Ceeto Capital Group LLC Invests $1.23 Million in Intuit Inc. $INTU

Ceeto Capital Group LLC purchased a new stake in Intuit Inc. (NASDAQ:INTU) in the 3rd quarter, Holdings Channel reports. The firm purchased 1,800 shares of the software maker’s stock, valued at approximately $1,229,000.

Other hedge funds have also added to or reduced their stakes in the company. Tortoise Investment Management LLC lifted its holdings in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares in the last quarter. Sagard Holdings Management Inc. bought a new stake in shares of Intuit in the second quarter worth about $28,000. Total Investment Management Inc. acquired a new stake in shares of Intuit during the second quarter worth about $33,000. Kilter Group LLC acquired a new stake in shares of Intuit during the second quarter worth about $35,000. Finally, MTM Investment Management LLC lifted its holdings in shares of Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insider Buying and Selling at Intuit

In other Intuit news, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction on Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the sale, the director directly owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 120,501 shares of company stock worth $79,983,892 in the last three months. 2.49% of the stock is currently owned by company insiders.

Intuit Trading Up 1.1%

NASDAQ INTU opened at $439.96 on Friday. The stock has a market capitalization of $121.67 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 1.77 and a beta of 1.26. The stock’s 50 day moving average price is $482.31 and its two-hundred day moving average price is $600.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same period last year, the business earned $3.32 EPS. The business’s quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a $1.20 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. Intuit’s dividend payout ratio (DPR) is 31.09%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on INTU. JPMorgan Chase & Co. decreased their price objective on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Northcoast Research upgraded shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price on the stock in a report on Friday, March 6th. UBS Group reduced their price target on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Wells Fargo & Company lowered their price objective on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 24th. Finally, Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $634.26.

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.