Intuit Inc. $INTU Holdings Boosted by Prana Capital Management LP

Prana Capital Management LP raised its stake in Intuit Inc. (NASDAQ:INTU) by 2,015.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,121 shares of the software maker’s stock after acquiring an additional 69,665 shares during the period. Intuit accounts for about 1.7% of Prana Capital Management LP’s investment portfolio, making the stock its 20th biggest holding. Prana Capital Management LP’s holdings in Intuit were worth $49,935,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Sagard Holdings Management Inc. acquired a new position in Intuit during the 2nd quarter valued at approximately $28,000. Total Investment Management Inc. bought a new position in Intuit during the 2nd quarter worth $33,000. Kilter Group LLC acquired a new stake in Intuit in the second quarter worth $35,000. MTM Investment Management LLC lifted its stake in Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new stake in Intuit in the third quarter valued at $33,000. 83.66% of the stock is owned by institutional investors.

Intuit Stock Performance

Shares of INTU opened at $459.28 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The firm’s 50 day moving average is $474.92 and its 200-day moving average is $596.84. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The stock has a market capitalization of $127.01 billion, a P/E ratio of 29.75, a P/E/G ratio of 1.82 and a beta of 1.26.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period last year, the firm posted $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

Analyst Ratings Changes

Several research firms have commented on INTU. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and upped their target price for the stock from $670.00 to $700.00 in a research report on Tuesday, March 10th. The Goldman Sachs Group reduced their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Mizuho decreased their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Susquehanna lowered their target price on Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research report on Tuesday, February 24th. Finally, Royal Bank Of Canada cut their target price on Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 120,501 shares of company stock valued at $79,983,892. Insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management paused preset insider stock sales and accelerated its share‑repurchase program, signaling the company thinks the stock is undervalued and returning capital to shareholders. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
• Positive Sentiment: Multiple analysts and buy ratings (and several $500–$700 price targets) continue to support a bullish case, giving investors conviction that Intuit’s growth and AI integration could drive a rebound. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Neutral Sentiment: Intuit publicly pushed back on AI-disruption fears, arguing customers pay for “confidence” and regulatory/data moats make its tax and small‑business products less vulnerable to pure AI substitutes. This is a narrative defense but may take time to change market perception. Why Intuit says it is insulated from AI disruption
• Negative Sentiment: A new federal bill, the Direct File Act (S.3948), would establish a free government-run direct tax‑filing system; if enacted and adopted by states, it could materially reduce TurboTax revenues and pressure pricing. This represents a clear regulatory/competitive risk to Intuit’s tax segment. New Bill: Senator Elizabeth Warren introduces S. 3948: Direct File Act of 2026
• Negative Sentiment: Third‑party migration efforts (Xendoo/Xero) are ramping up tools to move customers off QuickBooks as Intuit sunsets legacy desktop products — an immediate competitive headwind for retention and SMB wallet share. Q2X, Powered by Xendoo, Selected as Xero’s Preferred Migration Partner as Demand Surges for QuickBooks Alternative
• Negative Sentiment: Credit-market stress in the software sector — with debt investors trimming software exposure — highlights broader sentiment and funding risks that could amplify volatility for software stocks including Intuit if AI concerns persist. Analysis-Debt investors offloading exposure to software companies is latest sign of pain

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.