Stokes Capital Advisors LLC Sells 2,109 Shares of Intuit Inc. $INTU

Stokes Capital Advisors LLC trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 32.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,466 shares of the software maker’s stock after selling 2,109 shares during the quarter. Stokes Capital Advisors LLC’s holdings in Intuit were worth $1,931,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new stake in shares of Intuit in the 1st quarter valued at about $1,730,000. Louisiana State Employees Retirement System purchased a new position in shares of Intuit during the first quarter worth about $14,009,000. Fiduciary Alliance LLC increased its position in shares of Intuit by 80.2% in the first quarter. Fiduciary Alliance LLC now owns 4,753 shares of the software maker’s stock worth $2,055,000 after purchasing an additional 2,116 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in Intuit by 8.0% in the first quarter. Kestra Private Wealth Services LLC now owns 13,103 shares of the software maker’s stock valued at $5,665,000 after purchasing an additional 972 shares in the last quarter. Finally, Watchman Group Inc. raised its stake in Intuit by 7.4% in the first quarter. Watchman Group Inc. now owns 7,220 shares of the software maker’s stock valued at $3,122,000 after purchasing an additional 498 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Intuit Stock Down 2.7%

Shares of INTU opened at $255.07 on Friday. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a 50 day simple moving average of $341.35 and a two-hundred day simple moving average of $448.84. The firm has a market cap of $69.77 billion, a P/E ratio of 15.45, a P/E/G ratio of 0.96 and a beta of 0.98.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the firm posted $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, analysts forecast that Intuit Inc. will post 18.21 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is set to showcase its rebuilt AI infrastructure at VB Transform 2026, reinforcing its long-term investment in faster, more scalable AI tools that could support product innovation and growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
• Positive Sentiment: Market commentary says lower Treasury yields have helped support valuation for growth-oriented names like Intuit, which can ease some pressure on the stock. Sprout Social, Intuit, and PagerDuty Shares Skyrocket, What You Need To Know
• Positive Sentiment: Intuit’s QuickBooks partnership with Employment Hero could strengthen its business ecosystem and expand its payroll-related offerings. Intuit QuickBooks deepens partnership with Employment Hero for Payday Super
• Neutral Sentiment: Short interest data showed no meaningful short position change, so this update does not appear to be a major trading driver. Intuit Inc. (INTU) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Director Richard Dalzell sold a small block of shares under a pre-arranged trading plan, which is usually routine and not necessarily a bearish signal by itself. Richard Dalzell Sells 284 Shares of Intuit (NASDAQ:INTU) Stock
• Negative Sentiment: Intuit issued $1.74 billion in net proceeds from new senior notes, which may help refinance debt but also adds attention to leverage as the company faces pressure on TurboTax pricing and AI disruption concerns. Does Intuit’s New Debt and TurboTax Pricing Pressure Reframe Its AI Investment Story (INTU)?
• Negative Sentiment: Investor anxiety has risen after reports of pricing issues and a securities-fraud investigation notice, creating legal overhang for the stock. INTU Stock News: Intuit Stock Dropped 20% after Pricing Issues Disclosed
• Negative Sentiment: Another law firm has opened an investor claims investigation, adding to the legal uncertainty around Intuit. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
• Negative Sentiment: Stifel downgraded Intuit to Hold and cut its price target, citing the risk that management may reduce near- to medium-term growth expectations. Is Intuit (INTU) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?

Wall Street Analysts Forecast Growth

A number of research firms have commented on INTU. JPMorgan Chase & Co. cut their price target on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. TD Cowen lowered their price objective on shares of Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. BMO Capital Markets dropped their price objective on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Freedom Capital lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, Oppenheimer reduced their target price on Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Twenty-two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average price target of $498.40.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director directly owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 1,250 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the acquisition, the director owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders sold 1,239 shares of company stock worth $348,354. 2.49% of the stock is owned by corporate insiders.

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.