S&CO Inc. Makes New Investment in Intuit Inc. $INTU

Key Points

• S&CO Inc. acquired 11,518 Intuit shares during the second quarter, valued at approximately $3.0 million. Several other institutional investors also initiated positions, with institutions and hedge funds owning 83.66% of Intuit.
• Intuit reported quarterly revenue of $8.56 billion, up 10.4% year over year, and adjusted earnings of $12.80 per share, beating analyst expectations. The company also declared a quarterly dividend of $1.20 per share, representing a 1.4% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $456.90, although shares recently traded down 3.5% and remain well below their 52-week high. Intuit is expanding its AI offerings, but faces legal and reputational overhang from securities-fraud allegations that have not been proven.

S&CO Inc. acquired a new stake in Intuit Inc. (NASDAQ:INTU - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 11,518 shares of the software maker's stock, valued at approximately $3,006,000.

Several other large investors have also modified their holdings of the company. GSA Capital Partners LLP purchased a new stake in Intuit in the 2nd quarter valued at $1,591,000. Family Legacy Inc. purchased a new stake in shares of Intuit in the second quarter valued at approximately $672,000. Clearstead Trust LLC acquired a new position in Intuit during the second quarter worth $256,000. Bridgewater Advisors Inc. acquired a new position in Intuit during the second quarter worth $412,000. Finally, Summit Global Investments purchased a new position in Intuit in the second quarter worth $1,496,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Down 3.5%

Shares of INTU stock opened at $345.66 on Friday. The stock has a market cap of $94.55 billion, a P/E ratio of 20.94, a P/E/G ratio of 1.09 and a beta of 0.97. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $721.54. The business has a fifty day simple moving average of $292.28 and a 200-day simple moving average of $366.05.

Intuit (NASDAQ:INTU - Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the firm earned $11.65 EPS. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. 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, analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a $1.20 dividend. The ex-dividend date was Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.4%. Intuit's dividend payout ratio is currently 29.07%.

Analyst Ratings Changes

A number of research firms have commented on INTU. Erste Group Bank raised Intuit to a "hold" rating in a report on Monday, April 27th. Barclays lowered their price target on shares of Intuit from $540.00 to $443.00 and set an "overweight" rating on the stock in a research note on Thursday, May 21st. Daiwa Securities Group cut their price target on shares of Intuit from $640.00 to $500.00 and set a "buy" rating for the company in a report on Wednesday, May 27th. Citigroup reduced their price objective on shares of Intuit from $591.00 to $457.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Wall Street Zen downgraded shares of Intuit from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $456.90.

Insider Activity at Intuit

In related news, Director Vasant M. Prabhu bought 500 shares of Intuit stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, with a total value of $154,855.00. Following the purchase, the director owned 1,750 shares in the company, valued at $541,992.50. This represents a 40.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,239 shares of company stock worth $348,354 over the last quarter. Company insiders own 2.49% of the company's stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its Intuit Intelligence platform with conversational AI and additional capabilities for QuickBooks Online Advanced and Intuit Enterprise Suite. The initiative targets larger businesses, CFOs and accounting firms and could support growth beyond Intuit’s traditional small-business customer base. Intuit Advances Its Mid-Market Platform With Conversational AI, Enterprise Scale, and Deep Industry Workflows for CFOs and Accounting Firms
• Positive Sentiment: Some recent analyst commentary remains bullish, arguing that Intuit’s core QuickBooks and online ecosystem remain resilient, while TurboTax monetization, Credit Karma synergies and AI adoption could help sustain double-digit growth. Upcoming fiscal-year 2027 guidance and management’s AI strategy are viewed as important catalysts. Intuit: Strong Fundamentals Amid AI Fears Make The Stock Attractive
• Neutral Sentiment: Options pricing implies a wide potential trading range rather than a clear directional signal, suggesting elevated uncertainty and the need for investors to manage position sizes carefully. Intuit's Options Price A Floor Below Anything The Stock Has Touched In A Year
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers. The complaints allege that the company misled investors about the sustainability of business growth, particularly TurboTax, and failed to disclose competitive and pricing pressures in its tax operations. The allegations have not been proven. Investors in the August 22, 2025–May 20, 2026 class period have until September 8, 2026 to seek lead-plaintiff status. The repeated notices add legal and reputational overhang to the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act

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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