Trajan Wealth LLC bought a new position in Intuit Inc. (NASDAQ:INTU - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,692 shares of the software maker's stock, valued at approximately $6,967,000.
A number of other large investors have also made changes to their positions in INTU. Betterment LLC boosted its stake in shares of Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker's stock worth $532,000 after purchasing an additional 16 shares during the last quarter. One Capital Management LLC lifted its position in Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker's stock valued at $465,000 after buying an additional 18 shares in the last quarter. Quadcap Wealth Management LLC lifted its position in Intuit by 1.0% during the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker's stock valued at $1,230,000 after buying an additional 18 shares in the last quarter. Oakworth Capital Inc. raised its stake in shares of Intuit by 3.4% during the fourth quarter. Oakworth Capital Inc. now owns 676 shares of the software maker's stock valued at $448,000 after purchasing an additional 22 shares during the period. Finally, Prentice Wealth Management LLC raised its stake in shares of Intuit by 2.7% during the fourth quarter. Prentice Wealth Management LLC now owns 850 shares of the software maker's stock valued at $563,000 after purchasing an additional 22 shares during the period. Hedge funds and other institutional investors own 83.66% of the company's stock.
Insiders Place Their Bets
In related news, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 284 shares of the company's 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 completion of the transaction, the director directly owned 11,758 shares in the company, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 2,146 shares of company stock worth $662,666. 2.49% of the stock is owned by company insiders.
Intuit Trading Up 0.4%
Shares of Intuit stock traded up $1.45 during trading on Monday, hitting $359.51. 1,842,109 shares of the company were exchanged, compared to its average volume of 4,382,581. The firm has a market capitalization of $98.34 billion, a P/E ratio of 21.79, a price-to-earnings-growth ratio of 0.92 and a beta of 0.97. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $705.08. The firm's fifty day moving average price is $307.36 and its 200 day moving average price is $356.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45.
Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the firm earned $2.75 EPS. Intuit's quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, sell-side analysts expect that Intuit Inc. will post 23.07 earnings per share for the current fiscal year.
Intuit Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be paid a $1.38 dividend. This is a boost from Intuit's previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Intuit's dividend payout ratio (DPR) is currently 33.45%.
Key Headlines Impacting Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
- Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
- Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
- Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
- Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
- Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings
Wall Street Analysts Forecast Growth
INTU has been the subject of several recent research reports. Freedom Capital lowered shares of Intuit from a "strong-buy" rating to a "hold" rating 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. Weiss Ratings downgraded shares of Intuit from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, June 11th. Citigroup dropped their price objective on Intuit from $591.00 to $457.00 and set a "buy" rating on the stock in a report on Thursday, August 13th. Finally, The Goldman Sachs Group increased their price target on Intuit from $276.00 to $304.00 and gave the company a "sell" rating in a report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $434.68.
Check Out Our Latest Stock Report on INTU
Intuit Profile
(
Free Report)
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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.
The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.
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