Fiduciary Alliance LLC Purchases 2,116 Shares of Intuit Inc. $INTU

Fiduciary Alliance LLC raised its position in Intuit Inc. (NASDAQ:INTU) by 80.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,753 shares of the software maker’s stock after purchasing an additional 2,116 shares during the period. Fiduciary Alliance LLC’s holdings in Intuit were worth $2,055,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in INTU. Joseph Group Capital Management bought a new stake in Intuit during the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new position in Intuit in the 4th quarter worth about $25,000. HHM Wealth Advisors LLC increased its stake in Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after acquiring an additional 30 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit in the 3rd quarter valued at about $33,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of Intuit in the 4th quarter valued at about $33,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is set to showcase its rebuilt AI infrastructure at VB Transform 2026, reinforcing its long-term investment in faster, more scalable AI tools that could support product innovation and growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
• Positive Sentiment: Market commentary says lower Treasury yields have helped support valuation for growth-oriented names like Intuit, which can ease some pressure on the stock. Sprout Social, Intuit, and PagerDuty Shares Skyrocket, What You Need To Know
• Positive Sentiment: Intuit’s QuickBooks partnership with Employment Hero could strengthen its business ecosystem and expand its payroll-related offerings. Intuit QuickBooks deepens partnership with Employment Hero for Payday Super
• Neutral Sentiment: Short interest data showed no meaningful short position change, so this update does not appear to be a major trading driver. Intuit Inc. (INTU) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Director Richard Dalzell sold a small block of shares under a pre-arranged trading plan, which is usually routine and not necessarily a bearish signal by itself. Richard Dalzell Sells 284 Shares of Intuit (NASDAQ:INTU) Stock
• Negative Sentiment: Intuit issued $1.74 billion in net proceeds from new senior notes, which may help refinance debt but also adds attention to leverage as the company faces pressure on TurboTax pricing and AI disruption concerns. Does Intuit’s New Debt and TurboTax Pricing Pressure Reframe Its AI Investment Story (INTU)?
• Negative Sentiment: Investor anxiety has risen after reports of pricing issues and a securities-fraud investigation notice, creating legal overhang for the stock. INTU Stock News: Intuit Stock Dropped 20% after Pricing Issues Disclosed
• Negative Sentiment: Another law firm has opened an investor claims investigation, adding to the legal uncertainty around Intuit. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
• Negative Sentiment: Stifel downgraded Intuit to Hold and cut its price target, citing the risk that management may reduce near- to medium-term growth expectations. Is Intuit (INTU) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?

Intuit Stock Performance

Shares of NASDAQ INTU opened at $255.07 on Friday. The stock’s 50-day moving average is $341.35 and its 200 day moving average is $448.84. The stock has a market cap of $69.77 billion, a price-to-earnings ratio of 15.45, a P/E/G ratio of 0.96 and a beta of 0.98. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $813.70. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU) last issued its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the prior year, the firm earned $11.65 earnings per share. Intuit’s revenue for the quarter was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, sell-side analysts anticipate that Intuit Inc. will post 18.21 EPS for the current fiscal year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.9%. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the purchase, the director directly owned 1,250 shares of the company’s stock, valued at $386,812.50. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 1,239 shares of company stock worth $348,354. 2.49% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on INTU. BNP Paribas Exane cut their price objective on Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Barclays lowered their target price on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. The Goldman Sachs Group lowered shares of Intuit from a “neutral” rating to a “sell” rating and dropped their target price for the company from $519.00 to $276.00 in a research report on Tuesday, June 2nd. Citigroup cut their price target on shares of Intuit from $649.00 to $591.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $275.00 price target (down from $375.00) on shares of Intuit in a report on Wednesday, June 17th. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $498.40.

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.