Intuit Inc. $INTU Stake Raised by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 90.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 248,030 shares of the software maker’s stock after acquiring an additional 117,570 shares during the period. SG Americas Securities LLC’s holdings in Intuit were worth $164,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Sagard Holdings Management Inc. bought a new stake in Intuit during the 2nd quarter valued at $28,000. MTM Investment Management LLC boosted its position in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after acquiring an additional 27 shares during the period. Total Investment Management Inc. bought a new position in shares of Intuit in the second quarter worth $33,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Intuit in the third quarter worth $33,000. Finally, Kilter Group LLC acquired a new position in shares of Intuit during the second quarter valued at $35,000. 83.66% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction 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. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,403 shares of company stock worth $79,242,742 over the last quarter. 2.49% of the stock is currently owned by insiders.

Intuit Stock Performance

NASDAQ:INTU opened at $457.45 on Tuesday. The company has a 50-day moving average of $459.50 and a 200-day moving average of $590.84. The firm has a market cap of $126.51 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 1.83 and a beta of 1.27. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70.

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

Intuit Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. Intuit’s dividend payout ratio is currently 31.09%.

Analysts Set New Price Targets

INTU has been the subject of several research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Intuit in a report on Monday, March 16th. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price on the stock in a research note on Friday, March 6th. Citigroup dropped their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Guggenheim set a $633.00 price target on shares of Intuit in a research note on Monday, March 16th. Finally, Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and increased their price objective for the company from $670.00 to $700.00 in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $638.06.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: A federal court ruled for Intuit, lifting prior restrictions on how TurboTax advertises “free” filings — a win that reduces regulatory/legal risk and should let Intuit more aggressively market TurboTax to regain share and cut customer-acquisition friction. Intuit beats FTC in court, ending restrictions on “free” TurboTax ads
• Positive Sentiment: WSJ coverage highlights CEO Sasan Goodarzi’s AI push — investors view Intuit’s AI investments as a multi-year growth lever (improving product stickiness, cross-sell and pricing power). That narrative supports sentiment despite near-term execution questions. Inside Intuit CEO Sasan Goodarzi’s AI Bet
• Positive Sentiment: Analyst consensus and research notes point to meaningful upside vs. current levels — Zacks highlights a mean price-target implying ~37% upside, which can attract buyers seeking analyst-driven gains. Does Intuit (INTU) Have the Potential to Rally 37.73% as Wall Street Analysts Expect?
• Positive Sentiment: Intuit continues to be cited as a mobile-payments/digital-payments play alongside banks and payments firms, reinforcing its positioning in secular digital-payment and SMB-fintech trends that support longer-term growth expectations. Buy 3 Giant Mobile Payments Stocks With Solid Short-Term Price Upside
• Neutral Sentiment: Coverage notes “mixed signals” from the Street — BNP Paribas bumped Intuit to Neutral from Underperform but set a modest $463 target, reflecting cautious conviction: analysts praise growth but remain concerned about valuation and near-term returns. Why Street Sends Mixed Signals on Intuit Inc. (INTU)
• Neutral Sentiment: Policy and media discussion about what “free” means in ads provides context for the legal dispute — useful background but less of an incremental catalyst now that the court lifted restrictions. What does ‘free’ mean, exactly?
• Neutral Sentiment: Survey reporting that many Americans feel financially literate but lack tax confidence is a broader demand signal for tax-prep services; it’s background demand support but not an immediate catalyst. Most Americans feel financially literate, but tax confidence and education gaps persist

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.