Intuit Inc. $INTU Shares Sold by Savant Capital LLC

Savant Capital LLC lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 66.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,738 shares of the software maker’s stock after selling 7,301 shares during the period. Savant Capital LLC’s holdings in Intuit were worth $2,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in INTU. Joseph Group Capital Management acquired a new position in shares of Intuit during the fourth quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit during the third quarter valued at approximately $33,000. Barnes Dennig Private Wealth Management LLC increased its stake in shares of Intuit by 54.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after acquiring an additional 19 shares during the period. Steph & Co. increased its stake in shares of Intuit by 346.2% during the fourth quarter. Steph & Co. now owns 58 shares of the software maker’s stock valued at $38,000 after acquiring an additional 45 shares during the period. Finally, High Point Wealth Management LLC acquired a new position in shares of Intuit during the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America reportedly reinstated a Buy rating on Intuit, which can help support sentiment and signal that Wall Street still sees long-term value in the shares.
• Positive Sentiment: Intuit expanded Mailchimp AI tools and integrations, including Analytics AI and connections with platforms like Shopify, Canva, Wix, WooCommerce, and Claude, reinforcing the company’s AI growth narrative and small-business software momentum. Article: Intuit Expands Mailchimp AI Tools And Integrations For Small Business Growth
• Positive Sentiment: Commentary highlighting how Intuit is overcoming fears of AI disruption may reassure investors that AI is acting more as a tailwind than a threat to its core software franchises. Article: Here’s How Intuit (INTU) is Overcoming the Fears of AI Disruption
• Neutral Sentiment: Articles comparing Intuit vs. PayPal frame INTU as a strong fintech/software contender, but they are more of an industry comparison than a direct catalyst. Article: Intuit vs. PayPal: Which Fintech Stock Is the Better Buy Now?
• Neutral Sentiment: Intuit is also getting more analyst and investor attention after its earnings call and recent coverage, but these items mainly keep the stock in focus rather than changing the fundamental story.
• Negative Sentiment: Multiple law firms and a securities-fraud investigation were announced, alleging possible pricing-related issues and false or misleading statements. That legal pressure could weigh on the shares and keep volatility elevated. Article: INTU Securities News: Intuit Investigated for Securities Fraud Over Pricing Issues
• Negative Sentiment: Argus lowered its price target on Intuit to $480 from $580 after the company reduced guidance, suggesting some near-term caution despite keeping a Buy rating.

Intuit Stock Performance

NASDAQ INTU opened at $331.53 on Monday. Intuit Inc. has a twelve month low of $300.50 and a twelve month high of $813.70. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The stock has a market cap of $90.69 billion, a price-to-earnings ratio of 20.08, a PEG ratio of 1.25 and a beta of 0.98. The firm’s 50 day moving average price is $390.41 and its two-hundred day moving average price is $497.41.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. During the same period in the previous year, the company posted $11.65 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. 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 analysts anticipate that Intuit Inc. will post 17.64 EPS for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is currently 29.07%.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares in the company, valued at $386,812.50. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on INTU shares. JPMorgan Chase & Co. lowered their price objective on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. UBS Group lowered their price objective on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. Royal Bank Of Canada decreased their price target on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Finally, Wall Street Zen lowered shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Twenty-four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $525.65.

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.