Intuit Inc. $INTU Shares Bought by Focus Partners Wealth

Key Points

• Focus Partners Wealth increased its stake in Intuit by 8.2%, owning 148,573 shares worth about $101.45 million at quarter-end, and institutional investors now hold roughly 83.66% of the stock.
• Intuit's management has accelerated share buybacks and halted insider sales, signaling they view the stock as undervalued and prompting several positive analyst reactions.
• The company recently posted an earnings beat (EPS $4.15 vs. $3.68) with revenue up 17.4% year-over-year, provided FY2026 guidance, and declared a $1.20 quarterly dividend (about a 1.1% yield).

Focus Partners Wealth grew its position in Intuit Inc. (NASDAQ:INTU - Free Report) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,573 shares of the software maker's stock after acquiring an additional 11,308 shares during the period. Focus Partners Wealth owned about 0.05% of Intuit worth $101,449,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in INTU. Tortoise Investment Management LLC lifted its position in Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock valued at $25,000 after purchasing an additional 27 shares during the period. Sagard Holdings Management Inc. acquired a new position in Intuit during the 2nd quarter worth approximately $28,000. Total Investment Management Inc. acquired a new position in Intuit during the 2nd quarter worth approximately $33,000. Kilter Group LLC purchased a new position in shares of Intuit during the 2nd quarter worth approximately $35,000. Finally, MTM Investment Management LLC raised its stake in shares of Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker's stock worth $32,000 after buying an additional 27 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Stock Performance

Shares of INTU stock opened at $452.31 on Tuesday. The stock has a fifty day moving average price of $478.68 and a 200 day moving average price of $598.30. 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 market cap of $125.09 billion, a PE ratio of 29.29, a P/E/G ratio of 1.77 and a beta of 1.26. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the prior year, the company earned $3.32 earnings per share. Intuit's revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal 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 paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit's dividend payout ratio is presently 31.09%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Company will significantly speed up its existing buyback plan, signaling management believes shares are undervalued and returning cash to shareholders; markets interpreted this as a direct valuation-support action. Intuit Stock Rises On Accelerated Buyback Reports
• Positive Sentiment: Founder and senior executives terminated prescheduled/automated stock-sale plans, a sign of insider confidence and an attempt to stop perceived downward pressure from programmatic insider sales. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
• Positive Sentiment: Management publicly called the stock “meaningfully misaligned” with fundamentals and moved to buy back shares, a clear signal intended to restore investor confidence amid recent weakness. Intuit Halts Management Stock Sales, Accelerates Buybacks
• Positive Sentiment: Street reaction includes fresh bullish notes and higher targets from several firms, reinforcing the view that the pullback may be an opportunity for long-term holders. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Neutral Sentiment: BNP Paribas Exane upgraded INTU from underperform to neutral with a $463 target — a modest endorsement that still leaves limited near‑term upside versus some higher analyst targets. Finviz (BNP Paribas Exane Upgrade)
• Neutral Sentiment: Some media and thematic pieces are pitching Intuit as a buy on the dip (AI/automation tailwinds and recent earnings strength cited), which can attract contrarian long‑term buyers but may not sway short‑term traders. Best 2 Tech Stocks to Buy Now on the Dip
• Negative Sentiment: Broader investor concern that AI and automation could pressure legacy software monetization remains a near‑term headwind for valuation; the management moves aim to counteract those sentiment-driven losses. How Intuit Is Reacting to a Stock Price That It Deems ‘Meaningfully Misaligned’
• Negative Sentiment: Historical insider selling has been heavy (many open‑market disposals over the past year), which some investors note as a caution despite the current halt; institutional portfolio rebalancing has also been material. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks

Analyst Ratings Changes

INTU has been the topic of a number of analyst reports. KeyCorp decreased their price target on Intuit from $750.00 to $520.00 and set an "overweight" rating on the stock in a research note on Friday, February 27th. Evercore reiterated an "outperform" rating and issued a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. BMO Capital Markets reduced their target price on Intuit from $624.00 to $550.00 and set an "outperform" rating for the company in a report on Friday, February 27th. Independent Research set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Finally, Wells Fargo & Company lowered their price target on shares of Intuit from $700.00 to $425.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $638.06.

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was 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. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company's stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 120,501 shares of company stock valued at $79,983,892. Insiders own 2.49% of the company's stock.

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.

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