Impact Partnership Wealth LLC Takes Position in Intuit Inc. $INTU

Impact Partnership Wealth LLC bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,573 shares of the software maker’s stock, valued at approximately $1,074,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INTU. Vanguard Group Inc. boosted its stake in Intuit by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock valued at $21,823,625,000 after acquiring an additional 377,657 shares during the last quarter. State Street Corp lifted its position in shares of Intuit by 1.0% during the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock worth $10,022,059,000 after purchasing an additional 125,990 shares during the last quarter. Geode Capital Management LLC grew its stake in Intuit by 1.8% in the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after purchasing an additional 115,721 shares in the last quarter. Norges Bank bought a new stake in Intuit in the second quarter valued at about $3,268,830,000. Finally, Invesco Ltd. raised its stake in Intuit by 13.2% during the second quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock valued at $2,745,492,000 after buying an additional 407,078 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its AI-driven tax and hiring capabilities, rolling out TurboTax Stores and integrations with Checkr — moves that could increase customer engagement, drive services revenue, and deepen recruitment workflows. Intuit Expands AI Tax And Hiring Platform With TurboTax Stores And Checkr
• Positive Sentiment: Intuit unveiled a Career Pipeline Program aimed at building a steady talent pipeline for roles across its businesses — a potential long‑term benefit for operating efficiency and product delivery. Intuit reveals Career Pipeline Program
• Neutral Sentiment: Intuit set a date to report Q2 FY2026 results on Feb. 26 (quarter ends Jan. 31). That earnings release and the conference call will be the next major catalyst that could move the stock. Intuit to Announce Second-Quarter Fiscal Year 2026 Results on Feb. 26
• Neutral Sentiment: Marketing efforts, such as a TurboTax campaign with NYC designers to spotlight small‑business creativity, are brand‑building but unlikely to move near‑term fundamentals. Intuit TurboTax Taps NYC Designers To Spotlight the Art of Business
• Neutral Sentiment: Analyst and investor commentary is drawing attention to Intuit right now, providing context but not a clear directional signal ahead of earnings. Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Shares have hit a 52‑week low, signaling increased selling pressure and weaker investor sentiment; that technical weakness can accelerate outflows and further price declines. Intuit stock hits 52-week low at 510.0 USD
• Negative Sentiment: Market coverage notes Intuit is falling more than the broader market today, reflecting valuation concerns, sector rotation, and investor caution ahead of results. Intuit (INTU) dips more than broader market: What you should know

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on INTU shares. Wolfe Research lowered their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a report on Monday, December 15th. The Goldman Sachs Group began coverage on shares of Intuit in a research report on Monday, January 12th. They issued a “neutral” rating and a $720.00 target price for the company. KeyCorp cut their price objective on Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. TD Cowen assumed coverage on Intuit in a report on Thursday, January 8th. They issued a “buy” rating and a $802.00 price target on the stock. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Intuit in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $791.73.

Intuit Stock Down 6.6%

NASDAQ INTU opened at $502.98 on Friday. Intuit Inc. has a twelve month low of $491.72 and a twelve month high of $813.70. The stock has a market cap of $139.96 billion, a PE ratio of 34.38, a PEG ratio of 2.20 and a beta of 1.25. The firm has a 50-day simple moving average of $628.53 and a 200 day simple moving average of $670.30. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating the consensus estimate of $3.09 by $0.25. The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, research analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were issued a $1.20 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. Intuit’s dividend payout ratio is presently 32.81%.

Insider Buying and Selling

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 388,464 shares of company stock worth $255,514,393 over the last 90 days. Corporate insiders own 2.49% of the company’s stock.

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.