Intuit’s (INTU) Hold Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus reissued their hold rating on shares of Intuit (NASDAQ:INTU) in a research report report published on Friday morning,Benzinga reports. Stifel Nicolaus currently has a $300.00 target price on the software maker’s stock.

Other equities research analysts also recently issued reports about the stock. Piper Sandler raised their price target on shares of Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research note on Wednesday, August 26th. Rothschild & Co Redburn lowered their price objective on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. Citigroup dropped their price objective on shares of Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Daiwa Securities Group cut their target price on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Morgan Stanley decreased their target price on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Intuit currently has a consensus rating of “Hold” and an average price target of $431.55.

Intuit Stock Performance

Shares of INTU opened at $303.19 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. Intuit has a 52-week low of $252.84 and a 52-week high of $705.08. The firm has a market cap of $81.02 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 0.88 and a beta of 0.98. The business’s fifty day moving average is $325.51 and its 200-day moving average is $349.49.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.Intuit’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities analysts anticipate that Intuit will post 23.01 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio (DPR) is presently 29.09%.

Insider Buying and Selling at Intuit

In related news, CAO Lauren Hotz sold 907 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard Dalzell sold 285 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the transaction, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This represents a 2.41% 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. In the last three months, insiders sold 1,476 shares of company stock worth $481,538. 2.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intuit

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fiduciary Financial Advisors acquired a new stake in Intuit during the 2nd quarter valued at approximately $25,000. Sankala Group LLC acquired a new position in shares of Intuit in the 4th quarter worth approximately $40,000. Whipplewood Advisors LLC acquired a new position in shares of Intuit in the 1st quarter worth approximately $30,000. HHM Wealth Advisors LLC boosted its stake in shares of Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after purchasing an additional 30 shares during the last quarter. Finally, CrossGen Wealth LLC bought a new stake in shares of Intuit in the 1st quarter valued at $32,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit emphasized AI as a central growth driver, targeting faster product development, broader adoption and improved customer acquisition. Management believes AI-enabled features and higher-value services can support future revenue and earnings growth. INTU Doubles Down on AI: Can Intelligence Drive the Next Growth Wave?
• Positive Sentiment: The company introduced QuickBooks Free and Lite offerings to expand its small-business funnel. The strategy could increase customer adoption and create additional opportunities to monetize payments and premium services over time. Intuit Launches QuickBooks Free
• Positive Sentiment: Several analysts maintained constructive views: Mizuho reiterated an Outperform rating with a $430 target, while RBC kept an Outperform rating with a $385 target. TD Cowen also maintained its $346 target, indicating some analysts see meaningful upside after the selloff.
• Neutral Sentiment: At its investor day, Intuit reaffirmed first-quarter and fiscal 2027 guidance rather than raising expectations. Maintaining the outlook supports visibility, but the lack of an upgrade may have disappointed investors seeking stronger near-term growth signals. Intuit Hosts Investor Day
• Negative Sentiment: Analysts highlighted slower core growth, customer-acquisition challenges and elevated investment needs. Bank of America maintained a Hold rating and a $360 target, while Truist and Stifel kept Hold ratings with $300 targets, reflecting uncertainty over the pace and payoff of Intuit’s initiatives.
• Negative Sentiment: Investors remain concerned about TurboTax market-share pressure and slowing QuickBooks Online customer growth. Although free products may widen the funnel, they could also weigh on near-term monetization as Intuit invests to attract users.

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.