TOWER TRUST & INVESTMENT Co Takes $622,000 Position in Intuit Inc. $INTU

TOWER TRUST & INVESTMENT Co purchased a new position in shares of Intuit Inc. (NASDAQ:INTU) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 911 shares of the software maker’s stock, valued at approximately $622,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Intuit in the second quarter valued at about $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the first quarter valued at about $785,564,000. Winslow Capital Management LLC purchased a new stake in Intuit in the 2nd quarter valued at approximately $782,677,000. Invesco Ltd. increased its position in Intuit by 13.2% during the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock worth $2,745,492,000 after purchasing an additional 407,078 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Intuit by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock worth $21,823,625,000 after buying an additional 377,657 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Scott D. Cook sold 74,095 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $655.78, for a total transaction of $48,590,019.10. Following the sale, the director owned 5,819,584 shares in the company, valued at $3,816,366,795.52. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,098 shares of Intuit stock in a transaction on Friday, December 19th. The shares were sold at an average price of $675.00, for a total value of $741,150.00. Following the completion of the sale, the chief financial officer directly owned 197 shares of the company’s stock, valued at approximately $132,975. This represents a 84.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 270,897 shares of company stock worth $177,368,310. 2.49% of the stock is owned by insiders.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year Circle partnership: Intuit will integrate USDC/stablecoin infrastructure into TurboTax, QuickBooks, Credit Karma and Mailchimp to enable faster settlements, lower costs and programmable money rails — a strategic move that can deepen platform stickiness and unlock new payment flows. Intuit & Circle Team Up for Smarter Money Movement With Stablecoins
• Positive Sentiment: Market reaction: coverage and sector peers (e.g., Circle/CRCL) climbed on the deal, and analysts/market writeups note INTU’s move as credible product innovation that could accelerate payments volume and lower backend costs. Intuit & Circle Stocks Jump on New Stablecoin Collaboration
• Positive Sentiment: Brand and consumer product momentum: Intuit launched the next phase of its “Now This Is Taxes” campaign tying TurboTax and Credit Karma with AI and expert services — supports user acquisition and monetization for consumer-facing rails that could leverage the new stablecoin functionality. Intuit’s Consumer Platform Powers the Future of Tax Filing
• Neutral Sentiment: Strategic analysis: commentators note stablecoins could deepen Intuit’s moat but warn the company’s high valuation leaves less room for execution missteps — strategic upside tempered by elevated multiples. As Intuit Jumps Into Stablecoin Business, Should You Buy, Sell, Or Hold INTU Stock?
• Neutral Sentiment: Positive long‑term takes: some fintech stock screens and coverage list INTU as a top fintech buy for 2026 based on platform scale and hedge fund interest — supportive context but not immediate catalysts. Is Intuit the Best FinTech Stock to Buy in 2026?
• Negative Sentiment: Analyst price‑target cut: Wolfe Research trimmed its INTU target, signaling some analyst skepticism on near‑term upside and valuation resilience after recent strategic updates. Wolfe Research Cuts Intuit Price Target
• Negative Sentiment: Guidance/margin caution: coverage highlights investor sensitivity to softer margin guidance and the need for execution on AI and payments initiatives; if costs rise or adoption of stablecoin rails is slower than expected, stock downside is possible. How Investors May Respond To Intuit AI Partnership Progress And Softer Margin Guidance

Intuit Stock Performance

NASDAQ INTU opened at $671.46 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The business has a fifty day moving average of $657.99 and a 200-day moving average of $701.19. The stock has a market cap of $186.85 billion, a price-to-earnings ratio of 45.90, a price-to-earnings-growth ratio of 2.75 and a beta of 1.27.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter last year, the business posted $2.50 EPS. The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio is presently 32.81%.

Analyst Ratings Changes

INTU has been the topic of a number of analyst reports. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. BMO Capital Markets decreased their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Rothschild & Co Redburn upped their price target on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price target on shares of Intuit in a report on Friday, November 21st. Finally, Daiwa Capital Markets boosted their price objective on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $796.60.

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.