Turtle Creek Wealth Advisors LLC Grows Stock Position in Intuit Inc. $INTU

Turtle Creek Wealth Advisors LLC increased its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 20.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,265 shares of the software maker’s stock after buying an additional 2,881 shares during the quarter. Intuit comprises approximately 0.9% of Turtle Creek Wealth Advisors LLC’s portfolio, making the stock its 29th biggest holding. Turtle Creek Wealth Advisors LLC’s holdings in Intuit were worth $11,436,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its holdings in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC increased its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit during the 1st quarter worth approximately $785,564,000. Sivia Capital Partners LLC increased its holdings in Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after purchasing an additional 51 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.49% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on INTU shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Barclays restated an “overweight” rating and set a $540.00 price objective on shares of Intuit in a report on Monday, March 16th. Mizuho decreased their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. JPMorgan Chase & Co. decreased their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Finally, Northcoast Research upgraded Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price for the company in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $636.10.

Intuit Trading Down 6.2%

NASDAQ:INTU opened at $383.30 on Friday. Intuit Inc. has a 12-month low of $342.11 and a 12-month high of $813.70. The firm has a market capitalization of $106.00 billion, a P/E ratio of 24.83, a P/E/G ratio of 1.64 and a beta of 1.21. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The business has a 50 day simple moving average of $414.43 and a 200 day simple moving average of $548.37.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the firm posted $3.32 EPS. The business’s revenue for the quarter was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts predict that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.3%. Intuit’s payout ratio is currently 31.09%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Street support remains: multiple recent analyst buy/outperform ratings and a median price target near $600 support medium‑term upside, which can limit deeper selloffs. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
• Positive Sentiment: AI opportunity narrative: Intuit appears on lists of AI-themed names that could capture outsized long‑term growth, a tailwind if management converts AI into durable revenue/price power. 15 AI Stocks That Could Break the Trillion Dollar Barrier
• Neutral Sentiment: Increased investor attention: screening and search activity around INTU rose, which can amplify intra‑day moves but doesn’t by itself change fundamentals. Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Broader AI/tech coverage & content about trustworthy AI may shape sentiment over time but is not an immediate catalyst. Building AI You Can Trust With Your Money
• Negative Sentiment: Market reports note a sharp intraday drop for INTU, reflecting investor selling and headline‑driven flow. This spillover pressure is being reported across multiple outlets. Intuit (INTU) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Analysts and traders point to two key risks pressuring sentiment: 1) AI‑driven pricing/competitive risk that could compress traditional software economics, and 2) seasonality from the tax business that creates post‑filing volatility. These narrative risks are cited as main drivers of today’s selloff. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
• Negative Sentiment: Insider and institutional flows noted in reporting (large institutional reductions and multiple insider sales) increase perceived supply risk and may amplify downward moves. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure

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.