Intuit Inc. $INTU Stock: TD Waterhouse Canada Inc. Increases Position

Key Points

• Institutional ownership increased: TD Waterhouse Canada raised its Intuit position by 24% to 28,149 shares, while 83.66% of INTU stock is held by institutional investors. Several other firms also expanded their stakes.
• Analyst sentiment is mixed: Sixteen analysts rate Intuit a Buy, 12 a Hold and three a Sell, producing an overall “Hold” rating with an average price target of $431.55.
• Fundamentals remain solid despite volatility: Intuit exceeded quarterly earnings and revenue expectations, with revenue up 13.7% year over year, and increased its quarterly dividend to $1.38 per share. Shares opened at $325.15 and remain well below their 12-month high of $689.17.

TD Waterhouse Canada Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 24.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,149 shares of the software maker's stock after purchasing an additional 5,456 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Intuit were worth $7,957,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in shares of Intuit by 119.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker's stock worth $37,452,000 after acquiring an additional 47,148 shares during the period. Beacon Pointe Advisors LLC bought a new stake in Intuit in the 2nd quarter valued at about $1,643,000. Brookstone Capital Management raised its stake in Intuit by 45.8% in the 1st quarter. Brookstone Capital Management now owns 32,135 shares of the software maker's stock valued at $13,895,000 after acquiring an additional 10,089 shares during the period. J. Safra Sarasin Holding AG increased its stake in shares of Intuit by 831.4% in the first quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker's stock worth $11,817,000 after purchasing an additional 24,402 shares in the last quarter. Finally, Lindsell Train Ltd lifted its stake in shares of Intuit by 20.2% during the 1st quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker's stock valued at $317,237,000 after buying an additional 123,448 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on INTU shares. Truist Financial reiterated a "hold" rating and issued a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. KeyCorp set a $400.00 price objective on shares of Intuit in a research report on Wednesday, August 26th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $385.00 price objective on shares of Intuit in a research note on Friday, October 2nd. Evercore reaffirmed an "outperform" rating on shares of Intuit in a report on Friday, September 18th. Finally, Morgan Stanley decreased their target price on shares of Intuit from $335.00 to $315.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 26th. 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. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $431.55.

Insider Transactions at Intuit

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

Intuit News Roundup

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.

Intuit Price Performance

Shares of NASDAQ INTU opened at $325.15 on Monday. The business has a 50-day moving average of $321.16 and a 200-day moving average of $327.91. The firm has a market capitalization of $86.89 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 0.95 and a beta of 1.01. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. 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, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion for the quarter, compared to analysts' expectations of $4.27 billion. During the same quarter last year, the company posted $2.75 EPS. The business's quarterly revenue was up 13.7% on a year-over-year basis. 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 expect that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were given a dividend of $1.38 per share. This is a boost from Intuit's previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.7%. Intuit's dividend payout ratio is currently 33.45%.

About Intuit

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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