Segall Bryant & Hamill LLC Has $12.05 Million Stock Position in Intuit Inc. $INTU

Segall Bryant & Hamill LLC lowered its position in shares of Intuit Inc. (NASDAQ:INTU) by 47.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,639 shares of the software maker’s stock after selling 16,025 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Intuit were worth $12,046,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in INTU. Tortoise Investment Management LLC lifted its position in Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the period. Westside Investment Management Inc. raised its stake in shares of Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after buying an additional 21 shares during the last quarter. Sagard Holdings Management Inc. bought a new stake in shares of Intuit during the second quarter worth approximately $28,000. True Wealth Design LLC lifted its holdings in Intuit by 270.0% in the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares during the period. Finally, Total Investment Management Inc. bought a new position in Intuit in the second quarter valued at approximately $33,000. Institutional investors own 83.66% of the company’s stock.

Intuit Trading Up 3.4%

NASDAQ INTU opened at $433.35 on Wednesday. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market cap of $119.84 billion, a P/E ratio of 28.07, a P/E/G ratio of 1.71 and a beta of 1.26. The stock’s 50-day moving average is $516.16 and its 200-day moving average is $612.68.

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

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. Intuit’s dividend payout ratio is presently 31.09%.

Insider Transactions at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 344,596 shares of company stock worth $227,352,014 in the last 90 days. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. UBS Group dropped their target price on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. The Goldman Sachs Group decreased their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Royal Bank Of Canada cut their target price on Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. KeyCorp reduced their target price on Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Finally, Citigroup lowered their price target on Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Twenty-three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and an average price target of $656.62.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build secure, industry‑specific AI agents for mid‑market businesses — a strategic move that leverages Intuit’s financial data and could support product stickiness and revenue expansion. Intuit Anthropic AI Pact Tests Growth Story For Mid Market Investors
• Positive Sentiment: Coverage highlighting Intuit’s long AI investment and data moat argues the company is positioning to survive competitive “SaaSpocalypse” pressures by partnering with the likes of OpenAI and Anthropic — a narrative that supports confidence in long‑term growth. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Positive Sentiment: Analyst and media pieces (including a Motley Fool buy idea) are promoting INTU as a beaten‑up growth name that may be attractive after the recent pullback — this can draw bargain hunters and momentum buyers. Got $1,000? 2 Stocks to Buy in March While They’re On Sale
• Neutral Sentiment: A recent Morgan Stanley TMT conference presentation transcript provides management commentary and detail that investors can use to reassess guidance and execution but it hasn’t produced a clear market catalyst by itself. INTU Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/flow signals have been noted in market commentary (a “power inflow” trading signal recently), which likely contributed to short‑term buying interest. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Multiple brokerages cut price targets (TD Cowen, Mizuho, RBC, Oppenheimer, BMO, UBS, JPMorgan, Deutsche, Citigroup, etc.), signaling reduced analyst conviction on near‑term valuation and contributing to selling pressure. TD Cowen Adjusts Price Target on Intuit
• Negative Sentiment: Short interest rose sharply (reported ~40% increase), which increases downside pressure and volatility risk if fundamentals disappoint or guidance is trimmed. Short Interest in Intuit Inc. Rises By 40.0%
• Negative Sentiment: Analysis of the recent drawdown notes a large P/E contraction (~50x to ~27x) and a 35–40% slide from late 2025 highs — reminders that valuation reset and macro/interest‑rate concerns remain key downside risks. Intuit’s 40% Slide: What Went Wrong?

About Intuit

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.