Dundas Partners LLP Purchases 6,874 Shares of Intuit Inc. $INTU

Dundas Partners LLP grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 18.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,762 shares of the software maker’s stock after buying an additional 6,874 shares during the period. Intuit accounts for 2.1% of Dundas Partners LLP’s investment portfolio, making the stock its 23rd largest position. Dundas Partners LLP’s holdings in Intuit were worth $29,886,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its position in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new position in shares of Intuit in the first quarter worth about $785,564,000. Sivia Capital Partners LLC increased its stake in shares of Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Intuit by 20.6% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker’s stock valued at $751,000 after purchasing an additional 163 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

Intuit stock opened at $481.17 on Monday. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. 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 firm has a market capitalization of $133.07 billion, a PE ratio of 31.16, a price-to-earnings-growth ratio of 1.93 and a beta of 1.27. The firm’s 50 day simple moving average is $503.41 and its 200 day simple moving average is $607.54.

Intuit (NASDAQ:INTU) last announced 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. The firm 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 business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Insiders Place Their Bets

In other Intuit news, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the transaction, the director directly owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s 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 completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 194,596 shares of company stock valued at $128,706,764 in the last ninety days. Corporate insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on INTU shares. KeyCorp dropped their price target on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Jefferies Financial Group set a $650.00 target price on shares of Intuit in a report on Sunday, February 22nd. Deutsche Bank Aktiengesellschaft dropped their target price on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Barclays cut their price target on Intuit from $785.00 to $540.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Finally, Truist Financial initiated coverage on Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $642.32.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 earnings beat & guidance: Intuit reported a better‑than‑expected quarter (EPS and revenue beats, revenue +17% y/y) and set Q3/FY26 guidance that supports continued growth — this is the main fundamental driver for the rally. INTU Stock Rises 18.3% Post Q2 Earnings
• Positive Sentiment: Big AI partnership: Intuit announced a broad collaboration with Anthropic to build customizable AI agents for mid‑market customers — this supports product differentiation, upsell potential and the company’s AI-driven revenue narrative. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analyst upgrades & upside to price targets: Multiple firms raised or reiterated bullish ratings (Northcoast upgrade to Buy with $575 PT; Argus strong‑buy; the consensus analyst targets imply material upside), underpinning investor confidence. Finviz (Northcoast upgrade) Wall Street Analysts Predict a 33.67% Upside
• Positive Sentiment: Sector rotation into software: Broader flows have favored software this week vs. semiconductors, lifting beaten-down software names including Intuit and providing a momentum tailwind. Tech Rotation Swings Back Toward Software
• Neutral Sentiment: Momentum & valuation questions: The stock has had a sharp multi‑day run (Forbes notes a 7‑day +30% move), prompting debate over whether the rally is overextended vs. justified by fundamentals. Monitor near‑term profit‑taking risk. Is Intuit Stock Rally Overextended Or Just Getting Started?
• Neutral Sentiment: Earnings acceleration theme: Screens and analyst commentary highlight improving EPS revisions and acceleration metrics — bullish signal, but execution and AI monetization will determine durability. 3 Best Earnings Acceleration Stocks to Buy in March 2026
• Negative Sentiment: Some price‑target trims despite buy ratings: A number of firms trimmed targets (Daiwa, TD Cowen, Mizuho, JPMorgan) even while keeping buy ratings — this signals varied views on upside and valuation sensitivity. That increases short‑term volatility risk if guidance/AI execution falters. Daiwa Lowers PT to $640

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.