Sather Financial Group Inc reduced its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 1.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 60,934 shares of the software maker’s stock after selling 1,137 shares during the quarter. Intuit accounts for approximately 2.3% of Sather Financial Group Inc’s investment portfolio, making the stock its 21st largest holding. Sather Financial Group Inc’s holdings in Intuit were worth $41,612,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. KMG Fiduciary Partners LLC increased its position in shares of Intuit by 1.8% in the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after purchasing an additional 14 shares during the period. Pinnacle Bancorp Inc. grew its stake in Intuit by 3.9% during the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock worth $296,000 after buying an additional 14 shares in the last quarter. Weaver Capital Management LLC increased its holdings in Intuit by 1.3% in the 2nd quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock valued at $888,000 after buying an additional 14 shares during the period. May Hill Capital LLC increased its holdings in Intuit by 4.2% in the 2nd quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after buying an additional 14 shares during the period. Finally, Peloton Wealth Strategists raised its position in shares of Intuit by 0.3% in the 1st quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker’s stock valued at $2,710,000 after buying an additional 15 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Evercore ISI reissued an “outperform” rating and issued a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. Truist Financial assumed coverage on shares of Intuit in a research report on Tuesday. They set a “buy” rating and a $739.00 price objective for the company. Daiwa Capital Markets boosted their target price on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $850.00 price target on shares of Intuit in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $794.92.
Insider Activity
In other Intuit news, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the transaction, the director owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 13,476 shares of the company’s stock, valued at approximately $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. Insiders sold 347,464 shares of company stock worth $228,860,293 over the last three months. 2.49% of the stock is currently owned by insiders.
Intuit Stock Performance
NASDAQ:INTU opened at $647.20 on Wednesday. The company has a market capitalization of $180.10 billion, a PE ratio of 44.24, a P/E/G ratio of 2.60 and a beta of 1.25. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. 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 company has a 50 day simple moving average of $656.92 and a two-hundred day simple moving average of $692.74.
Intuit (NASDAQ:INTU – Get Free Report) last announced 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. The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. Intuit’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.
Intuit Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s payout ratio is presently 32.81%.
Intuit News Summary
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Truist started coverage with a “buy” and a $739 price target, which can attract investor flows and short‑term momentum into the stock. Truist Initiates on Intuit
- Positive Sentiment: Intuit recently reported stronger revenue and earnings and set fiscal guidance (Q2 2026 EPS range), and the company declared a $1.20 quarterly dividend (ex‑dividend Jan 9, payable Jan 16) — reinforcing income orientation and near‑term shareholder support. Intuit Company Summary & News
- Neutral Sentiment: Market commentary and data pieces highlighting Intuit’s long‑term returns and recent outperformance help explain investor interest but are descriptive rather than new catalysts. $1,000 Invested in Intuit 10 Years Ago
- Neutral Sentiment: Seasonal coverage of TurboTax 2026 and tax‑season positioning reminds investors of recurring revenue exposure — supportive context ahead of fiscal updates but not an immediate catalyst. TurboTax 2026 Coverage
- Neutral Sentiment: Zacks and other outlets noting the stock’s recent price gains provide market color on momentum; useful for timing but not new fundamental data. Zacks: Intuit Laps the Market
- Neutral Sentiment: Large institutional ownership and recent position changes (disclosed in market filings) underline that Intuit is a heavily held, widely followed stock — this can amplify moves but also stabilizes liquidity. Institutional Holdings & Analyst Coverage
- Negative Sentiment: CFO Sandeep Aujla sold 1,335 shares (~$840k) and reduced his direct holding by about 71% per an SEC Form 4 filing — an insider sale that some investors interpret negatively even though sales can reflect personal diversification rather than company outlook. SEC Form 4 – Aujla Sale
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.
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