Intuit Inc. $INTU Position Raised by Alliancebernstein L.P.

Alliancebernstein L.P. grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 183.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,999,737 shares of the software maker’s stock after acquiring an additional 1,295,199 shares during the quarter. Alliancebernstein L.P. owned about 0.72% of Intuit worth $1,365,640,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of INTU. Fort Sheridan Advisors LLC lifted its position in Intuit by 2.1% in the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares during the last quarter. BetterWealth LLC grew its position in Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after purchasing an additional 15 shares during the last quarter. Sachetta LLC grew its position in Intuit by 23.8% in the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after purchasing an additional 15 shares during the last quarter. Vance Wealth LLC increased its stake in shares of Intuit by 1.5% in the second quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock valued at $879,000 after purchasing an additional 16 shares during the period. Finally, PUREfi Wealth LLC increased its stake in shares of Intuit by 4.5% in the third quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock valued at $252,000 after purchasing an additional 16 shares during the period. Institutional investors own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the transaction, the director owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares in the company, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 120,501 shares of company stock worth $79,983,892. 2.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on INTU. BNP Paribas Exane reduced their price objective on Intuit from $600.00 to $340.00 and set an “underperform” rating for the company in a research report on Monday, February 23rd. 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. Scotiabank set a $575.00 target price on Intuit in a research note on Friday, March 6th. Truist Financial started coverage on Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target for the company. Finally, Mizuho decreased their price target on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $634.26.

Intuit Stock Performance

Intuit stock opened at $439.96 on Friday. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The firm’s 50 day simple moving average is $482.31 and its 200-day simple moving average is $600.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $121.67 billion, a P/E ratio of 28.49, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the prior year, the firm earned $3.32 EPS. The firm’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. As a group, equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Intuit’s dividend payout ratio is presently 31.09%.

Intuit Company 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.