Princeton Global Asset Management LLC Grows Stake in Intuit Inc. $INTU

Princeton Global Asset Management LLC grew its stake in shares of Intuit Inc. (NASDAQ:INTU) by 65.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,803 shares of the software maker’s stock after acquiring an additional 2,686 shares during the period. Princeton Global Asset Management LLC’s holdings in Intuit were worth $4,646,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of INTU. Tortoise Investment Management LLC grew its holdings in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the period. Westside Investment Management Inc. lifted its position in shares of Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Dogwood Wealth Management LLC lifted its position in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares during the last quarter. Sagard Holdings Management Inc. bought a new position in shares of Intuit during the 2nd quarter worth $28,000. Finally, True Wealth Design LLC increased its holdings in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after acquiring an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

INTU stock opened at $671.46 on Friday. The firm has a 50 day moving average of $657.99 and a 200-day moving average of $702.09. The firm has a market capitalization of $186.85 billion, a P/E ratio of 45.90, a price-to-earnings-growth ratio of 2.74 and a beta of 1.27. Intuit Inc. has a 12 month low of $532.65 and a 12 month high of $813.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter in the prior year, the firm posted $2.50 EPS. Intuit’s revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio (DPR) is currently 32.81%.

Insider Buying and Selling

In other Intuit news, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $658.84, for a total value of $49,413,000.00. Following the transaction, the director directly owned 5,893,679 shares in the company, valued at $3,882,991,472.36. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 270,897 shares of company stock worth $177,368,310 over the last ninety days. 2.49% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on INTU. Rothschild & Co Redburn upped their price objective on shares of Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Independent Research set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Wells Fargo & Company dropped their price target on shares of Intuit from $880.00 to $840.00 and set an “overweight” rating on the stock in a research note on Friday, November 21st. Evercore ISI reaffirmed an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a report on Tuesday, November 18th. Finally, Wolfe Research lowered their target price on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $796.60.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year Circle partnership: Intuit will integrate USDC/stablecoin infrastructure into TurboTax, QuickBooks, Credit Karma and Mailchimp to enable faster settlements, lower costs and programmable money rails — a strategic move that can deepen platform stickiness and unlock new payment flows. Intuit & Circle Team Up for Smarter Money Movement With Stablecoins
• Positive Sentiment: Market reaction: coverage and sector peers (e.g., Circle/CRCL) climbed on the deal, and analysts/market writeups note INTU’s move as credible product innovation that could accelerate payments volume and lower backend costs. Intuit & Circle Stocks Jump on New Stablecoin Collaboration
• Positive Sentiment: Brand and consumer product momentum: Intuit launched the next phase of its “Now This Is Taxes” campaign tying TurboTax and Credit Karma with AI and expert services — supports user acquisition and monetization for consumer-facing rails that could leverage the new stablecoin functionality. Intuit’s Consumer Platform Powers the Future of Tax Filing
• Neutral Sentiment: Strategic analysis: commentators note stablecoins could deepen Intuit’s moat but warn the company’s high valuation leaves less room for execution missteps — strategic upside tempered by elevated multiples. As Intuit Jumps Into Stablecoin Business, Should You Buy, Sell, Or Hold INTU Stock?
• Neutral Sentiment: Positive long‑term takes: some fintech stock screens and coverage list INTU as a top fintech buy for 2026 based on platform scale and hedge fund interest — supportive context but not immediate catalysts. Is Intuit the Best FinTech Stock to Buy in 2026?
• Negative Sentiment: Analyst price‑target cut: Wolfe Research trimmed its INTU target, signaling some analyst skepticism on near‑term upside and valuation resilience after recent strategic updates. Wolfe Research Cuts Intuit Price Target
• Negative Sentiment: Guidance/margin caution: coverage highlights investor sensitivity to softer margin guidance and the need for execution on AI and payments initiatives; if costs rise or adoption of stablecoin rails is slower than expected, stock downside is possible. How Investors May Respond To Intuit AI Partnership Progress And Softer Margin Guidance

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.