Doliver Advisors LP Purchases 3,389 Shares of Intuit Inc. $INTU

Doliver Advisors LP increased its position in Intuit Inc. (NASDAQ:INTU) by 190.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,171 shares of the software maker’s stock after purchasing an additional 3,389 shares during the quarter. Doliver Advisors LP’s holdings in Intuit were worth $1,350,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Intuit by 61.3% in the fourth 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 last quarter. Revolve Wealth Partners LLC grew its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares during the period. Nicholas Hoffman & Company LLC. bought a new stake in shares of Intuit during the 1st quarter valued at $785,564,000. Sivia Capital Partners LLC raised its position 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 valued at $698,000 after acquiring an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its stake in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after purchasing an additional 51 shares during the period. 83.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Morgan Stanley cut Intuit from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $580.00 to $335.00 in a research note on Tuesday, July 21st. Royal Bank Of Canada lowered their price objective on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. The Goldman Sachs Group downgraded Intuit from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $519.00 to $276.00 in a research note on Tuesday, June 2nd. UBS Group reduced their target price on Intuit from $440.00 to $360.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, Piper Sandler assumed coverage on Intuit in a report on Tuesday, July 14th. They issued an “underweight” rating and a $250.00 price target for the company. Nineteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $461.23.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the 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 completion of the transaction, the director directly owned 12,326 shares in the company, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The transaction 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 bought 1,250 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the transaction, the director owned 1,250 shares in the company, valued at $386,812.50. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by corporate insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
• Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
• Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
• Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
• Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Intuit Stock Up 0.6%

Shares of INTU stock opened at $336.44 on Wednesday. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $721.54. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average of $289.71 and a 200-day moving average of $369.14. The company has a market capitalization of $92.03 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 1.06 and a beta of 0.97.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities research analysts predict that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

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.