Intuit Inc. $INTU Stock: Mather Group LLC. Grows Stake

Mather Group LLC. grew its stake in Intuit Inc. (NASDAQ:INTU) by 115.5% in the third quarter, HoldingsChannel.com reports. The fund owned 3,164 shares of the software maker’s stock after acquiring an additional 1,696 shares during the period. Mather Group LLC.’s holdings in Intuit were worth $872,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of INTU. BlackRock Inc. acquired a new stake in Intuit in the second quarter worth $6,851,859,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Intuit by 102.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock worth $1,684,795,000 after purchasing an additional 1,972,719 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Intuit by 6.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock valued at $870,260,000 after buying an additional 215,814 shares during the period. Unisphere Establishment grew its holdings in shares of Intuit by 6.5% in the 1st quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock valued at $782,608,000 after buying an additional 110,000 shares during the period. Finally, Amundi grew its holdings in shares of Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after buying an additional 484,602 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
• Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
• Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
• Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
• Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Insider Transactions at Intuit

In other Intuit news, Director Richard Dalzell sold 285 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at $564,167.12. This represents a 35.78% decrease in their position. The SEC filing for this sale provides additional information. 2.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on INTU. Morgan Stanley dropped their price objective on Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $605.00 to $331.00 in a research note on Wednesday, August 26th. Royal Bank Of Canada restated an “outperform” rating and issued a $385.00 price target on shares of Intuit in a report on Friday, October 2nd. Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price target on the stock. in a research report on Wednesday, August 26th. Finally, Truist Financial reaffirmed a “hold” rating and set a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $431.55.

Intuit Stock Down 1.5%

Intuit stock opened at $325.15 on Friday. The stock has a market capitalization of $86.89 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Intuit Inc. has a twelve month low of $252.84 and a twelve month high of $689.17. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $321.16 and a 200-day moving average of $328.62.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the prior year, the firm earned $2.75 earnings per share. The firm’s revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, equities research analysts anticipate that Intuit Inc. will post 23.02 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, October 8th. This is a boost from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio (DPR) is currently 33.45%.

Intuit Company Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.