Farther Finance Advisors LLC Purchases 3,684 Shares of Intuit Inc. $INTU

Farther Finance Advisors LLC boosted its position in Intuit Inc. (NASDAQ:INTU) by 48.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,322 shares of the software maker’s stock after purchasing an additional 3,684 shares during the quarter. Farther Finance Advisors LLC’s holdings in Intuit were worth $7,732,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC boosted its holdings in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the period. Westside Investment Management Inc. raised its position in shares of Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares in the last quarter. Dogwood Wealth Management LLC raised its position in shares of Intuit by 111.8% in the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares in the last quarter. Sagard Holdings Management Inc. bought a new stake in shares of Intuit in the second quarter valued at approximately $28,000. Finally, True Wealth Design LLC grew its position in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Daiwa Capital Markets lifted their price objective on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Evercore ISI restated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a $850.00 target price on shares of Intuit in a report on Friday, November 21st. Finally, BMO Capital Markets dropped their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $796.60.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $674.14 on Wednesday. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $187.60 billion, a price-to-earnings ratio of 46.08, a PEG ratio of 2.76 and a beta of 1.27. The firm has a 50 day simple moving average of $658.72 and a 200 day simple moving average of $699.86.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The company had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the prior year, the business earned $2.50 earnings per share. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s payout ratio is currently 32.81%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Circle to integrate stablecoins (USDC) as a payments rail — the company’s CFO framed stablecoins as a “digital dollar” rail. Investors view this as a meaningful push into faster settlement and embedded payments across QuickBooks/Small Business products, which could unlock new revenue streams and improve cash flow timing for merchant customers. Intuit CFO: Stablecoins are the new ‘digital dollar’ rail
• Positive Sentiment: Recent coverage profiles Intuit as an attractive large‑cap growth name with strong fundamentals and recurring revenue, reinforcing bullish sentiment among long‑term investors. That narrative supports premium valuation multiples for INTU. Is Intuit (INTU) One of the Best Large Cap Stocks to Invest In?
• Neutral Sentiment: Macro and analyst commentary is mixed: pieces examining Wall Street’s ratings note that broker upgrades/downgrades can move the stock short‑term but may not change the long‑term thesis — useful context for investors weighing analyst signals versus fundamentals. Is It Worth Investing in Intuit (INTU) Based on Wall Street’s Bullish Views?
• Negative Sentiment: Parnassus’ Core Equity Fund disclosed it sold INTU after share price appreciation — an institutional trim that can add selling pressure in the near term (likely rebalancing after gains rather than a change in conviction). Parnassus Core Equity Fund Sold Intuit (INTU) After Share Price Appreciation

Insider Activity at Intuit

In other Intuit news, Director Scott D. Cook sold 74,095 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $655.78, for a total transaction of $48,590,019.10. Following the completion of the transaction, the director owned 5,819,584 shares in the company, valued at approximately $3,816,366,795.52. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,098 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $675.00, for a total transaction of $741,150.00. Following the completion of the sale, the chief financial officer directly owned 197 shares in the company, valued at approximately $132,975. This represents a 84.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 270,897 shares of company stock worth $177,368,310 over the last ninety days. Insiders own 2.49% of the company’s stock.

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.