DE Burlo Group Inc. Boosts Holdings in Intuit Inc. $INTU

DE Burlo Group Inc. lifted its holdings in Intuit Inc. (NASDAQ:INTU) by 771.2% in the third quarter, HoldingsChannel reports. The firm owned 26,485 shares of the software maker’s stock after buying an additional 23,445 shares during the quarter. Intuit makes up approximately 2.2% of DE Burlo Group Inc.’s holdings, making the stock its 24th biggest holding. DE Burlo Group Inc.’s holdings in Intuit were worth $18,087,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Fort Sheridan Advisors LLC boosted 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 buying an additional 15 shares during the period. BetterWealth LLC increased its position in shares of Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after acquiring an additional 15 shares during the period. Sachetta LLC raised its stake in shares of Intuit by 23.8% in the third quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after acquiring an additional 15 shares in the last quarter. Clearstead Trust LLC boosted its holdings in Intuit by 1.9% in the second quarter. Clearstead Trust LLC now owns 862 shares of the software maker’s stock valued at $679,000 after purchasing an additional 16 shares during the period. Finally, Vance Wealth LLC grew its stake in Intuit by 1.5% during the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock worth $879,000 after purchasing an additional 16 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTU has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft cut their price target on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Stifel Nicolaus cut their target price on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. BNP Paribas Exane reduced their target price on shares of Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a report on Monday, February 23rd. The Goldman Sachs Group decreased their price target on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $643.29.

Intuit Price Performance

Shares of NASDAQ INTU opened at $453.95 on Wednesday. The stock’s 50-day simple moving average is $495.09 and its 200-day simple moving average is $604.50. The firm has a market capitalization of $125.54 billion, a PE ratio of 29.40, a price-to-earnings-growth ratio of 1.90 and a beta of 1.27. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 24.23% and a net margin of 21.57%.The firm’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.32 earnings per share. 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 forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The business 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 annualized dividend and a dividend yield of 1.1%. Intuit’s dividend payout ratio is presently 31.09%.

Insider Activity at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 120,168 shares of company stock valued at $79,899,156. Corporate insiders own 2.49% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rothschild & Co Redburn upgraded INTU from Neutral to Buy and raised its price target to $700, signaling renewed confidence in the company’s resilience to AI disruption — a bullish signal for investor sentiment. Redburn upgrade
• Positive Sentiment: Intuit announced a partnership with Anthropic to deploy custom AI agents (Claude Agent SDK) to automate financial workflows — reinforces the company’s AI adoption story and potential product differentiation. Anthropic partnership
• Positive Sentiment: Short interest fell ~19.5% in February to about 6.69M shares (2.5% of float) and days-to-cover is low (~1.3), reducing the risk of a large short-squeeze dynamic and suggesting fewer bearish bets. (Data entry summarizing short interest)
• Positive Sentiment: Additional analyst support: Northcoast Research and other outlets have recently upgraded or featured Intuit, adding to constructive coverage momentum. Northcoast upgrade
• Neutral Sentiment: Coverage pieces highlighting Intuit’s long-term performance and inclusion in “software pick” lists may attract longer-term investors but are unlikely to move near-term price materially. Seeking Alpha picks 10-year returns
• Neutral Sentiment: Media features and screen highlights (e.g., Zacks) can raise visibility but are unlikely to change fundamentals immediately. Zacks highlight
• Negative Sentiment: Investors have reacted to Intuit’s tax-season quarter guidance and planned ramp in marketing/support spend, viewing near-term profitability as potentially pressured — a cited reason for intraday weakness. QuiverQuant analysis
• Negative Sentiment: Several brokers have trimmed price targets (examples: Truist cut its target to $500 from $739; other Street targets clustered lower), which increases downward valuation pressure even when ratings remain Buy. Truist PT cut Investment story shifting
• Negative Sentiment: Notable insider selling disclosed in recent data summaries has caught attention; while not proof of fundamental decline, heavy insider disposals can weigh on sentiment. (QuiverQuant insider activity summary)

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.