Heritage Family Offices LLP Makes New $1.10 Million Investment in Intuit Inc. $INTU

Heritage Family Offices LLP bought a new position in Intuit Inc. (NASDAQ:INTU) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 1,666 shares of the software maker’s stock, valued at approximately $1,104,000.

Other large investors have also recently modified their holdings of the company. Sagard Holdings Management Inc. purchased a new stake in Intuit in the second quarter worth about $28,000. MTM Investment Management LLC grew 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 worth $32,000 after acquiring an additional 27 shares during the period. Total Investment Management Inc. purchased a new position in shares of Intuit during the 2nd quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Intuit in the 3rd quarter worth approximately $33,000. Finally, Kilter Group LLC bought a new position in shares of Intuit in the 2nd quarter worth approximately $35,000. Institutional investors own 83.66% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fifth Circuit court victory removes FTC restrictions on Intuit’s “free” TurboTax advertising, easing a regulatory overhang that previously limited marketing and could help customer acquisition and top-line growth. Intuit beats FTC in court, ending restrictions on “free” TurboTax ads
• Positive Sentiment: Wall Street support: some firms (e.g., Rothschild & Co Redburn; Morgan Stanley coverage noted) have upgraded or reiterated Buy ratings and raised price targets, signaling analyst confidence in Intuit’s earnings durability and AI positioning. Analysts Rate Intuit (INTU) Buy as AI Threats Remain Limited
• Neutral Sentiment: New product tools for UK sole traders (HMRC’s Making Tax Digital) are incremental revenue/retention opportunities but not a material near-term catalyst. Intuit launches new time saving tools to help sole traders tackle HMRC’s Making Tax Digital for Income Tax
• Neutral Sentiment: Analyst consensus and price-target commentary (Zacks and others) point to significant upside potential on models, but that upside is already reflected unevenly across research notes — contributing to mixed intra-day flows rather than a clear directional trigger. Does Intuit (INTU) Have The Potential To Rally 37.73% As Wall Street Analysts Expect?
• Neutral Sentiment: Recent short-interest reports in the feed show anomalous “0 shares / NaN” increases — this looks like a data glitch and isn’t informative about genuine short pressure or days-to-cover metrics.
• Negative Sentiment: Legislative risk from H.R. 7806 (Direct File Act) — a proposal to create a free federal tax filing system — represents a clear medium-term threat to TurboTax’s addressable market if enacted or if it gains momentum; this is likely the main source of downside concern among investors today. New Bill: Representative Brad Sherman introduces H.R. 7806: Direct File Act of 2026

Analysts Set New Price Targets

INTU has been the topic of several research reports. Wolfe Research set a $550.00 price target on Intuit and gave the company an “outperform” rating in a research report on Thursday, March 12th. Wells Fargo & Company decreased their price objective on Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a report on Tuesday, February 24th. Stifel Nicolaus lowered their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Scotiabank set a $575.00 target price on shares of Intuit in a report on Friday, March 6th. Finally, Guggenheim set a $633.00 target price on shares of Intuit in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

Intuit Price Performance

Shares of INTU opened at $432.45 on Wednesday. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The company has a market capitalization of $119.59 billion, a P/E ratio of 28.01, a price-to-earnings-growth ratio of 1.84 and a beta of 1.26. The firm has a 50 day moving average of $456.05 and a 200 day moving average of $589.15. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

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 the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period in the prior year, the firm posted $3.32 EPS. The firm’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, equities research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

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

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This represents a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,403 shares of company stock valued at $79,242,742 over the last quarter. Corporate insiders own 2.49% of the company’s stock.

Intuit Company 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.