Fieldview Capital Management LLC Makes New Investment in Intuit Inc. $INTU

Fieldview Capital Management LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,349 shares of the software maker’s stock, valued at approximately $1,556,000.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after buying an additional 296,448 shares during the last quarter. State Street Corp lifted its holdings in Intuit by 1.4% during the fourth quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after purchasing an additional 180,069 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Intuit by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock valued at $4,369,488,000 after purchasing an additional 87,451 shares during the last quarter. Morgan Stanley lifted its holdings in Intuit by 1.2% during the fourth quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after purchasing an additional 60,910 shares during the last quarter. Finally, Norges Bank purchased a new stake in Intuit during the fourth quarter valued at about $3,058,407,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Intuit news, Director Vasant M. Prabhu purchased 1,250 shares of Intuit stock in a transaction on Friday, May 22nd. The shares were acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the transaction, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is owned by company insiders.

Intuit Price Performance

INTU stock opened at $276.73 on Monday. 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 company’s 50 day moving average is $363.60 and its 200 day moving average is $472.74. The stock has a market cap of $75.70 billion, a price-to-earnings ratio of 16.76, a price-to-earnings-growth ratio of 1.01 and a beta of 0.98. Intuit Inc. has a 1-year low of $268.01 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. The company 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%. Intuit’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $11.65 earnings per share. 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 predict that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is 29.07%.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on INTU shares. Oppenheimer dropped their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Wolfe Research reaffirmed an “outperform” rating and set a $400.00 price objective on shares of Intuit in a report on Thursday, May 21st. Scotiabank set a $575.00 price objective on shares of Intuit in a report on Friday, March 6th. Daiwa Securities Group dropped their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, BMO Capital Markets dropped their price objective on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Twenty-four investment 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’s stock. Based on data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and an average price target of $514.58.

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.