Atria Investments Inc Reduces Holdings in Intuit Inc. $INTU

Atria Investments Inc reduced its position in shares of Intuit Inc. (NASDAQ:INTU) by 6.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,268 shares of the software maker’s stock after selling 1,694 shares during the quarter. Atria Investments Inc’s holdings in Intuit were worth $16,738,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. GW&K Investment Management LLC boosted its stake in shares of Intuit by 8.6% during the 3rd quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock worth $138,000 after purchasing an additional 16 shares during the last quarter. Cannell & Spears LLC raised its holdings in Intuit by 0.4% in the third quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock valued at $2,641,000 after buying an additional 16 shares during the period. Betterment LLC raised its holdings in 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 buying an additional 16 shares during the period. Crawford Investment Counsel Inc. raised its holdings in Intuit by 4.7% in the third quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock valued at $257,000 after buying an additional 17 shares during the period. Finally, Value Partners Investments Inc. raised its stake in shares of Intuit by 0.4% during the fourth quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock valued at $2,629,000 after purchasing an additional 17 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

INTU has been the topic of a number of analyst reports. Erste Group Bank upgraded shares of Intuit to a “hold” rating in a research note on Monday, April 27th. Wolfe Research set a $550.00 price objective on shares of Intuit and gave the stock an “outperform” rating in a report on Thursday, March 12th. Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. Stifel Nicolaus reduced their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. Finally, The Goldman Sachs Group reduced their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $634.26.

Intuit Price Performance

NASDAQ INTU opened at $371.71 on Thursday. The stock’s 50-day moving average price is $415.65 and its two-hundred day moving average price is $524.25. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The company has a market cap of $102.80 billion, a PE ratio of 24.07, a PEG ratio of 1.56 and a beta of 1.04. Intuit Inc. has a 1 year low of $342.11 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, analysts predict that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were issued a $1.20 dividend. The ex-dividend date was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.3%. Intuit’s dividend payout ratio is currently 31.09%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced enhancements to Intuit Enterprise Suite and launched QuickBooks Workforce, expanding its AI-powered HR and financial management tools for mid-market and small business customers. Intuit Unlocks New Phase of Growth for Mid-Market Businesses, Combining Data and AI to Drive Faster, More Profitable Decisions
• Positive Sentiment: Wall Street articles highlighted that analysts see roughly 60% upside potential for INTU based on consensus price targets and improving earnings estimate revisions. Wall Street Analysts Believe Intuit (INTU) Could Rally 60.13%: Here’s is How to Trade
• Positive Sentiment: Several market commentary pieces framed Intuit as a beneficiary of the accelerating digital payments and AI software trend, which supports the company’s long-term growth story. Top Mobile Payments Stocks to Buy in an Accelerating Digital Era
• Neutral Sentiment: A new Vapi funding story noted that Intuit is among the enterprise customers using its voice AI platform, but this appears more informational than material for near-term earnings. Why Intuit (INTU) Dipped More Than Broader Market Today
• Negative Sentiment: Articles focused on Intuit’s 42.8% drop over the past six months, citing Mailchimp weakness, rising costs, and investor concern that strong AI and mid-market gains may not be enough to offset pressure in other parts of the business. Is INTU Stock a Buy, Hold or Sell After Its 42.8% Plunge in 6 Months?
• Negative Sentiment: Intuit was also mentioned in a broader software selloff article, suggesting the stock has been caught up in sector-wide weakness rather than only company-specific news. Marqeta, Toast, Dolby Laboratories, Intuit, and GoDaddy shares plummet, what you need to know

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.49% of the company’s stock.

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.