Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Intuit Inc. (NASDAQ:INTU – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,718 shares of the software maker’s stock, valued at approximately $7,100,000.
Other institutional investors also recently bought and sold shares of the company. Joseph Group Capital Management acquired a new position in Intuit in the fourth quarter valued at $25,000. Pin Oak Investment Advisors Inc. acquired a new position in Intuit in the third quarter valued at $33,000. Barnes Dennig Private Wealth Management LLC increased its stake in Intuit by 54.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after purchasing an additional 19 shares during the period. Steph & Co. increased its stake in Intuit by 346.2% in the fourth quarter. Steph & Co. now owns 58 shares of the software maker’s stock valued at $38,000 after purchasing an additional 45 shares during the period. Finally, High Point Wealth Management LLC acquired a new position in Intuit in the fourth quarter valued at $43,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Intuit news, Director Vasant M. Prabhu purchased 500 shares of Intuit stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the acquisition, the director directly owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.49% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Intuit
Intuit Stock Down 3.3%
INTU stock opened at $284.22 on Thursday. The company has a market cap of $77.75 billion, a P/E ratio of 17.22, a P/E/G ratio of 1.08 and a beta of 0.98. Intuit Inc. has a 52 week low of $281.93 and a 52 week high of $813.70. The company’s 50-day moving average price is $369.69 and its 200 day moving average price is $478.11. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the prior year, the firm earned $11.65 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, research analysts expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.
Intuit Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio is 29.07%.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Some commentators argue the selloff has created a buying opportunity, pointing to Intuit’s still-solid fundamentals and suggesting the stock may be oversold after the recent decline. Article: Intuit’s Stock Price Plunge Represents a Golden Buying Opportunity
- Positive Sentiment: Third-party valuation coverage says INTU could be materially undervalued, with one DCF-based analysis estimating a much higher fair value than the current share price. Article: Is INTU Undervalued? DCF Says Worth $720
- Neutral Sentiment: Intuit presented at recent investor conferences, which may help reassure investors about strategy and product execution, but these appearances did not include a major new catalyst. Article: Intuit Inc. (INTU) Presents at Mizuho Technology Conference 2026 Transcript
- Neutral Sentiment: Analysts and market commentary continue to frame Intuit as a growth and value stock, with some coverage highlighting its relatively low P/E versus history and peers. Article: Here’s Why Intuit (INTU) is a Strong Growth Stock
- Negative Sentiment: News flow around Intuit has turned more bearish after reports of a large stock drop tied to pricing concerns, with investigators looking into whether the company misled investors about TurboTax pricing. Article: Stock Drop Alert: Intuit (INTU) 20% Stock Drop on Pricing Issues Trigger Securities Fraud Investigation on behalf of Investors
- Negative Sentiment: Law firms have launched investor investigations into Intuit, adding legal overhang and reinforcing concerns that the stock’s decline may be tied to disclosure and pricing issues. Article: Intuit Investigation: Intuit (INTU) Investigated for Misrepresenting its Pricing Issues
- Negative Sentiment: One recent article highlighted that Intuit is leveraging new debt while facing AI-driven competitive pressure and cost-cutting measures, which may be raising investor concerns about margins and execution. Article: Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts
Intuit Company 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.
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