Robinson Value Management Ltd. Makes New $2.92 Million Investment in Intuit Inc. $INTU

Robinson Value Management Ltd. bought a new stake in Intuit Inc. (NASDAQ:INTU) during the 1st quarter, HoldingsChannel reports. The fund bought 6,749 shares of the software maker’s stock, valued at approximately $2,918,000. Intuit makes up 1.6% of Robinson Value Management Ltd.’s holdings, making the stock its 28th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in INTU. Brighton Jones LLC lifted its stake in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit in the 1st quarter valued at $785,564,000. Sivia Capital Partners LLC raised its holdings in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after buying an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC raised its holdings in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Argus reduced their price objective on Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft lowered their target price on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Truist Financial dropped their target price on shares of Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group lowered shares of Intuit from a “neutral” rating to a “sell” rating and decreased their price target for the company from $519.00 to $276.00 in a report on Tuesday, June 2nd. Twenty-two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $490.39.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Zacks upgraded Intuit (INTU) to Rank #2 (Buy), citing improving earnings expectations and signaling near-term optimism that could help support the stock. Article Title
• Positive Sentiment: Another Zacks piece highlighted Intuit’s solid growth profile, reinforcing the view that the company still has strong long-term fundamentals. Article Title
• Positive Sentiment: Wall Street analyst sentiment remains broadly constructive, with the average brokerage recommendation for INTU still equivalent to a Buy. Article Title
• Neutral Sentiment: A marketing-focused article about Intuit Mailchimp and Canva discussed partnership-style growth marketing themes, but it does not appear to carry a direct, immediate earnings impact for INTU. Article Title
• Neutral Sentiment: Several comparison pieces on INTU vs. MSFT focus on valuation and relative attractiveness rather than a new company-specific catalyst. Article Title
• Negative Sentiment: Multiple law firms announced or promoted class-action lawsuits and securities-fraud investigations tied to alleged misstatements about TurboTax growth and pricing issues, which is the biggest near-term drag on sentiment for Intuit. Article Title
• Negative Sentiment: Piper Sandler reportedly initiated coverage with a sell-equivalent rating and a street-low price target, contributing to the stock’s decline. Article Title
• Negative Sentiment: Earlier reports also said INTU was hit after market hours as legal and valuation concerns intensified, adding to the recent weakness. Article Title

Intuit Stock Down 1.0%

Shares of NASDAQ INTU opened at $279.70 on Thursday. The company has a 50 day simple moving average of $307.54 and a 200 day simple moving average of $410.07. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70. The firm has a market cap of $76.51 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.03 and a beta of 1.00.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the firm posted $11.65 EPS. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. 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, research analysts forecast that Intuit Inc. will post 18.19 EPS for the current year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. Intuit’s payout ratio is currently 29.07%.

Insiders Place Their Bets

In related news, Director Vasant M. Prabhu purchased 500 shares of Intuit stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, for a total transaction of $154,855.00. Following the transaction, the director owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. This represents a 40.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director directly owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,239 shares of company stock valued at $348,354 over the last 90 days. 2.49% of the stock is currently owned by company 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.