CWA Asset Management Group LLC Has $13.71 Million Stock Position in Intuit Inc. $INTU

CWA Asset Management Group LLC raised its position in Intuit Inc. (NASDAQ:INTU) by 60.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,698 shares of the software maker’s stock after buying an additional 7,823 shares during the quarter. CWA Asset Management Group LLC’s holdings in Intuit were worth $13,711,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of INTU. Fort Sheridan Advisors LLC grew its stake in Intuit by 2.1% in the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after acquiring an additional 15 shares during the period. BetterWealth LLC raised its position in shares of Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after purchasing an additional 15 shares during the period. Sachetta LLC lifted its holdings in shares of Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after purchasing an additional 15 shares in the last quarter. Vance Wealth LLC lifted its holdings in shares of Intuit by 1.5% during the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock valued at $879,000 after purchasing an additional 16 shares in the last quarter. Finally, PUREfi Wealth LLC lifted its holdings in shares of Intuit by 4.5% during the 3rd quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock valued at $252,000 after purchasing an additional 16 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on INTU shares. Truist Financial initiated coverage on Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 target price for the company. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and upped their price target for the company from $670.00 to $700.00 in a report on Tuesday, March 10th. BNP Paribas Exane raised shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective for the company in a research report on Monday, March 16th. Stifel Nicolaus dropped their price objective on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $638.06.

Intuit Price Performance

INTU stock opened at $455.78 on Friday. The company’s 50-day moving average price is $463.06 and its two-hundred day moving average price is $593.34. The firm has a market cap of $126.05 billion, a P/E ratio of 29.52, a P/E/G ratio of 1.83 and a beta of 1.26. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter last year, the business posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: U.S. appeals court tossed an FTC order that had barred Intuit from advertising TurboTax as “free” for simple returns — a material legal win that curtails a major regulatory overhang and potential compliance costs. US appeals court tosses FTC order against Intuit over TurboTax advertising
• Positive Sentiment: Morgan Stanley named Intuit a Top Pick and highlighted fiscal Q3 as a potential catalyst tied to tax-season visibility and growth — analyst endorsements can drive demand and support multiple expansion. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Ongoing buy-side and sell-side coverage is constructive — several outlets flag INTU as a buy/sales-growth name, reinforcing investor confidence ahead of tax-season results. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Positive Sentiment: Underlying fundamentals remain supportive: Intuit beat last quarter’s EPS and revenue (EPS $4.15 vs. $3.68 est.; revenue $4.65B vs. $4.53B) and provided FY/Q3 guidance — these results and guidance underpin the bullish analyst narratives.
• Neutral Sentiment: CEO Sasan Goodarzi gave interviews addressing canceled insider stock sales; management commentary aims to reassure investors but the coverage is informational rather than a direct catalyst. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Negative Sentiment: Technical/valuation caveats: the stock is trading below its 50‑day moving average and well off its 12‑month high, and the 50‑day (≈$466.88) vs. 200‑day (≈$594.81) spread highlights recent downward momentum — these factors could limit near-term upside despite positive news.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director directly owned 13,253 shares of the company’s stock, valued at $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. This represents a 1.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 119,403 shares of company stock worth $79,242,742. 2.49% of the stock is currently owned by company insiders.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.