Battery Global Advisors LLC Has $27.97 Million Stake in Intuit Inc. $INTU

Battery Global Advisors LLC decreased its position in Intuit Inc. (NASDAQ:INTU) by 2.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,956 shares of the software maker’s stock after selling 1,241 shares during the period. Intuit accounts for about 13.1% of Battery Global Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Battery Global Advisors LLC’s holdings in Intuit were worth $27,969,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Insigneo Advisory Services LLC grew its position in shares of Intuit by 33.7% during the 3rd quarter. Insigneo Advisory Services LLC now owns 1,953 shares of the software maker’s stock worth $1,333,000 after buying an additional 492 shares in the last quarter. Planning Alternatives Ltd. ADV lifted its stake in Intuit by 18.9% in the third quarter. Planning Alternatives Ltd. ADV now owns 504 shares of the software maker’s stock worth $344,000 after acquiring an additional 80 shares during the period. Mcdonald Partners LLC bought a new position in Intuit during the 3rd quarter worth about $264,000. Teachers Retirement System of The State of Kentucky increased its position in Intuit by 1.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 37,377 shares of the software maker’s stock valued at $25,525,000 after purchasing an additional 442 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in shares of Intuit by 2.6% in the 3rd quarter. Victory Capital Management Inc. now owns 1,054,331 shares of the software maker’s stock valued at $701,210,000 after purchasing an additional 27,047 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 344,596 shares of company stock valued at $227,352,014 over the last three months. 2.49% of the stock is owned by corporate insiders.

Intuit Stock Up 3.4%

Shares of INTU stock opened at $433.35 on Wednesday. The stock’s fifty day moving average price is $516.16 and its 200 day moving average price is $612.68. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The company has a market cap of $119.84 billion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter last year, the company earned $3.32 earnings per share. The company’s quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, research analysts expect 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, April 17th. Stockholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on INTU shares. Evercore reiterated an “outperform” rating and set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Truist Financial began coverage on Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 target price on the stock. Wells Fargo & Company cut their price target on Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Wolfe Research decreased their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Finally, Oppenheimer cut their target price on Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Twenty-three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $656.62.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build secure, industry‑specific AI agents for mid‑market businesses — a strategic move that leverages Intuit’s financial data and could support product stickiness and revenue expansion. Intuit Anthropic AI Pact Tests Growth Story For Mid Market Investors
• Positive Sentiment: Coverage highlighting Intuit’s long AI investment and data moat argues the company is positioning to survive competitive “SaaSpocalypse” pressures by partnering with the likes of OpenAI and Anthropic — a narrative that supports confidence in long‑term growth. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Positive Sentiment: Analyst and media pieces (including a Motley Fool buy idea) are promoting INTU as a beaten‑up growth name that may be attractive after the recent pullback — this can draw bargain hunters and momentum buyers. Got $1,000? 2 Stocks to Buy in March While They’re On Sale
• Neutral Sentiment: A recent Morgan Stanley TMT conference presentation transcript provides management commentary and detail that investors can use to reassess guidance and execution but it hasn’t produced a clear market catalyst by itself. INTU Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/flow signals have been noted in market commentary (a “power inflow” trading signal recently), which likely contributed to short‑term buying interest. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Multiple brokerages cut price targets (TD Cowen, Mizuho, RBC, Oppenheimer, BMO, UBS, JPMorgan, Deutsche, Citigroup, etc.), signaling reduced analyst conviction on near‑term valuation and contributing to selling pressure. TD Cowen Adjusts Price Target on Intuit
• Negative Sentiment: Short interest rose sharply (reported ~40% increase), which increases downside pressure and volatility risk if fundamentals disappoint or guidance is trimmed. Short Interest in Intuit Inc. Rises By 40.0%
• Negative Sentiment: Analysis of the recent drawdown notes a large P/E contraction (~50x to ~27x) and a 35–40% slide from late 2025 highs — reminders that valuation reset and macro/interest‑rate concerns remain key downside risks. Intuit’s 40% Slide: What Went Wrong?

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.