CSM Advisors LLC Acquires 2,492 Shares of Intuit Inc. $INTU

CSM Advisors LLC raised its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 859.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,782 shares of the software maker’s stock after buying an additional 2,492 shares during the quarter. CSM Advisors LLC’s holdings in Intuit were worth $1,899,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Cannell & Spears LLC raised its stake in Intuit by 0.4% in the third quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock valued at $2,641,000 after purchasing an additional 16 shares in the last quarter. Ceeto Capital Group LLC purchased a new position in Intuit in the 3rd quarter worth approximately $1,229,000. Centiva Capital LP purchased a new position in Intuit in the 3rd quarter worth approximately $1,684,000. Cinctive Capital Management LP bought a new position in shares of Intuit in the 3rd quarter worth $416,000. Finally, Clark Capital Management Group Inc. increased its holdings in shares of Intuit by 11.9% in the 3rd quarter. Clark Capital Management Group Inc. now owns 10,907 shares of the software maker’s stock worth $7,449,000 after buying an additional 1,158 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Company will significantly speed up its existing buyback plan, signaling management believes shares are undervalued and returning cash to shareholders; markets interpreted this as a direct valuation-support action. Intuit Stock Rises On Accelerated Buyback Reports
• Positive Sentiment: Founder and senior executives terminated prescheduled/automated stock-sale plans, a sign of insider confidence and an attempt to stop perceived downward pressure from programmatic insider sales. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
• Positive Sentiment: Management publicly called the stock “meaningfully misaligned” with fundamentals and moved to buy back shares, a clear signal intended to restore investor confidence amid recent weakness. Intuit Halts Management Stock Sales, Accelerates Buybacks
• Positive Sentiment: Street reaction includes fresh bullish notes and higher targets from several firms, reinforcing the view that the pullback may be an opportunity for long-term holders. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Neutral Sentiment: BNP Paribas Exane upgraded INTU from underperform to neutral with a $463 target — a modest endorsement that still leaves limited near‑term upside versus some higher analyst targets. Finviz (BNP Paribas Exane Upgrade)
• Neutral Sentiment: Some media and thematic pieces are pitching Intuit as a buy on the dip (AI/automation tailwinds and recent earnings strength cited), which can attract contrarian long‑term buyers but may not sway short‑term traders. Best 2 Tech Stocks to Buy Now on the Dip
• Negative Sentiment: Broader investor concern that AI and automation could pressure legacy software monetization remains a near‑term headwind for valuation; the management moves aim to counteract those sentiment-driven losses. How Intuit Is Reacting to a Stock Price That It Deems ‘Meaningfully Misaligned’
• Negative Sentiment: Historical insider selling has been heavy (many open‑market disposals over the past year), which some investors note as a caution despite the current halt; institutional portfolio rebalancing has also been material. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 120,501 shares of company stock worth $79,983,892. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

Shares of Intuit stock opened at $452.31 on Tuesday. The company’s fifty day simple moving average is $478.68 and its two-hundred day simple moving average is $598.30. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The firm has a market cap of $125.09 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio (DPR) is 31.09%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citigroup dropped their price objective on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a report on Friday, February 27th. Argus lowered their price target on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Jefferies Financial Group set a $650.00 price target on Intuit in a research note on Sunday, February 22nd. KeyCorp cut their price objective on Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, Barclays reiterated an “overweight” rating and set a $540.00 price objective on shares of Intuit in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $638.06.

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.