Fluent Financial LLC Acquires Shares of 5,570 Intuit Inc. $INTU

Fluent Financial LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTUFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,570 shares of the software maker’s stock, valued at approximately $1,454,000.

A number of other institutional investors have also modified their holdings of INTU. Joseph Group Capital Management bought a new stake in Intuit in the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Intuit during the fourth quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. bought a new position in Intuit during the 3rd quarter worth approximately $33,000. Birchwood Financial Partners Inc. bought a new position in Intuit during the 4th quarter worth approximately $33,000. Finally, Steph & Co. grew its position in shares of Intuit by 346.2% in the 4th quarter. Steph & Co. now owns 58 shares of the software maker’s stock worth $38,000 after acquiring an additional 45 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $325.25 on Monday. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $762.48. The company has a market cap of $88.97 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 1.03 and a beta of 0.97. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $289.81 and its 200 day simple moving average is $371.84.

Intuit (NASDAQ:INTUGet Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the business earned $11.65 EPS. The firm’s revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts expect that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Intuit announced that Citrin Cooperman has made its AI-native Intuit Enterprise Suite available to clients. The partnership could support adoption of Intuit’s enterprise financial-management products among middle-market businesses and broaden growth beyond its traditional tax and small-business offerings. Citrin Cooperman Expands Its ERP and Advisory Offerings with Intuit Enterprise Suite
  • Neutral Sentiment: Several law firms, including Rosen, Bronstein Gewirtz & Grossman, Robbins, Pomerantz and others, issued investor notices concerning a securities class action covering purchases made from August 22, 2025, through May 20, 2026. The notices largely repeat the same case and encourage investors to seek lead-plaintiff status by September 8, 2026; they do not represent separate confirmed judgments against Intuit. INTU Investors Have Opportunity to Lead Intuit Inc. Securities Fraud Lawsuit
  • Negative Sentiment: The lawsuit alleges that Intuit and certain executives misled investors about the sustainability and growth prospects of TurboTax and failed to adequately disclose rising competition and pricing pressure in its tax-related operations. If the claims gain traction, Intuit could face litigation costs, settlement exposure and reputational damage. Intuit Inc. Stockholders Have Rights
  • Negative Sentiment: Intuit was also among software stocks pressured after Figma highlighted sharply higher artificial-intelligence investment costs. The sector development raises concerns about margin pressure and the return on AI spending, even though it is not specific to Intuit. Software Stocks Slide After Figma Flags Surging AI Costs

Analysts Set New Price Targets

INTU has been the subject of a number of research analyst reports. TD Cowen downgraded Intuit from a “buy” rating to a “hold” rating and lowered their price target for the company from $504.00 to $304.00 in a report on Tuesday, July 28th. Piper Sandler began coverage on shares of Intuit in a report on Tuesday, July 14th. They issued an “underweight” rating and a $250.00 price objective for the company. Morgan Stanley lowered shares of Intuit from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $580.00 to $335.00 in a research note on Tuesday, July 21st. Royal Bank Of Canada dropped their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Finally, Daiwa Securities Group reduced their price target on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Nineteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $460.45.

Read Our Latest Stock Analysis on INTU

Insider Transactions at Intuit

In other news, Director Vasant M. Prabhu acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the transaction, the director directly owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 284 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the transaction, the director directly owned 11,758 shares of the company’s stock, valued at $3,084,358.56. The trade was a 2.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,239 shares of company stock worth $348,354. Corporate insiders own 2.49% of the company’s stock.

About Intuit

(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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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