Intuit Inc. $INTU Shares Sold by Rathbones Group PLC

Rathbones Group PLC cut its stake in shares of Intuit Inc. (NASDAQ:INTU) by 9.9% during the fourth quarter, Holdings Channel reports. The firm owned 289,793 shares of the software maker’s stock after selling 31,762 shares during the quarter. Rathbones Group PLC’s holdings in Intuit were worth $191,965,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sagard Holdings Management Inc. purchased a new position in Intuit in the 2nd quarter worth about $28,000. MTM Investment Management LLC lifted its stake 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 in the last quarter. Total Investment Management Inc. acquired a new position in shares of Intuit in the second quarter worth about $33,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit in the third quarter worth about $33,000. Finally, Richardson Financial Services Inc. increased its position in shares of Intuit by 70.0% in the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock worth $35,000 after acquiring an additional 21 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 owned 13,611 shares in the company, valued at $8,848,511.10. The trade was 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 three months, insiders sold 41,666 shares of company stock worth $26,958,599. Insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. The Goldman Sachs Group reduced their price target on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Susquehanna cut their target price on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research note on Tuesday, February 24th. Wolfe Research set a $550.00 target price on Intuit and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Guggenheim set a $633.00 price target on Intuit in a report on Monday, March 16th. Finally, Wells Fargo & Company reduced their price objective on Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 24th. One 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit topped estimates and provided upbeat multi-quarter guidance earlier this year, supporting fundamentals (revenue growth, margins and EPS guidance) that underpin long-term valuation.
• Positive Sentiment: Product traction — Intuit’s AI agents are seeing high repeat usage (85%), suggesting customer retention and monetization of AI features rather than simple displacement risk. Intuit’s AI agents hit 85% repeat usage
• Positive Sentiment: Risk management move — Intuit is piloting Qodo’s AI code-review/governance tools to protect software quality, security and compliance as it scales AI in development, which should reassure enterprise customers and investors focused on operational risk. Intuit Uses Qodo AI Governance To Address Software Quality And Investor Risk
• Positive Sentiment: Consumer engagement — seasonal and how-to coverage for TurboTax and QuickBooks highlights continued mainstream adoption and marketing tailwinds for Intuit’s core products. Make Money Moves This Tax Season With TurboTax
• Neutral Sentiment: Industry trend — articles about the rise of the “AI-powered CFO” point to structural demand for AI-enabled financial tools, a long-term tailwind for Intuit but not an immediate revenue guarantee. The Rise Of The AI-Powered CFO
• Neutral Sentiment: Analyst view vs. market fear — some Wall Street notes see ~37% upside in INTU, but they also flag investor anxiety that AI could compress software multiples; that dynamic is keeping volatility elevated. Intuit Stock (INTU): Wall Street Sees 37% Upside, But Are AI Fears Over?
• Negative Sentiment: Broader AI-for-software concern — analysts and commentators warn that AI could depress valuations and slow deal activity in the software sector, a macro headwind that has contributed to INTU’s YTD decline and could keep near-term sentiment weak. ’You can’t vibe code’ an AI replacement for mission-critical software: analyst

Intuit Price Performance

Shares of INTU opened at $422.48 on Monday. The firm has a market cap of $116.84 billion, a PE ratio of 27.36, a PEG ratio of 1.70 and a beta of 1.21. The firm’s 50 day moving average price is $436.66 and its 200 day moving average price is $576.03. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The company had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the previous 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. As a group, research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The business 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 31.09%.

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.