Intuit Inc. $INTU Shares Sold by Knights of Columbus Asset Advisors LLC

Key Points

• Knights of Columbus Asset Advisors reduced its Intuit stake by 25.8% in the fourth quarter, selling 3,931 shares and leaving it with 11,327 shares valued at about $7.5 million.
• Intuit reported better-than-expected quarterly results, with EPS of $12.80 and revenue of $8.56 billion, while also issuing guidance for Q4 2026 and FY 2026.
• Despite recent analyst price-target cuts, Wall Street remains broadly constructive on the stock, with a “Moderate Buy” consensus and an average price target of $525.65; Intuit also announced a quarterly dividend of $1.20 per share.

Knights of Columbus Asset Advisors LLC cut its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 25.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,327 shares of the software maker's stock after selling 3,931 shares during the quarter. Knights of Columbus Asset Advisors LLC's holdings in Intuit were worth $7,503,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Joseph Group Capital Management purchased a new stake in shares of Intuit in the 4th quarter valued at approximately $25,000. MTM Investment Management LLC increased its position in shares of Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker's stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit in the 3rd quarter valued at approximately $33,000. Barnes Dennig Private Wealth Management LLC increased its position in shares of Intuit by 54.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker's stock valued at $36,000 after purchasing an additional 19 shares during the last quarter. Finally, Steph & Co. increased its position in shares of Intuit by 346.2% in the 4th quarter. Steph & Co. now owns 58 shares of the software maker's stock valued at $38,000 after purchasing an additional 45 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Intuit news, Director Vasant M. Prabhu acquired 1,250 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $309.45 per share, with a total value of $386,812.50. Following the transaction, the director owned 1,250 shares of the company's stock, valued at approximately $386,812.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the firm's stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.49% of the company's stock.

Intuit Trading Up 1.1%

NASDAQ INTU opened at $307.73 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm's fifty day moving average price is $395.64 and its 200 day moving average price is $502.04. The company has a market capitalization of $84.18 billion, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 1.18 and a beta of 1.04. Intuit Inc. has a 12 month low of $300.50 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating analysts' consensus estimates of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company's revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $11.65 EPS. 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, sell-side analysts expect that Intuit Inc. will post 17.49 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit's dividend payout ratio (DPR) is 29.07%.

Analyst Ratings Changes

A number of brokerages have commented on INTU. Guggenheim set a $633.00 price objective on shares of Intuit in a research report on Monday, March 16th. HSBC dropped their price objective on shares of Intuit from $897.00 to $707.00 and set a "buy" rating on the stock in a research report on Friday, May 22nd. Wells Fargo & Company dropped their price objective on shares of Intuit from $425.00 to $360.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 21st. UBS Group dropped their price objective on shares of Intuit from $440.00 to $360.00 and set a "neutral" rating on the stock in a research report on Thursday, May 21st. Finally, Citigroup dropped their price objective on shares of Intuit from $649.00 to $591.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Twenty-four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Intuit has a consensus rating of "Moderate Buy" and an average price target of $525.65.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America restarted coverage on Intuit with a Buy rating and $400 target, citing AI tailwinds, strong margins, and durable competitive positioning. Article: Intuit seen benefitting from AI tailwinds, says Bank of America
• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares, a potentially bullish insider signal after the stock’s steep decline. Article: SEC Form 4 filing
• Positive Sentiment: Analyst commentary continues to describe Intuit as a long-term value/growth opportunity, pointing to TurboTax strength, TurboTax Live momentum, and AI-driven product expansion. Article: TurboTax's Strong FY26 Run
• Neutral Sentiment: Several firms lowered price targets after the recent pullback, but most still kept bullish ratings, suggesting the selloff may be more about valuation and short-term concerns than a collapse in fundamentals. Article: Daiwa Securities adjusts price target
• Negative Sentiment: Intuit is facing investor scrutiny over alleged pricing issues, with multiple law firms launching investigations that could add headline risk and pressure sentiment. Article: Intuit pricing issues investigation
• Negative Sentiment: The company’s mass-layoff notice in California and Nevada underscores a significant restructuring, which may worry investors even as management pursues an AI-focused turnaround. Article: Intuit files notice for mass layoffs

About Intuit

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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