Eagle Global Advisors LLC Takes $8.48 Million Position in Intuit Inc. $INTU

Eagle Global Advisors LLC purchased a new position in Intuit Inc. (NASDAQ:INTU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,410 shares of the software maker’s stock, valued at approximately $8,475,000.

A number of other hedge funds also recently bought and sold shares of the business. Tortoise Investment Management LLC grew its stake in shares of Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new position in Intuit in the second quarter worth about $28,000. Finally, True Wealth Design LLC increased its stake in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after acquiring an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

INTU stock opened at $566.60 on Thursday. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The firm has a market cap of $157.67 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 2.47 and a beta of 1.25. The business’s fifty day simple moving average is $652.65 and its two-hundred day simple moving average is $687.41. 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 (NASDAQ:INTU) last posted its quarterly earnings results 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 net margin of 21.19% and a return on equity of 23.52%. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the prior year, the business posted $2.50 earnings per share. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s payout ratio is currently 32.81%.

Insider Transactions at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 over the last three months. Company insiders own 2.49% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada and Intuit announced a partnership to serve small and mid‑sized businesses in Canada, which could expand Intuit’s customer reach and Drive recurring revenue in QuickBooks and related services. BDO Canada, Intuit team up
• Positive Sentiment: Zacks highlights Intuit as a strong growth stock—reiterating solid fundamentals, revenue growth drivers (SMB & consumer tax products), and favorable style scores that support longer‑term investor interest. Here’s Why Intuit is a Strong Growth Stock
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral (hold) rating and a $720 price target — the PT implies meaningful upside, but the neutral stance tempers near‑term buying momentum; Goldman also cited AI adoption as a tailwind. Goldman Sachs Assumes Coverage of Intuit
• Neutral Sentiment: Zacks also flagged INTU as drawing above‑average investor attention recently — increased search/traffic can precede volatility but isn’t directional on its own. Intuit is Attracting Investor Attention
• Neutral Sentiment: Coverage noting INTU “outperforms competitors despite losses” points to relative strength within the sector even as the stock pulls back—useful context for active traders and longs. Intuit outperforms competitors despite losses
• Negative Sentiment: Articles noting that Intuit’s stock “sinks as market gains” emphasize short‑term selling pressure and market‑wide rotation away from high‑multiple software names; this likely explains today’s decline. Intuit stock sinks as market gains

Analysts Set New Price Targets

A number of brokerages have issued reports on INTU. Wolfe Research decreased their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Evercore ISI restated an “outperform” rating and set a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Cowen started coverage on shares of Intuit in a research report on Wednesday, January 7th. They set a “buy” rating on the stock. Finally, UBS Group set a $739.00 target price on shares of Intuit in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $794.62.

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.