Eagle Global Advisors LLC Invests $8.48 Million in Intuit Inc. $INTU

Eagle Global Advisors LLC acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,410 shares of the software maker’s stock, valued at approximately $8,475,000.

A number of other large investors also recently bought and sold shares of INTU. Tortoise Investment Management LLC boosted its position in Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its stake 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 worth $27,000 after purchasing an additional 21 shares during the last quarter. Dogwood Wealth Management LLC boosted its position in Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares in the last quarter. Sagard Holdings Management Inc. purchased a new position in Intuit in the second quarter valued at about $28,000. Finally, True Wealth Design LLC raised its holdings in Intuit by 270.0% in the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after purchasing an additional 27 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by company insiders.

Intuit Trading Down 6.4%

Shares of Intuit stock opened at $566.60 on Thursday. The firm’s 50 day simple moving average is $652.65 and its two-hundred day simple moving average is $687.41. The firm has a market capitalization of $157.67 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 2.47 and a beta of 1.25. 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 announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, January 9th. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday. Truist Financial started coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price for the company. Wolfe Research cut their price target 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. Daiwa Capital Markets upped their price target on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Finally, Independent Research set a $875.00 price objective on Intuit in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $794.62.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada and Intuit announced a partnership to serve small and mid‑sized businesses in Canada, which could expand Intuit’s customer reach and Drive recurring revenue in QuickBooks and related services. BDO Canada, Intuit team up
• Positive Sentiment: Zacks highlights Intuit as a strong growth stock—reiterating solid fundamentals, revenue growth drivers (SMB & consumer tax products), and favorable style scores that support longer‑term investor interest. Here’s Why Intuit is a Strong Growth Stock
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral (hold) rating and a $720 price target — the PT implies meaningful upside, but the neutral stance tempers near‑term buying momentum; Goldman also cited AI adoption as a tailwind. Goldman Sachs Assumes Coverage of Intuit
• Neutral Sentiment: Zacks also flagged INTU as drawing above‑average investor attention recently — increased search/traffic can precede volatility but isn’t directional on its own. Intuit is Attracting Investor Attention
• Neutral Sentiment: Coverage noting INTU “outperforms competitors despite losses” points to relative strength within the sector even as the stock pulls back—useful context for active traders and longs. Intuit outperforms competitors despite losses
• Negative Sentiment: Articles noting that Intuit’s stock “sinks as market gains” emphasize short‑term selling pressure and market‑wide rotation away from high‑multiple software names; this likely explains today’s decline. Intuit stock sinks as market gains

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.