Intuit Inc. $INTU Shares Acquired by Procyon Advisors LLC

Procyon Advisors LLC lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 74.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,591 shares of the software maker’s stock after acquiring an additional 1,527 shares during the period. Procyon Advisors LLC’s holdings in Intuit were worth $2,379,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cyndeo Wealth Partners LLC raised its holdings in shares of Intuit by 2.7% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 6,184 shares of the software maker’s stock valued at $4,097,000 after buying an additional 161 shares during the last quarter. Everpar Advisors LLC boosted its stake in shares of Intuit by 6.2% during the fourth quarter. Everpar Advisors LLC now owns 961 shares of the software maker’s stock worth $637,000 after buying an additional 56 shares during the period. Crescent Sterling Ltd. grew its holdings in shares of Intuit by 13.0% during the fourth quarter. Crescent Sterling Ltd. now owns 1,750 shares of the software maker’s stock worth $1,159,000 after buying an additional 201 shares during the last quarter. Brady Family Wealth LLC purchased a new position in shares of Intuit during the fourth quarter worth about $296,000. Finally, Harbor Investment Advisory LLC increased its position in Intuit by 7.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 1,321 shares of the software maker’s stock valued at $875,000 after acquiring an additional 91 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,403 shares of company stock valued at $79,242,742 over the last 90 days. Company insiders own 2.49% of the company’s stock.

Intuit Price Performance

Shares of INTU opened at $455.78 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average is $463.06 and its two-hundred day moving average is $592.33. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The firm has a market capitalization of $126.05 billion, a PE ratio of 29.52, a P/E/G ratio of 1.83 and a beta of 1.26.

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

Intuit Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on INTU. Argus reduced their price objective on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Scotiabank set a $575.00 target price on Intuit in a report on Friday, March 6th. Mizuho cut 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. Wells Fargo & Company decreased their price target on Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a report on Tuesday, February 24th. Finally, BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective on the stock 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus target price of $638.06.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: U.S. appeals court tossed an FTC order that had barred Intuit from advertising TurboTax as “free” for simple returns — a material legal win that curtails a major regulatory overhang and potential compliance costs. US appeals court tosses FTC order against Intuit over TurboTax advertising
• Positive Sentiment: Morgan Stanley named Intuit a Top Pick and highlighted fiscal Q3 as a potential catalyst tied to tax-season visibility and growth — analyst endorsements can drive demand and support multiple expansion. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Ongoing buy-side and sell-side coverage is constructive — several outlets flag INTU as a buy/sales-growth name, reinforcing investor confidence ahead of tax-season results. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Positive Sentiment: Underlying fundamentals remain supportive: Intuit beat last quarter’s EPS and revenue (EPS $4.15 vs. $3.68 est.; revenue $4.65B vs. $4.53B) and provided FY/Q3 guidance — these results and guidance underpin the bullish analyst narratives.
• Neutral Sentiment: CEO Sasan Goodarzi gave interviews addressing canceled insider stock sales; management commentary aims to reassure investors but the coverage is informational rather than a direct catalyst. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Negative Sentiment: Technical/valuation caveats: the stock is trading below its 50‑day moving average and well off its 12‑month high, and the 50‑day (≈$466.88) vs. 200‑day (≈$594.81) spread highlights recent downward momentum — these factors could limit near-term upside despite positive news.

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.