Continuum Advisory LLC Invests $5.72 Million in Intuit Inc. $INTU

Posted by Geri Gentry on Sep 3rd, 2026

Continuum Advisory LLC purchased a new stake in Intuit Inc. (NASDAQ:INTU – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,920 shares of the software maker’s stock, valued at approximately $5,721,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INTU. Rakuten Investment Management Inc. raised its position in Intuit by 522.3% in the fourth quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after purchasing an additional 43,389 shares during the period. Bank of New York Mellon Corp increased its position in shares of Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after purchasing an additional 471,451 shares during the last quarter. Vestcor Inc increased its position in shares of Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Intuit by 119.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock valued at $37,452,000 after buying an additional 47,148 shares during the period. Finally, Beacon Pointe Advisors LLC purchased a new stake in Intuit in the 2nd quarter valued at about $1,643,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Down 0.6%

Shares of INTU stock opened at $342.94 on Thursday. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $705.08. The company has a 50 day moving average price of $312.74 and a 200 day moving average price of $354.92. The stock has a market capitalization of $93.81 billion, a P/E ratio of 20.78, a price-to-earnings-growth ratio of 1.01 and a beta of 0.98. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51.

Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the business earned $2.75 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. 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 predict that Intuit Inc. will post 23.03 EPS 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 yield of 1.6%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio (DPR) is 29.09%.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the 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 of the company’s stock, valued at $3,449,554.36. This trade represents a 2.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,146 shares of company stock valued at $662,666. 2.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Freedom Capital lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Royal Bank Of Canada decreased their price objective on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Intuit in a research report on Wednesday, August 26th. Evercore reiterated an “outperform” rating on shares of Intuit in a report on Tuesday, August 18th. Finally, UBS Group set a $370.00 price target on Intuit in a research report on Thursday, August 27th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Intuit currently has an average rating of “Hold” and an average price target of $434.68.

Get Our Latest Stock Report on INTU

More Intuit News

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Long-term value case: Zacks argues that Intuit’s depressed valuation and underlying fundamentals could offer substantial upside if the stock eventually regains its prior peak. Forget AI Stocks: Buy This Tech Stock Now for Value and 130% Upside
Positive Sentiment: Growth initiatives remain supportive: TurboTax Live is gaining traction through assisted tax services, artificial intelligence and new customer additions, while Credit Karma continues to benefit from expanding offerings and deeper TurboTax integration. Intuit’s TurboTax Live: Can Assisted Tax Sustain the Momentum?
Positive Sentiment: Capital returns and earnings outlook: Intuit recently increased its dividend and updated its buyback plans. KeyCorp projects fiscal 2028 earnings of $26.84 per share, above the current-year consensus of $23.07, suggesting analysts still see meaningful earnings growth. From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
Neutral Sentiment: Intuit’s latest quarterly results exceeded expectations, with $4.03 in adjusted earnings per share and $4.35 billion in revenue, while revenue increased 13.7% year over year. Management is targeting roughly 9%–10% growth for fiscal 2027, but investors are focused on the quality and durability of that growth.
Negative Sentiment: Litigation overhang: Several law firms are promoting a securities class action and the September 8 lead-plaintiff deadline. The allegations include misleading disclosures about generative-AI risks, Mailchimp performance, TurboTax growth and insider stock sales. These are allegations, not proven findings, but the volume of notices adds reputational and legal uncertainty. Pomerantz Law Firm Announces the Filing of a Class Action Against Intuit
Negative Sentiment: Analysts have reportedly reduced price targets following Intuit’s TurboTax growth-guidance cut, reinforcing concerns that a key franchise may be slowing and helping explain the stock’s recent weakness. INTU Shareholder Alert

Intuit Profile

(Free Report)

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.