Heritage Family Offices LLP Buys Shares of 1,666 Intuit Inc. $INTU

Heritage Family Offices LLP bought a new position in Intuit Inc. (NASDAQ:INTU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,666 shares of the software maker’s stock, valued at approximately $1,104,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sagard Holdings Management Inc. bought a new position in shares of Intuit in the 2nd quarter worth approximately $28,000. MTM Investment Management LLC grew its position in Intuit by 135.0% during 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 period. Total Investment Management Inc. bought a new stake in Intuit during the second quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. purchased a new stake in Intuit during the third quarter valued at approximately $33,000. Finally, Kilter Group LLC bought a new position in Intuit in the second quarter worth approximately $35,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 119,403 shares of company stock worth $79,242,742. 2.49% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

INTU has been the topic of several analyst reports. UBS Group dropped their price target on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Wells Fargo & Company decreased their target price on Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Northcoast Research upgraded Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price on the stock in a research report on Friday, March 6th. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and boosted their price target for the company from $670.00 to $700.00 in a report on Tuesday, March 10th. Finally, Guggenheim set a $633.00 price target on Intuit in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $638.06.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fifth Circuit court victory removes FTC restrictions on Intuit’s “free” TurboTax advertising, easing a regulatory overhang that previously limited marketing and could help customer acquisition and top-line growth. Intuit beats FTC in court, ending restrictions on “free” TurboTax ads
• Positive Sentiment: Wall Street support: some firms (e.g., Rothschild & Co Redburn; Morgan Stanley coverage noted) have upgraded or reiterated Buy ratings and raised price targets, signaling analyst confidence in Intuit’s earnings durability and AI positioning. Analysts Rate Intuit (INTU) Buy as AI Threats Remain Limited
• Neutral Sentiment: New product tools for UK sole traders (HMRC’s Making Tax Digital) are incremental revenue/retention opportunities but not a material near-term catalyst. Intuit launches new time saving tools to help sole traders tackle HMRC’s Making Tax Digital for Income Tax
• Neutral Sentiment: Analyst consensus and price-target commentary (Zacks and others) point to significant upside potential on models, but that upside is already reflected unevenly across research notes — contributing to mixed intra-day flows rather than a clear directional trigger. Does Intuit (INTU) Have The Potential To Rally 37.73% As Wall Street Analysts Expect?
• Neutral Sentiment: Recent short-interest reports in the feed show anomalous “0 shares / NaN” increases — this looks like a data glitch and isn’t informative about genuine short pressure or days-to-cover metrics.
• Negative Sentiment: Legislative risk from H.R. 7806 (Direct File Act) — a proposal to create a free federal tax filing system — represents a clear medium-term threat to TurboTax’s addressable market if enacted or if it gains momentum; this is likely the main source of downside concern among investors today. New Bill: Representative Brad Sherman introduces H.R. 7806: Direct File Act of 2026

Intuit Stock Performance

Shares of NASDAQ INTU opened at $432.45 on Wednesday. The company has a market cap of $119.59 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.84 and a beta of 1.26. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The firm’s fifty day moving average is $456.05 and its two-hundred day moving average is $589.15.

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

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

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.