Sanctuary Advisors LLC Acquires 3,145 Shares of Intuit Inc. $INTU

Key Points

• Sanctuary Advisors LLC increased its stake in Intuit by 15.9%, buying 3,145 shares to hold 22,884 shares worth $15,159,000 as of its latest 13F filing.
• Intuit beat quarterly expectations with EPS of $4.15 versus $3.68 and revenue of $4.65B (up 17.4% year-over-year), and provided Q3 FY2026 guidance of 12.450–12.510 EPS and FY2026 guidance of 22.980–23.180 EPS.
• Several analysts have cut price targets (e.g., Goldman to $519, Stifel to $500), but the consensus rating remains a Moderate Buy with a consensus price target of $636.10.

Sanctuary Advisors LLC raised its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 15.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,884 shares of the software maker's stock after purchasing an additional 3,145 shares during the quarter. Sanctuary Advisors LLC's holdings in Intuit were worth $15,159,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. MTM Investment Management LLC lifted its position in Intuit by 135.0% during the third 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. bought a new position in Intuit during the third quarter valued at $33,000. Richardson Financial Services Inc. lifted its position in Intuit by 70.0% during the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker's stock valued at $35,000 after purchasing an additional 21 shares during the last quarter. TruNorth Capital Management LLC bought a new position in Intuit during the third quarter valued at $36,000. Finally, Barnes Dennig Private Wealth Management LLC lifted its position in Intuit by 54.3% during the fourth 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. Institutional investors own 83.66% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group reduced their target price on shares of Intuit from $720.00 to $519.00 and set a "neutral" rating on the stock in a research note on Friday, February 27th. Stifel Nicolaus reduced their target price on shares of Intuit from $800.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, February 27th. Mizuho reduced their target price on shares of Intuit from $675.00 to $600.00 and set an "outperform" rating on the stock in a research note on Monday, March 2nd. Guggenheim set a $633.00 target price on shares of Intuit in a research note on Monday, March 16th. Finally, Weiss Ratings downgraded shares of Intuit from a "buy (b-)" rating to a "hold (c)" rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $636.10.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the firm's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares of the company's stock, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.49% of the stock is owned by corporate insiders.

Intuit Trading Down 1.5%

Shares of INTU opened at $389.92 on Tuesday. The company has a market cap of $107.83 billion, a P/E ratio of 25.25, a P/E/G ratio of 1.59 and a beta of 1.21. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70. The company's fifty day simple moving average is $414.17 and its 200-day simple moving average is $543.11. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm's revenue was up 17.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, analysts expect that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit's dividend payout ratio (DPR) is currently 31.09%.

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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