Bradley Foster & Sargent Inc. CT Sells 76,948 Shares of Intuit Inc. $INTU

Bradley Foster & Sargent Inc. CT decreased its position in shares of Intuit Inc. (NASDAQ:INTU) by 72.0% during the 1st quarter, Holdings Channel reports. The fund owned 29,967 shares of the software maker’s stock after selling 76,948 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Intuit were worth $12,957,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Joseph Group Capital Management bought a new stake in Intuit in the fourth quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Intuit during the fourth quarter worth $25,000. HHM Wealth Advisors LLC boosted its position in shares of Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after purchasing an additional 30 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Intuit in the 1st quarter valued at $30,000. Finally, CrossGen Wealth LLC acquired a new position in shares of Intuit in the 1st quarter valued at $32,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit highlighted its AI roadmap for surgical care at the Society of Robotic Surgery conference, including a framework built on data from more than 20 million da Vinci procedures and a live telesurgery demonstration. The message reinforces Intuit’s long-term innovation story and could help investor confidence around future product capabilities. Article Title
• Positive Sentiment: The company also launched a business credit card that syncs with QuickBooks, which supports ecosystem expansion and could deepen customer adoption across Intuit’s small-business platform. Article Title
• Neutral Sentiment: Analysts are still looking for double-digit earnings growth in Intuit’s upcoming quarterly report, suggesting investors are watching closely for confirmation of continued momentum. Article Title
• Negative Sentiment: Multiple law firms announced or promoted securities fraud class-action claims against Intuit, alleging misstatements about TurboTax growth, revenue outlook, and pricing issues. These legal actions are a clear drag on sentiment and may be pressuring the stock. Article Title
• Negative Sentiment: Additional lawsuits and deadline reminders around the September 8 lead-plaintiff date keep the litigation overhang in focus, adding uncertainty for investors. Article Title

Intuit Trading Up 5.3%

Shares of NASDAQ:INTU opened at $296.33 on Friday. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $813.70. 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 company’s fifty day simple moving average is $293.64 and its 200 day simple moving average is $393.61. The firm has a market cap of $81.06 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.09 and a beta of 1.00.

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, research analysts forecast that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, July 9th. Intuit’s payout ratio is 29.07%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on INTU. KeyCorp lowered their price objective on shares of Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Morgan Stanley lowered Intuit from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $580.00 to $335.00 in a report on Tuesday. Oppenheimer decreased their target price on Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. UBS Group lowered their price target on Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Finally, Piper Sandler initiated coverage on Intuit in a research report on Tuesday, July 14th. They set an “underweight” rating and a $250.00 price target on the stock. Twenty-one analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average target price of $468.84.

Insider Activity

In other news, Director Vasant M. Prabhu bought 1,250 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the purchase, the director owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. The trade was a ∞ increase in their position. The purchase 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 company’s stock in a transaction that occurred on Thursday, June 11th. The stock was 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 approximately $3,449,554.36. This trade represents a 2.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,239 shares of company stock valued at $348,354 over the last ninety days. 2.49% of the stock is owned by insiders.

Intuit Company 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.