Cornerstone Wealth Group LLC Grows Stock Holdings in Intuit Inc. $INTU

Cornerstone Wealth Group LLC raised its position in shares of Intuit Inc. (NASDAQ:INTU) by 701.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,643 shares of the software maker’s stock after buying an additional 6,689 shares during the period. Cornerstone Wealth Group LLC’s holdings in Intuit were worth $5,063,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BetterWealth LLC boosted its position in shares of Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after buying an additional 15 shares during the period. Sachetta LLC boosted its position in shares of Intuit by 23.8% during the third quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after buying an additional 15 shares during the period. PUREfi Wealth LLC boosted its position in shares of Intuit by 4.5% during the third quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock worth $252,000 after buying an additional 16 shares during the period. GW&K Investment Management LLC boosted its position in shares of Intuit by 8.6% during the third quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock worth $138,000 after buying an additional 16 shares during the period. Finally, Cannell & Spears LLC boosted its position in shares of Intuit by 0.4% during the third quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock worth $2,641,000 after buying an additional 16 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction 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 $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.49% of the stock is currently owned by corporate insiders.

Intuit Stock Up 6.2%

Shares of NASDAQ INTU opened at $389.72 on Thursday. The stock has a market cap of $107.78 billion, a P/E ratio of 25.24, a PEG ratio of 1.47 and a beta of 1.21. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12-month low of $342.11 and a 12-month high of $813.70. The business’s fifty day simple moving average is $417.48 and its 200-day simple moving average is $559.46.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period last year, the firm earned $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 predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

Analyst Ratings Changes

Several research analysts have recently commented on INTU shares. Guggenheim set a $633.00 price target on Intuit in a research report on Monday, March 16th. Oppenheimer lowered their price target on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. KeyCorp lowered their price target on Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $638.06.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analyst & product-driven growth thesis — coverage highlights Intuit’s AI + human-intelligence (HI) strategy as a driver of higher automation, accuracy and “done-for-you” workflows that can expand monetization across tax, small business and personal finance products. Intuit’s AI & HI Integration: Will It Drive Future Growth?
• Positive Sentiment: Buy-the-dip narrative — several value-oriented writeups argue INTU is materially cheaper after a large share-price drawdown despite double?digit revenue growth and recent earnings beats, encouraging bargain-hunters and contributing to today’s buying pressure. Same Intuit, Half Price. What’s Actually Happening?
• Positive Sentiment: Analyst/idea lists favor Intuit — multiple screeners and “oversold blue chip” lists include INTU, signaling potential institutional interest from value and dividend/quality-focused investors. 5 Oversold Blue Chip Stocks to Buy According to Analysts
• Neutral Sentiment: Relative-value comparisons — pieces weighing INTU vs. peers (e.g., PRGS) highlight valuation trade-offs and growth differentials; useful for positioning but not an immediate catalyst. Same Intuit, Half the Price. What’s Actually Going On?
• Neutral Sentiment: Macro consumer signal — a broad survey shows high consumer financial insecurity; this is a mixed signal for Intuit: could boost demand for tax/refund advances and budgeting tools but potentially pressure small-business spending. 78% of Americans Feel Financially Insecure for 2 Key Reasons
• Neutral Sentiment: Policy/bill updates — proposed legislation (e.g., voter-registration requirements for preparers) and ongoing policy debate around tax-filing models may require product/UX updates but are unlikely to shift fundamentals quickly. New Bill: Representative Bonnie Watson Coleman introduces H.R. 8130
• Negative Sentiment: Reputational/regulatory risk resurfaced — investigative reporting recounts how Intuit and competitors lobbied against an IRS pilot (Direct File) that offered free government tax filing, framing a long?running policy win for incumbents; this could attract regulatory scrutiny and negative headlines, a near?term headwind to sentiment. How a free tax filing system from the government went from 296,000 users to zero in just one year

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.