37,550 Shares in Intuit Inc. $INTU Bought by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Intuit Inc. (NASDAQ:INTU) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 37,550 shares of the software maker’s stock, valued at approximately $9,801,000.

Several other hedge funds have also recently added to or reduced their stakes in INTU. Evolve Private Wealth LLC acquired a new stake in shares of Intuit during the 2nd quarter worth about $422,000. W1M Asset Management Ltd purchased a new stake in shares of Intuit during the second quarter valued at approximately $487,000. Varma Mutual Pension Insurance Co purchased a new stake in shares of Intuit during the second quarter valued at approximately $13,300,000. XXEC Inc. bought a new stake in shares of Intuit in the second quarter worth $436,740,000. Finally, Westpac Banking Corp bought a new stake in Intuit during the second quarter valued at $6,238,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INTU has been the subject of several recent research reports. Rothschild & Co Redburn lowered their price target on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. Piper Sandler lifted their target price on shares of Intuit from $250.00 to $290.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 26th. Weiss Ratings downgraded Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. TD Cowen reiterated a “buy” rating on shares of Intuit in a report on Tuesday, August 18th. Finally, Susquehanna reduced their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $434.68.

Intuit Stock Performance

NASDAQ INTU traded up $1.45 on Monday, hitting $359.51. 1,842,109 shares of the stock were exchanged, compared to its average volume of 4,382,581. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $705.08. The business’s fifty day moving average is $307.36 and its 200 day moving average is $356.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45. The company has a market capitalization of $98.34 billion, a PE ratio of 21.79, a P/E/G ratio of 0.92 and a beta of 0.97.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the company earned $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. Research analysts anticipate that Intuit Inc. will post 23.07 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be issued a $1.38 dividend. This is an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a yield of 1.5%. Intuit’s dividend payout ratio (DPR) is 33.45%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Insider Activity at Intuit

In other Intuit news, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 2,146 shares of company stock valued at $662,666. Company insiders own 2.49% of the company’s stock.

About Intuit

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.