Intuit Inc. $INTU Shares Sold by Groupe la Francaise

Key Points

• Groupe la Française cut its Intuit stake by 96.2% in the second quarter, selling 12,009 shares and retaining 475 shares worth approximately $124,000. Institutional investors still own 83.66% of Intuit.
• Intuit reported quarterly EPS of $4.03 and revenue of $4.35 billion, exceeding analyst expectations, while revenue increased 13.7% year over year. The company also raised its quarterly dividend from $1.20 to $1.38 per share, implying a 1.7% yield.
• Intuit faces potential legal and sentiment risks from securities class-action announcements and additional institutional selling, although analysts maintain a consensus “Hold” rating with an average price target of $434.68.

Groupe la Francaise trimmed its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 96.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 475 shares of the software maker's stock after selling 12,009 shares during the period. Groupe la Francaise's holdings in Intuit were worth $124,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Betterment LLC lifted its position in Intuit by 2.1% during the third quarter. Betterment LLC now owns 779 shares of the software maker's stock worth $532,000 after buying an additional 16 shares in the last quarter. One Capital Management LLC raised its holdings in shares of 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 during the period. Quadcap Wealth Management LLC boosted its position in shares of 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 last quarter. Washington Trust Bank boosted its position in shares of Intuit by 3.0% during the 4th quarter. Washington Trust Bank now owns 790 shares of the software maker's stock valued at $523,000 after acquiring an additional 23 shares during the last quarter. Finally, Barr E S & Co. grew its holdings in shares of Intuit by 1.5% in the fourth quarter. Barr E S & Co. now owns 1,608 shares of the software maker's stock valued at $1,065,000 after purchasing an additional 24 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Neutral Sentiment: Intuit discussed how it is applying AI to everyday money management and financial decision-making. The article highlights potential product and customer-engagement opportunities, but provides no new financial targets or material announcement likely to change near-term estimates. Kitchen table finances: Intuit on AI and everyday money management
• Neutral Sentiment: Baron Durable Advantage Fund reported exiting its Intuit position during the second quarter. The move may weigh on sentiment, but it reflects one fund’s portfolio decision and does not indicate a change in Intuit’s operating outlook. Baron Durable Advantage Fund exits Intuit
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers, alleging violations of federal securities laws. Pomerantz said the complaint was filed in federal court and covers investors who purchased securities from August 22, 2025, through May 20, 2026. Other firms reminded investors of a September 8 lead-plaintiff deadline for a related case covering purchases from February 25, 2025, through June 1, 2026. The announcements do not establish wrongdoing, but the legal scrutiny creates potential costs, uncertainty and reputational risk for INTU. Pomerantz class action announcement Rosen Law Firm deadline notice

Intuit Stock Performance

Shares of Intuit stock opened at $318.93 on Wednesday. The stock has a market capitalization of $87.24 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 0.95 and a beta of 0.98. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45. The business has a 50-day moving average of $318.32 and a 200 day moving average of $353.24. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $705.08.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the firm earned $2.75 earnings per share. The business's revenue for the quarter 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. As a group, sell-side analysts forecast that Intuit Inc. will post 23.49 earnings per share for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be given a dividend of $1.38 per share. This is an increase 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 is Thursday, October 8th. Intuit's dividend payout ratio is currently 29.09%.

Insider Buying and Selling at Intuit

In other Intuit news, CAO Lauren D. Hotz sold 907 shares of the company's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. This represents a 35.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction dated 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 directly owned 11,758 shares in the company, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,813 shares of company stock worth $563,548. Insiders own 2.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on INTU. TD Cowen restated a "buy" rating on shares of Intuit in a research report on Tuesday, August 18th. Freedom Capital cut shares of Intuit from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 21st. Rothschild & Co Redburn cut their price target on shares of Intuit from $700.00 to $600.00 and set a "buy" rating for the company in a report on Tuesday, June 2nd. Oppenheimer reduced their price target on shares of Intuit from $406.00 to $380.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 26th. Finally, Mizuho decreased their price objective on Intuit from $500.00 to $430.00 and set an "outperform" rating on the stock in a report on Monday, August 17th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Intuit has an average rating of "Hold" and an average target price of $434.68.

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; 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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