’s operations, so the direct earnings impact is likely limited. Companies Rejecting Tokenized Shares on OKX
• Negative Sentiment: Broyhill Asset Management disclosed that it was moving from Intuit to Microsoft, reflecting concerns about software quality or relative investment appeal. One manager’s decision is not a fundamental downgrade, but it can reinforce negative sentiment toward INTU. Broyhill Moves from Intuit to Microsoft
• Negative Sentiment: Analyst commentary has cited softer results, competitive pressure, AI-related execution risks and the stock’s underperformance as reasons to sell. This weighs on confidence despite Intuit’s latest earnings beat and double-digit revenue growth. 3 Reasons to Sell INTU

Intuit Price Performance

Shares of NASDAQ INTU opened at $343.39 on Friday. The stock has a fifty day moving average of $320.86 and a 200-day moving average of $325.56. The stock has a market cap of $91.77 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. 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.

Intuit (NASDAQ:INTU - Get Free Report) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the firm earned $2.75 earnings per share. Intuit's revenue for the quarter 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 anticipate that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Thursday, October 8th. This is an increase from Intuit's previous quarterly dividend of $1.20. Intuit's dividend payout ratio (DPR) is presently 33.45%.

Insiders Place Their Bets

In related news, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares in the company, valued at approximately $3,751,726.16. This trade represents a 2.41% decrease in their position. The transaction was disclosed in a filing 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 Hotz sold 907 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.49% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on INTU. TD Cowen restated a "hold" rating and set a $346.00 price objective on shares of Intuit in a report on Friday, September 18th. Oppenheimer decreased their target price on Intuit from $406.00 to $380.00 and set an "outperform" rating for the company in a research note on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft lowered their target price on Intuit from $530.00 to $425.00 and set a "buy" rating for the company in a research note on Wednesday, August 19th. Stifel Nicolaus reissued a "hold" rating and issued a $300.00 target price on shares of Intuit in a research report on Friday, September 18th. Finally, Susquehanna dropped their target price on Intuit from $427.00 to $415.00 and set a "positive" rating on the stock in a report on Wednesday, August 26th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $431.55.

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.

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.