1,696 Intuit Inc. $INTU Shares Purchased by Mather Group LLC.

Mather Group LLC. boosted its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 115.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,164 shares of the software maker’s stock after purchasing an additional 1,696 shares during the period. Mather Group LLC.’s holdings in Intuit were worth $872,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Intuit during the second quarter worth approximately $6,851,859,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Intuit by 102.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after acquiring an additional 1,972,719 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Intuit by 6.9% in the 2nd 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 acquiring an additional 215,814 shares in the last quarter. Unisphere Establishment boosted its holdings in shares of Intuit by 6.5% in the 1st quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock worth $782,608,000 after acquiring an additional 110,000 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock worth $675,878,000 after acquiring an additional 484,602 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on INTU shares. Stifel Nicolaus restated a “hold” rating and set a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. UBS Group reiterated a “neutral” rating on shares of Intuit in a research report on Friday, September 18th. Weiss Ratings reissued a “sell (d+)” rating on shares of Intuit in a research note on Tuesday, September 8th. Truist Financial reissued a “hold” rating and issued a $300.00 price objective on shares of Intuit in a research note on Friday, September 18th. Finally, JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $605.00 to $331.00 in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $431.55.

Check Out Our Latest Stock Report on INTU

Insiders Place Their Bets

In other news, Director Richard Dalzell sold 285 shares of Intuit 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 completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This trade represents a 2.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. The SEC filing for this sale provides additional information. 2.49% of the stock is currently owned by company insiders.

Intuit Trading Down 1.5%

Shares of NASDAQ INTU opened at $325.15 on Friday. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $689.17. The company has a market cap of $86.89 billion, a PE ratio of 19.71, a P/E/G ratio of 0.95 and a beta of 1.01. 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 company has a 50-day moving average of $321.16 and a two-hundred day moving average of $328.62.

Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $4.27 billion. During the same period in the prior year, the business earned $2.75 earnings per share. Intuit’s quarterly revenue was up 13.7% on a year-over-year basis. 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 analysts expect that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. 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 33.45%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
  • Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
  • Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
  • Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
  • Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Intuit 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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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