DE Burlo Group Inc. Buys 15,925 Shares of Intuit Inc. $INTU

DE Burlo Group Inc. boosted its stake in Intuit Inc. (NASDAQ:INTU) by 60.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,410 shares of the software maker’s stock after purchasing an additional 15,925 shares during the period. Intuit comprises 3.4% of DE Burlo Group Inc.’s investment portfolio, making the stock its 14th largest position. DE Burlo Group Inc.’s holdings in Intuit were worth $28,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in INTU. Destination Wealth Management bought a new position in shares of Intuit in the fourth quarter worth approximately $1,125,000. Dockside LLC bought a new stake in Intuit during the 4th quarter valued at $1,403,000. Eventide Asset Management LLC raised its holdings in Intuit by 3.4% during the 4th quarter. Eventide Asset Management LLC now owns 18,720 shares of the software maker’s stock valued at $12,437,000 after buying an additional 618 shares during the last quarter. Evelyn Partners Investment Management LLP boosted its position in Intuit by 5.3% during the 4th quarter. Evelyn Partners Investment Management LLP now owns 25,606 shares of the software maker’s stock valued at $16,962,000 after buying an additional 1,285 shares during the period. Finally, Brasada Capital Management LP grew its holdings in Intuit by 6.4% in the 4th quarter. Brasada Capital Management LP now owns 6,306 shares of the software maker’s stock worth $3,969,000 after acquiring an additional 379 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling

In other news, Director Vasant M. Prabhu acquired 1,250 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares in the company, valued at $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

INTU has been the topic of a number of analyst reports. Stifel Nicolaus decreased their price objective on shares of Intuit from $500.00 to $375.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Northcoast Research cut their target price on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Wolfe Research restated an “outperform” rating and set a $400.00 price target on shares of Intuit in a report on Thursday, May 21st. Royal Bank Of Canada lowered their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, Jefferies Financial Group dropped their price objective on Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $514.58.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

Intuit Trading Down 0.1%

Shares of INTU opened at $276.73 on Friday. Intuit Inc. has a 1-year low of $268.01 and a 1-year high of $813.70. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm’s 50-day moving average price is $363.60 and its 200-day moving average price is $474.00. The firm has a market capitalization of $75.70 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 1.01 and a beta of 0.98.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) 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 company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the firm earned $11.65 earnings per share. Intuit’s revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Sell-side analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be given 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 dividend payout ratio is currently 29.07%.

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.