Intuit Inc. $INTU Shares Sold by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC decreased its position in shares of Intuit Inc. (NASDAQ:INTU) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,298 shares of the software maker’s stock after selling 4,203 shares during the period. Intuit accounts for approximately 3.6% of Mar Vista Investment Partners LLC’s portfolio, making the stock its 12th biggest holding. Mar Vista Investment Partners LLC’s holdings in Intuit were worth $39,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Intuit by 20.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after buying an additional 471,451 shares during the last quarter. Vestcor Inc raised its stake in Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after acquiring an additional 9,148 shares during the last quarter. NEOS Investment Management LLC raised its stake in Intuit by 63.8% during the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after acquiring an additional 47,330 shares during the last quarter. Rakuten Investment Management Inc. lifted its position in Intuit by 522.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock worth $34,852,000 after acquiring an additional 43,389 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its position in Intuit by 15.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after acquiring an additional 6,503 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on INTU shares. Truist Financial dropped their target price on Intuit from $500.00 to $410.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. BMO Capital Markets lowered their price objective on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. The Goldman Sachs Group cut shares of Intuit from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $519.00 to $276.00 in a research note on Tuesday, June 2nd. Guggenheim set a $633.00 price objective on shares of Intuit in a research report on Monday, March 16th. Finally, Mizuho reduced their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research note on Tuesday, May 26th. Twenty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $514.58.

Insiders Place Their Bets

In related news, Director Vasant M. Prabhu acquired 500 shares of Intuit stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the transaction, the director directly owned 1,750 shares of the company’s stock, valued at $541,992.50. The trade was a 40.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the sale, the director directly owned 12,326 shares in the company, valued at $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is currently owned by corporate insiders.

Intuit Stock Down 0.3%

Intuit stock opened at $280.99 on Wednesday. The stock’s 50 day moving average price is $357.95 and its 200 day moving average price is $467.71. Intuit Inc. has a 1-year low of $268.01 and a 1-year high of $813.70. The company has a market cap of $76.86 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 1.03 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter last year, the firm posted $11.65 EPS. The business’s revenue 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, sell-side analysts predict that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Intuit’s dividend payout ratio is presently 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some analysts still view Intuit as undervalued after its sharp recent pullback, with Zacks and other commentators pointing to the company’s AI-driven growth potential, improved fiscal 2026 guidance, and a discounted valuation versus peers.
• Neutral Sentiment: Recent commentary also argues that the market may be missing a more attractive growth engine inside Intuit, suggesting its long-term business mix could evolve beyond do-it-yourself tax preparation. Article Title
• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, arguing AI could hurt TurboTax revenue over time and pressure the company’s growth outlook. Article Title
• Negative Sentiment: Two shareholder-law investigations were announced, creating additional overhang and reinforcing investor concern that the stock’s recent decline may attract further legal claims. Article Title Article Title

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.