Vest Financial LLC raised its position in Intuit Inc. (NASDAQ:INTU – Free Report) by 166.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,789 shares of the software maker’s stock after acquiring an additional 59,876 shares during the quarter. Vest Financial LLC’s holdings in Intuit were worth $26,410,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTU. Janney Montgomery Scott LLC raised its stake in Intuit by 119.5% in the first 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 in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Intuit during the 2nd quarter worth about $1,643,000. J. Safra Sarasin Holding AG lifted its holdings in Intuit by 831.4% during the 1st quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock worth $11,817,000 after buying an additional 24,402 shares during the last quarter. Lindsell Train Ltd boosted its position in shares of Intuit by 20.2% during the 1st quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock worth $317,237,000 after acquiring an additional 123,448 shares in the last quarter. Finally, Cygnus Capital Advisors LLC acquired a new position in shares of Intuit during the 2nd quarter worth about $4,706,000. Institutional investors and hedge funds own 83.66% of the company’s stock.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Free Credit Karma Tax launch expands customer reach. Intuit introduced free federal tax filing through Credit Karma Tax, with faster refunds and AI-powered financial guidance. The offering could increase engagement across the Credit Karma ecosystem and create opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
- Positive Sentiment: Credit Karma continues to grow. Credit Karma revenue increased 20% to $2.64 billion in fiscal 2026. Investors are watching whether insurance and other offerings can diversify the business beyond personal loans and credit cards as lending standards tighten. Can Credit Karma Grow Beyond the Lending Cycle?
- Positive Sentiment: Analyst expectations remain constructive. Wall Street’s consensus price target implies roughly 26% potential upside, while favorable earnings-estimate revisions could provide near-term support. Intuit is also participating in AI-related growth through partnerships such as its expanded advisory arrangement with Aprio. Wall Street Analysts Think Intuit Could Surge
- Neutral Sentiment: AI is a longer-term opportunity, not an immediate earnings catalyst. Broader commentary argues that AI investment may continue for several years, but Intuit faces execution and monetization questions alongside other enterprise-software companies. The AI Buildout Is Only 15% Complete
- Negative Sentiment: Recent underperformance has renewed sell-side concerns. Intuit has lagged the broader market over the past six months, partly because of softer quarterly results. Bearish commentary highlights valuation, competition, cost pressures and uncertainty over whether new AI and Credit Karma initiatives can accelerate growth quickly enough. 3 Reasons to Sell INTU and 1 Stock to Buy Instead
Intuit Stock Performance
Shares of INTU opened at $335.61 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a market capitalization of $89.69 billion, a P/E ratio of 20.34, a P/E/G ratio of 1.11 and a beta of 1.01. The company’s fifty day moving average is $320.98 and its two-hundred day moving average is $325.91. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $689.17.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the company earned $2.75 EPS. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, sell-side analysts predict that Intuit Inc. will post 23.02 earnings per share for the current year.
Intuit Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were paid a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. Intuit’s dividend payout ratio is presently 33.45%.
Insider Buying and Selling at Intuit
In other news, CAO Lauren D. Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 285 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently weighed in on INTU. JPMorgan Chase & Co. lowered Intuit from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $605.00 to $331.00 in a research report on Wednesday, August 26th. Jefferies Financial Group lowered their price target on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a report on Sunday, August 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Intuit in a report on Tuesday, September 8th. Wolfe Research lowered shares of Intuit from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, August 26th. Finally, KeyCorp set a $400.00 price objective on shares of Intuit in a report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $431.55.
Check Out Our Latest Stock Report on Intuit
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.
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