Howard Capital Management LLC Sells 2,412 Shares of Intuit Inc. $INTU

Howard Capital Management LLC lowered its position in Intuit Inc. (NASDAQ:INTU) by 23.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,822 shares of the software maker’s stock after selling 2,412 shares during the period. Howard Capital Management LLC’s holdings in Intuit were worth $2,157,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Annex Advisory Services LLC purchased a new stake in Intuit in the 3rd quarter valued at about $16,410,000. Andrews Advisory Associates LLC lifted its position in shares of Intuit by 32.4% during the 3rd quarter. Andrews Advisory Associates LLC now owns 1,841 shares of the software maker’s stock worth $507,000 after buying an additional 451 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of Intuit by 3.3% in the 3rd quarter. V Square Quantitative Management LLC now owns 9,148 shares of the software maker’s stock worth $2,522,000 after buying an additional 294 shares during the last quarter. RDA Financial Network boosted its stake in shares of Intuit by 3.6% in the 3rd quarter. RDA Financial Network now owns 4,546 shares of the software maker’s stock worth $1,253,000 after buying an additional 159 shares during the last quarter. Finally, TT Capital Management LLC purchased a new position in shares of Intuit in the 3rd quarter worth approximately $245,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on INTU. TD Cowen reaffirmed a “hold” rating and set a $346.00 price target on shares of Intuit in a research report on Friday, September 18th. Jefferies Financial Group dropped their price target on Intuit from $550.00 to $500.00 and set a “buy” rating on the stock in a report on Sunday, August 23rd. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $605.00 to $331.00 in a research report on Wednesday, August 26th. Wells Fargo & Company reduced their price objective on Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Finally, Mizuho restated an “outperform” rating and issued a $430.00 price objective on shares of Intuit in a research note on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intuit presently has an average rating of “Hold” and a consensus target price of $431.55.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 285 shares of Intuit stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the transaction, the director directly owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at $564,167.12. The trade was a 35.78% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.49% of the company’s stock.

Intuit Trading Down 1.5%

Shares of Intuit stock opened at $325.15 on Friday. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $689.17. The stock’s 50-day simple moving average is $321.16 and its 200 day simple moving average is $328.62. The stock has a market capitalization of $86.89 billion, a P/E ratio of 19.71, a P/E/G ratio of 0.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.

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 analyst estimates of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, research analysts anticipate that Intuit Inc. will post 23.02 EPS for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is currently 33.45%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
• Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
• Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
• Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
• Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Intuit Company Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.