Intuit Inc. $INTU Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Key Points

• Loring Wolcott & Coolidge Fiduciary Advisors reduced its Intuit stake by 1.9%, selling 19,467 shares during the third quarter. It still held 1.02 million shares worth approximately $281.4 million, representing 2.7% of its portfolio.
• Intuit reported quarterly earnings of $4.03 per share and revenue of $4.35 billion, exceeding analyst expectations, while revenue increased 13.7% year over year. The company also raised its quarterly dividend to $1.38 per share.
• Analyst sentiment remains mixed, with a consensus “Hold” rating despite 16 Buy ratings; several firms recently lowered their price targets. Intuit shares opened at $343.39, with the stock trading well below its 12-month high of $689.17.

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its position in Intuit Inc. (NASDAQ:INTU - Free Report) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,020,622 shares of the software maker's stock after selling 19,467 shares during the period. Intuit makes up 2.7% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's investment portfolio, making the stock its 9th largest holding. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.38% of Intuit worth $281,396,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Legacy Wealth Managment LLC ID grew its holdings in shares of Intuit by 10.3% during the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker's stock valued at $115,000 after buying an additional 25 shares during the last quarter. Powell Investment Advisors LLC increased its position in shares of Intuit by 5.4% during the first quarter. Powell Investment Advisors LLC now owns 551 shares of the software maker's stock worth $238,000 after acquiring an additional 28 shares in the last quarter. Sachetta LLC raised its holdings in shares of Intuit by 33.7% in the 1st quarter. Sachetta LLC now owns 111 shares of the software maker's stock worth $48,000 after acquiring an additional 28 shares during the last quarter. Stronghold Wealth Management L.L.C. raised its holdings in shares of Intuit by 6.5% in the 1st quarter. Stronghold Wealth Management L.L.C. now owns 474 shares of the software maker's stock worth $205,000 after acquiring an additional 29 shares during the last quarter. Finally, Delta Asset Management LLC TN raised its holdings in shares of Intuit by 13.2% in the 2nd quarter. Delta Asset Management LLC TN now owns 258 shares of the software maker's stock worth $67,000 after acquiring an additional 30 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intuit

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

Insider Transactions at Intuit

In other Intuit news, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the sale, the director owned 11,531 shares of the company's stock, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of Intuit 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 completion of the sale, 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. The disclosure for this sale is available in the SEC filing. Company insiders own 2.49% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. TD Cowen reaffirmed a "hold" rating and issued a $346.00 price target on shares of Intuit in a research report on Friday, September 18th. Wells Fargo & Company decreased their price objective on Intuit from $360.00 to $300.00 and set an "equal weight" rating for the company in a report on Wednesday, August 26th. Susquehanna lowered their price objective on Intuit from $427.00 to $415.00 and set a "positive" rating for the company in a research note on Wednesday, August 26th. Morgan Stanley lowered their price objective on Intuit from $335.00 to $315.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 26th. Finally, UBS Group restated a "neutral" rating on shares of Intuit in a report on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $431.55.

Intuit Stock Performance

INTU stock opened at $343.39 on Monday. The firm has a market cap of $91.77 billion, a PE ratio of 20.81, a P/E/G ratio of 1.13 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 business has a 50 day moving average of $320.86 and a 200-day moving average of $324.91. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $689.17.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion for the quarter, compared to analysts' expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The business's revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.75 earnings per share. 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 expect that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

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

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.

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