Intuit Inc. $INTU Shares Newly Bought by Annex Advisory Services LLC

Key Points

• Annex Advisory Services purchased 59,519 Intuit shares worth approximately $16.4 million in the third quarter. Institutional investors collectively own 83.66% of Intuit’s stock.
• Intuit reported better-than-expected quarterly results, with revenue up 13.7% year over year to $4.35 billion and EPS of $4.03. The company also raised its quarterly dividend to $1.38 and issued fiscal 2027 EPS guidance of $22.88–$23.12.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $431.55, while Intuit shares recently traded near $325. The company faces continued volatility, insider selling and a wide gap between its 52-week low and high.

Annex Advisory Services LLC purchased a new position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 59,519 shares of the software maker's stock, valued at approximately $16,410,000.

Several other hedge funds also recently made changes to their positions in the company. Andrews Advisory Associates LLC boosted its stake in shares of Intuit by 32.4% during the 3rd quarter. Andrews Advisory Associates LLC now owns 1,841 shares of the software maker's stock worth $507,000 after purchasing an additional 451 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in shares of Intuit by 3.3% in the 3rd quarter. V Square Quantitative Management LLC now owns 9,148 shares of the software maker's stock valued at $2,522,000 after purchasing an additional 294 shares during the period. RDA Financial Network grew its holdings in Intuit by 3.6% in the 3rd quarter. RDA Financial Network now owns 4,546 shares of the software maker's stock valued at $1,253,000 after buying an additional 159 shares during the last quarter. TT Capital Management LLC acquired a new stake in shares of Intuit in the 3rd quarter valued at $245,000. Finally, Chiron Capital Management LLC lifted its position in Intuit by 50.0% during the 3rd quarter. Chiron Capital Management LLC now owns 1,200 shares of the software maker's stock valued at $331,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 83.66% of the company's stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
• Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
• Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
• Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
• Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Wall Street Analyst Weigh In

INTU has been the topic of a number of recent analyst reports. Piper Sandler boosted their price target on Intuit from $250.00 to $290.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 26th. Barclays cut their price target on Intuit from $443.00 to $408.00 and set an "overweight" rating for the company in a report on Wednesday, August 26th. JPMorgan Chase & Co. downgraded shares of Intuit from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $605.00 to $331.00 in a research note on Wednesday, August 26th. Wolfe Research lowered Intuit from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, August 26th. Finally, Citigroup cut their price objective on Intuit from $591.00 to $457.00 and set a "buy" rating for the company in a research report on Thursday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $431.55.

Intuit Trading Down 1.5%

Shares of NASDAQ:INTU opened at $325.15 on Friday. The company has a market cap of $86.89 billion, a PE ratio of 18.03, a P/E/G ratio of 0.96 and a beta of 1.01. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The company's 50-day moving average price is $321.16 and its 200 day moving average price is $328.62. 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 announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts' consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The company's quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts anticipate that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a $1.38 dividend. This is a positive change from Intuit's previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, October 8th. Intuit's dividend payout ratio (DPR) is presently 33.45%.

Insiders Place Their Bets

In related news, Director Richard Dalzell sold 285 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company's stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the business's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company's stock, valued at $564,167.12. This trade 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.

Intuit Company Profile

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.

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