Intuit Inc. $INTU Stock Position Boosted by Intech Investment Management LLC

Key Points

• Intech Investment Management LLC increased its Intuit stake by 191.3% in the fourth quarter, bringing its holdings to 60,145 shares worth about $39.8 million.
• Intuit’s latest quarterly results beat expectations, with EPS of $12.80 and revenue of $8.56 billion, both slightly ahead of consensus estimates. The company also issued full-year guidance that points to continued profitability.
• Despite recent stock pressure, Intuit announced a quarterly dividend of $1.20 per share and has seen mixed sentiment from analysts, with several cutting price targets while maintaining generally constructive ratings.

Intech Investment Management LLC boosted its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 191.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,145 shares of the software maker's stock after buying an additional 39,500 shares during the period. Intech Investment Management LLC's holdings in Intuit were worth $39,841,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Joseph Group Capital Management bought a new position in Intuit in the 4th quarter valued at about $25,000. MTM Investment Management LLC grew its position in 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 buying an additional 27 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new position in Intuit in the 3rd quarter valued at about $33,000. Barnes Dennig Private Wealth Management LLC grew its position in 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 buying an additional 19 shares in the last quarter. Finally, Steph & Co. grew its position in 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 buying an additional 45 shares in the last quarter. Institutional investors own 83.66% of the company's stock.

Intuit Price Performance

Shares of NASDAQ INTU opened at $313.00 on Friday. Intuit Inc. has a twelve month low of $300.50 and a twelve month high of $813.70. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $85.62 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.18 and a beta of 1.04. The firm has a 50-day moving average of $392.72 and a two-hundred day moving average of $499.68.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating analysts' consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the company earned $11.65 EPS. Intuit's revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, analysts expect that Intuit Inc. will post 17.6 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. Intuit's dividend payout ratio is currently 29.07%.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company's 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 sale, the director directly owned 13,253 shares of the company's stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Vasant M. Prabhu acquired 500 shares of Intuit stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost of $309.71 per share, with a total value of $154,855.00. Following the completion of the purchase, the director directly owned 1,750 shares of the company's stock, valued at approximately $541,992.50. This represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. KeyCorp decreased their target price on shares of Intuit from $520.00 to $450.00 and set an "overweight" rating for the company in a research report on Thursday, May 21st. Citigroup decreased their target price on shares of Intuit from $649.00 to $591.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. The Goldman Sachs Group decreased their target price on shares of Intuit from $720.00 to $519.00 and set a "neutral" rating for the company in a research report on Friday, February 27th. Erste Group Bank upgraded shares of Intuit to a "hold" rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company cut their price target on shares of Intuit from $425.00 to $360.00 and set an "equal weight" rating for the company in a report on Thursday, May 21st. Twenty-four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Intuit currently has an average rating of "Moderate Buy" and an average price target of $525.65.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares near current levels, signaling insider confidence after the selloff. SEC Form 4 filing
• Positive Sentiment: Bank of America and other recent analyst commentary remained constructive, citing Intuit’s strong margins, AI tailwinds, and long-term growth runway, even though some price targets were trimmed. Proactive Investors article
• Positive Sentiment: Intuit’s latest earnings beat expectations, with revenue and EPS both ahead of consensus and full-year guidance reaffirming solid profitability. Intuit earnings summary
• Neutral Sentiment: Recent coverage also highlighted investor interest in Intuit, but much of it was broad commentary rather than a new business catalyst. Zacks article
• Negative Sentiment: Multiple law firms launched or promoted investigations into Intuit over alleged pricing issues and potential securities-law violations, adding headline risk and uncertainty. PR Newswire investigation notice
• Negative Sentiment: Recent analyst target cuts from firms including Citi, BMO, Mizuho, and Jefferies suggest the market has become more cautious on near-term upside. MarketBeat analyst coverage

Intuit Company 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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