Intuit Inc. $INTU Stock Purchased by True Freedom Investing LLC

Posted by Brenda Bartman on Nov 2nd, 2026

True Freedom Investing LLC grew its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 60.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 10,901 shares of the software maker’s stock after acquiring an additional 4,097 shares during the quarter. True Freedom Investing LLC’s holdings in Intuit were worth $3,005,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Intuit in the second quarter valued at about $6,851,859,000. Arrowstreet Capital Limited Partnership grew its stake in Intuit by 102.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock worth $1,684,795,000 after buying an additional 1,972,719 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Intuit by 6.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock worth $870,260,000 after buying an additional 215,814 shares in the last quarter. Unisphere Establishment grew its stake in Intuit by 6.5% during the first quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock worth $782,608,000 after buying an additional 110,000 shares in the last quarter. Finally, Amundi increased its holdings in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after buying an additional 484,602 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on INTU. Royal Bank Of Canada restated an “outperform” rating and issued a $385.00 target price on shares of Intuit in a research report on Friday, October 2nd. Stifel Nicolaus restated a “hold” rating and set a $300.00 price objective on shares of Intuit in a research report on Friday, September 18th. Truist Financial restated a “hold” rating and set a $300.00 target price on shares of Intuit in a research note on Friday, September 18th. Morgan Stanley cut their target price on Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Finally, Piper Sandler raised their target price on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a report on Wednesday, August 26th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $431.55.

View Our Latest Research Report on INTU

Insider Buying and Selling at Intuit

In related news, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the sale, the director owned 11,531 shares in the company, valued at $3,751,726.16. This represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of Intuit stock opened at $341.09 on Monday. The firm has a market capitalization of $91.15 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 1.13 and a beta of 0.91. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average is $319.38 and its 200 day moving average is $362.39. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $682.27.

Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The firm’s revenue 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. Equities research analysts forecast that Intuit Inc. will post 23.02 earnings per share for the current fiscal 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 $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is currently 33.45%.

Intuit Company Profile

(Free Report)

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.