Intuit Inc. $INTU Position Raised by Proficio Capital Partners LLC

Proficio Capital Partners LLC grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 481.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,814 shares of the software maker’s stock after acquiring an additional 2,330 shares during the quarter. Proficio Capital Partners LLC’s holdings in Intuit were worth $734,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Clifford Swan Investment Counsel LLC increased its stake in shares of Intuit by 32.7% in the second quarter. Clifford Swan Investment Counsel LLC now owns 75,319 shares of the software maker’s stock valued at $19,658,000 after purchasing an additional 18,568 shares during the period. Railway Pension Investments Ltd grew its holdings in Intuit by 149.8% in the 2nd quarter. Railway Pension Investments Ltd now owns 128,000 shares of the software maker’s stock worth $33,408,000 after buying an additional 76,760 shares in the last quarter. CTC Alternative Strategies Ltd. acquired a new stake in Intuit in the 2nd quarter valued at approximately $365,000. Headlands Technologies LLC bought a new stake in Intuit during the 2nd quarter valued at $1,370,000. Finally, Quantitative Investment Management LLC boosted its position in Intuit by 68.7% during the 2nd quarter. Quantitative Investment Management LLC now owns 49,874 shares of the software maker’s stock worth $13,017,000 after acquiring an additional 20,310 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the sale, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,146 shares of company stock worth $662,666 over the last 90 days. Insiders own 2.49% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management’s fiscal 2027 outlook calls for approximately 9%–10% growth, while the CEO highlighted acquisitions as a priority. Intuit’s latest quarterly results also exceeded analyst expectations for revenue and earnings, supporting the company’s growth narrative. Intuit Q4 2026 Earnings Call Transcript
• Positive Sentiment: Credit Karma remains a key growth engine, with expansion into additional financial categories and deeper TurboTax integration potentially supporting sustained double-digit growth. Intuit’s Credit Karma Expands Reach
• Positive Sentiment: Intuit launched an integration with AI startup Perplexity, bringing QuickBooks and Mailchimp capabilities into Perplexity’s agentic AI assistant. The partnership could improve Intuit’s exposure to emerging AI-driven workflows. Intuit and Perplexity Team on AI Integrations
• Neutral Sentiment: Analysts remain cautiously optimistic, but recent commentary questions whether Intuit’s valuation is justified by its fiscal 2027 guidance, dividend increase and planned share repurchases. Can Intuit Justify Its Valuation?
• Negative Sentiment: Multiple law firms announced or promoted securities lawsuits against Intuit and certain officers. The complaints allege that investors were misled about generative AI risks, TurboTax growth and Mailchimp performance; these are allegations, not proven findings. The September 8 deadline for investors to seek lead-plaintiff status is generating additional negative attention. Pomerantz Class Action Announcement

Intuit Stock Down 4.0%

NASDAQ INTU opened at $344.93 on Wednesday. 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’s 50 day simple moving average is $311.12 and its 200 day simple moving average is $355.31. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $705.08. The company has a market capitalization of $94.35 billion, a P/E ratio of 20.90, a PEG ratio of 0.93 and a beta of 0.98.

Intuit (NASDAQ:INTU) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The firm had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the firm posted $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts expect that Intuit Inc. will post 23.07 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s payout ratio is presently 29.09%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Oppenheimer lowered their price target on Intuit from $406.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, August 26th. Evercore restated an “outperform” rating on shares of Intuit in a research report on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Weiss Ratings lowered shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. Finally, Piper Sandler upped their target price on Intuit from $250.00 to $290.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 26th. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Intuit currently has an average rating of “Hold” and an average price target of $434.68.

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, 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.