Intuit Inc. $INTU Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 13.1% during the fourth quarter, HoldingsChannel reports. The firm owned 467,884 shares of the software maker’s stock after buying an additional 54,037 shares during the period. Russell Investments Group Ltd.’s holdings in Intuit were worth $310,418,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in Intuit in the 1st quarter worth $785,564,000. Sivia Capital Partners LLC boosted its position in Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC boosted its position in Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after buying an additional 51 shares during the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Down 0.3%

Shares of Intuit stock opened at $280.99 on Wednesday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a market cap of $76.86 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.03 and a beta of 0.98. Intuit Inc. has a fifty-two week low of $268.01 and a fifty-two week high of $813.70. The business has a 50-day moving average price of $357.95 and a 200 day moving average price of $467.71.

Intuit (NASDAQ:INTU) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, sell-side analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.7%. Intuit’s dividend payout ratio (DPR) is 29.07%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some analysts still view Intuit as undervalued after its sharp recent pullback, with Zacks and other commentators pointing to the company’s AI-driven growth potential, improved fiscal 2026 guidance, and a discounted valuation versus peers.
• Neutral Sentiment: Recent commentary also argues that the market may be missing a more attractive growth engine inside Intuit, suggesting its long-term business mix could evolve beyond do-it-yourself tax preparation. Article Title
• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, arguing AI could hurt TurboTax revenue over time and pressure the company’s growth outlook. Article Title
• Negative Sentiment: Two shareholder-law investigations were announced, creating additional overhang and reinforcing investor concern that the stock’s recent decline may attract further legal claims. Article Title Article Title

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the sale, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 1,250 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director directly owned 1,250 shares of the company’s stock, valued at $386,812.50. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on INTU shares. KeyCorp dropped their target price on Intuit from $520.00 to $450.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Wells Fargo & Company reduced their price target on Intuit from $425.00 to $360.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. JPMorgan Chase & Co. lowered their price objective on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. BNP Paribas Exane dropped their price objective on Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, Weiss Ratings lowered Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. Twenty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $514.58.

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.