2,727 Shares in Intuit Inc. $INTU Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 2,727 shares of the software maker’s stock, valued at approximately $752,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. XXEC Inc. purchased a new stake in shares of Intuit in the second quarter valued at approximately $436,740,000. BlackRock Inc. purchased a new stake in Intuit in the 2nd quarter valued at $6,851,859,000. Corient Private Wealth LP acquired a new stake in shares of Intuit in the 2nd quarter worth $40,545,000. Bank of America Corp DE acquired a new position in shares of Intuit during the 2nd quarter valued at about $589,841,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Intuit during the 2nd quarter valued at about $564,592,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Price Performance

INTU stock opened at $341.09 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $91.15 billion, a PE ratio of 20.67, a P/E/G ratio of 1.13 and a beta of 1.01. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $682.27. The business’s fifty day moving average price is $319.38 and its 200 day moving average price is $362.39.

Intuit (NASDAQ:INTU) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. Intuit’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the business posted $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, sell-side analysts anticipate that Intuit Inc. will post 23.02 EPS for the current year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were issued a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. Intuit’s dividend payout ratio (DPR) is currently 33.45%.

Insiders Place Their Bets

In related news, CAO Lauren Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the transaction, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This represents a 2.41% 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. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

INTU has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lowered Intuit from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $605.00 to $331.00 in a research note on Wednesday, August 26th. UBS Group reissued a “neutral” rating on shares of Intuit in a research report on Friday, September 18th. Barclays decreased their target price on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $300.00 price target on shares of Intuit in a research note on Friday, September 18th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $431.55.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
• Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
• Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
• Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

Intuit Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.