Stoneridge Investment Partners LLC Lowers Stock Holdings in Intuit Inc. $INTU

Key Points

• Stoneridge Investment Partners LLC has reduced its stake in Intuit Inc. by 48.3%, selling 625 shares and owning a total of 669 shares worth approximately $411,000.
• Several hedge funds have significantly increased their investments in Intuit, with GAMMA Investing LLC raising its stake by over 69,000%, now owning shares valued at $17.35 billion.
• Intuit's earnings report revealed an EPS of $11.65 for the last quarter, exceeding analyst estimates, and the company has set its Q4 2025 guidance at $2.630-2.680 EPS.

Stoneridge Investment Partners LLC trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 48.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 669 shares of the software maker's stock after selling 625 shares during the period. Stoneridge Investment Partners LLC's holdings in Intuit were worth $411,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Osterweis Capital Management Inc. boosted its position in Intuit by 0.4% during the first quarter. Osterweis Capital Management Inc. now owns 43,151 shares of the software maker's stock valued at $26,494,000 after buying an additional 174 shares during the period. EntryPoint Capital LLC purchased a new stake in Intuit during the first quarter valued at about $586,000. ZEGA Investments LLC grew its holdings in shares of Intuit by 84.3% in the first quarter. ZEGA Investments LLC now owns 2,811 shares of the software maker's stock worth $1,726,000 after purchasing an additional 1,286 shares during the last quarter. Decatur Capital Management Inc. grew its holdings in shares of Intuit by 0.3% in the first quarter. Decatur Capital Management Inc. now owns 4,999 shares of the software maker's stock worth $3,069,000 after purchasing an additional 16 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of Intuit by 20.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 64,368 shares of the software maker's stock worth $39,484,000 after purchasing an additional 10,764 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Stock Down 0.6%

INTU traded down $4.0620 on Monday, hitting $658.5980. The company had a trading volume of 1,027,639 shares, compared to its average volume of 1,804,171. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The stock has a fifty day simple moving average of $757.08 and a 200-day simple moving average of $675.53. The firm has a market capitalization of $183.72 billion, a P/E ratio of 47.93, a P/E/G ratio of 2.55 and a beta of 1.28.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period last year, the business posted $1.99 earnings per share. Intuit's quarterly revenue was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTU has been the topic of several recent analyst reports. Susquehanna restated a "positive" rating on shares of Intuit in a report on Friday, May 23rd. Wall Street Zen upgraded shares of Intuit from a "hold" rating to a "buy" rating in a report on Tuesday, April 29th. Citigroup dropped their target price on shares of Intuit from $815.00 to $803.00 and set a "buy" rating for the company in a report on Friday. Morgan Stanley dropped their target price on shares of Intuit from $900.00 to $880.00 and set an "overweight" rating for the company in a report on Friday. Finally, CLSA initiated coverage on shares of Intuit in a report on Thursday, June 26th. They set an "outperform" rating and a $900.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $797.62.

Insiders Place Their Bets

In other Intuit news, EVP Mark P. Notarainni sold 1,147 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $773.90, for a total transaction of $887,663.30. Following the completion of the transaction, the executive vice president owned 19 shares of the company's stock, valued at approximately $14,704.10. This trade represents a 98.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Lauren D. Hotz sold 1,738 shares of the firm's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $784.09, for a total value of $1,362,748.42. Following the transaction, the chief accounting officer directly owned 455 shares of the company's stock, valued at $356,760.95. This represents a 79.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 279,800 shares of company stock valued at $209,725,054 over the last ninety days. 2.68% of the stock is owned by corporate insiders.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.