Intuit Inc. $INTU Shares Sold by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 73.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 172,752 shares of the software maker’s stock after selling 484,708 shares during the period. Intuit accounts for approximately 2.9% of Nicholas Hoffman & Company LLC.’s portfolio, making the stock its 8th biggest position. Nicholas Hoffman & Company LLC. owned about 0.06% of Intuit worth $117,974,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INTU. Sachetta LLC increased its holdings in shares of Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after buying an additional 15 shares during the last quarter. BetterWealth LLC increased its stake in Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after acquiring an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC lifted its stake in shares of Intuit by 2.1% in the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares during the last quarter. Mcrae Capital Management Inc. grew its holdings in shares of Intuit by 0.7% during the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after purchasing an additional 15 shares during the period. Finally, Telos Capital Management Inc. increased its position in shares of Intuit by 2.6% during the 2nd quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after purchasing an additional 15 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

INTU has been the subject of several research analyst reports. Jefferies Financial Group set a $650.00 target price on shares of Intuit in a research note on Sunday, February 22nd. Daiwa Securities Group lifted their target price on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. BMO Capital Markets decreased their price target on Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a research note on Friday. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Barclays decreased their target price on Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $681.11.

Intuit Stock Performance

Shares of Intuit stock opened at $409.03 on Friday. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70. The company has a market cap of $113.82 billion, a PE ratio of 26.49, a P/E/G ratio of 1.61 and a beta of 1.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The business has a 50-day simple moving average of $526.10 and a 200-day simple moving average of $618.06.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.02%. The company had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the previous year, the firm earned $3.32 earnings per share. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. 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, equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio is currently 32.81%.

Insiders Place Their Bets

In related news, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the completion of the sale, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at $8,893,486.20. This represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 388,464 shares of company stock worth $255,514,393. Insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 results beat: Intuit reported stronger-than-expected fiscal Q2 results — revenue grew ~17% and EPS topped consensus, and the company reaffirmed its FY26 revenue and EPS framework (FY26 EPS guide ~22.98–23.18). This confirms ongoing growth momentum and investor confidence in underlying businesses. Intuit Tops Q2 Earnings, Reaffirms FY26 Growth Outlook Amid AI Push
• Positive Sentiment: AI positioning: Management and analysts highlight Intuit’s AI investments (TurboTax, QuickBooks, Credit Karma integrations) as a structural tailwind — executives say AI is fueling the next growth phase and should deepen switching costs rather than displace the business. Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
• Positive Sentiment: Board signals confidence with dividend: Intuit declared a quarterly cash dividend of $1.20 per share (record April 9, pay April 17), underscoring cash generation and capital return policy. This supports income-oriented investor demand. Intuit Board Declares Cash Dividend, Signals Ongoing Confidence
• Neutral Sentiment: Analyst target updates mixed: Several firms trimmed price targets (Goldman, JPMorgan, Oppenheimer, RBC, others) but most maintained Buy/Outperform/Overweight stances — signaling caution on near-term multiple expansion while still backing the longer-term thesis. Monitor how these revisions affect sentiment and flows. Goldman Sachs adjusts price target on Intuit to $519 from $720; maintains neutral rating
• Negative Sentiment: Soft near-term guidance & higher marketing spend: Intuit’s Q3 guidance was softer than some expected — management flagged elevated marketing investment for peak U.S. tax season that will weigh on near-term margins and profit expectations, which triggered short-term selling pressure across headlines. Intuit Shares Tumble Despite Earnings Beat as Tax Season Outlook Disappoints
• Negative Sentiment: Market reaction: Despite the beat, coverage and write-ups emphasize the softer FQ3 outlook and tax-season margin pressure — multiple headlines note the stock initially slid after hours, reflecting sensitivity to forward guidance versus reported results. Investors should watch guidance execution and marketing ROI. Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook

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.