Dearborn Partners LLC Makes New Investment in Intuit Inc. $INTU

Dearborn Partners LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 36,583 shares of the software maker’s stock, valued at approximately $9,548,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Betterment LLC grew its holdings in shares of Intuit by 2.1% in the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares in the last quarter. One Capital Management LLC raised its stake in Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after purchasing an additional 18 shares in the last quarter. Quadcap Wealth Management LLC lifted its position in Intuit by 1.0% during the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock valued at $1,230,000 after purchasing an additional 18 shares during the last quarter. Prentice Wealth Management LLC lifted its position in Intuit by 2.7% during the fourth quarter. Prentice Wealth Management LLC now owns 850 shares of the software maker’s stock valued at $563,000 after purchasing an additional 22 shares during the last quarter. Finally, Washington Trust Bank grew its stake in shares of Intuit by 3.0% in the 4th quarter. Washington Trust Bank now owns 790 shares of the software maker’s stock worth $523,000 after buying an additional 23 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit exceeded fiscal Q4 expectations, reporting adjusted EPS of $4.03 versus the $3.58 consensus and revenue of $4.35 billion versus $4.27 billion. Revenue increased 13.7% year over year, providing evidence that the core business remains profitable and resilient. Intuit Q4 Revenues Rise
• Positive Sentiment: The board raised Intuit’s quarterly dividend 15% to $1.38 per share, signaling confidence in cash generation and returning more capital to shareholders.
• Positive Sentiment: Management highlighted adoption of its AI products, saying 75% of enterprise customers use Intuit AI agents monthly. Bulls view the expanding AI platform and planned customer-acquisition investments as potential long-term growth drivers. Intuit AI Agent Adoption
• Neutral Sentiment: Intuit is pursuing a strategic “reset to reaccelerate” customer growth, including broader QuickBooks access and changes to TurboTax pricing. The plan could strengthen market share over time, but it is expected to pressure near-term revenue and margins. Intuit Expects Revenue Deceleration
• Neutral Sentiment: Analysts remain divided: TD Cowen maintained a Hold with a $346 target, while Oppenheimer retained Outperform at $380. This reflects uncertainty over whether the investment cycle will produce renewed growth.
• Negative Sentiment: Fiscal 2027 revenue guidance of approximately $23.28 billion to $23.51 billion, representing 9%–10% growth, fell below Wall Street expectations and marked a slowdown from recent growth rates. Concerns about TurboTax pricing pressure, customer losses and possible AI disruption overshadowed the Q4 beat. Intuit Fiscal 2027 Guidance
• Negative Sentiment: JPMorgan and Wolfe Research downgraded the stock, citing weaker growth prospects, while multiple firms cut price targets. In addition, several law firms publicized a securities class action alleging misleading statements about TurboTax growth and competitive pressures, with a September 8 lead-plaintiff deadline. Intuit Securities Class Action

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Freedom Capital downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Oppenheimer lowered their price target on shares of Intuit from $406.00 to $380.00 and set an “outperform” rating for the company in a report on Wednesday. Royal Bank Of Canada dropped their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Wolfe Research cut Intuit from an “outperform” rating to a “peer perform” rating in a research note on Wednesday. Finally, The Goldman Sachs Group raised their price objective on Intuit from $276.00 to $304.00 and gave the company a “sell” rating in a research note on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $434.68.

Intuit Price Performance

Intuit stock opened at $348.00 on Friday. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $705.08. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $305.53 and a 200-day moving average price of $356.69. The firm has a market capitalization of $95.19 billion, a PE ratio of 21.09, a price-to-earnings-growth ratio of 1.08 and a beta of 0.97.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results 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 company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same period in the prior year, the firm posted $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. As a group, equities research analysts forecast that Intuit Inc. will post 21.06 EPS for the current year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, October 8th. Intuit’s payout ratio is currently 29.07%.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 338 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the sale, the director directly owned 12,326 shares in the company, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,239 shares of company stock worth $348,354 over the last quarter. 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.