Roberts Glore & Co. Inc. IL Makes New Investment in Intuit Inc. $INTU

Roberts Glore & Co. Inc. IL acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 2,441 shares of the software maker’s stock, valued at approximately $637,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in INTU. Joseph Group Capital Management acquired a new position in Intuit in the fourth quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new stake in shares of Intuit during the 2nd quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Intuit during the 4th quarter worth $25,000. Osbon Capital Management LLC bought a new stake in shares of Intuit during the 2nd quarter worth $26,000. Finally, MidFirst Bank acquired a new position in shares of Intuit in the 2nd quarter worth $28,000. 83.66% of the stock is currently owned by institutional investors.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $357.46 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08. The business’s 50-day moving average price is $302.38 and its two-hundred day moving average price is $357.99. The company has a market capitalization of $97.78 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 1.16 and a beta of 0.97.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results 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 25.18% and a net margin of 21.91%.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 company earned $2.75 EPS. The firm’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts anticipate that Intuit Inc. will post 18.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

INTU has been the subject of several analyst reports. Weiss Ratings downgraded Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. Wells Fargo & Company reduced their price objective on shares of Intuit from $425.00 to $360.00 and set an “equal weight” rating for the company in a research note on Thursday, May 21st. Freedom Capital lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a research note on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Twenty analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $449.65.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal Q4 revenue of $4.35 billion, up 13.7% year over year and ahead of the roughly $4.27 billion consensus estimate. Adjusted EPS of $4.03 also exceeded expectations near $3.58-$3.59 and increased from $2.75 a year earlier. Intuit Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 revenue rose 14% to $21.45 billion, while diluted GAAP EPS increased 20% to $16.46. Credit Karma revenue grew 16%, Global Business Solutions revenue rose 14%, and the company repurchased $5.5 billion of stock during the year. Intuit Q4 Revenue and Fiscal 2026 Results
• Positive Sentiment: The board approved a quarterly cash dividend of $1.38 per share, adding shareholder-return support. Intuit Board Declares New Quarterly Cash Dividend

Insider Activity

In related news, Director Richard L. Dalzell sold 284 shares of Intuit 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 sale, the director owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is currently owned by insiders.

Intuit Profile

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.