Intuit Inc. $INTU Shares Sold by William Blair Investment Management LLC

24 May 2026, 08:29 by Amy Steele · The Cerbat Gem

William Blair Investment Management LLC lowered its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 9.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 442,391 shares of the software maker’s stock after selling 44,841 shares during the period. Intuit makes up approximately 0.8% of William Blair Investment Management LLC’s portfolio, making the stock its 18th biggest holding. William Blair Investment Management LLC’s holdings in Intuit were worth $293,049,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of INTU. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit in the first quarter valued at approximately $785,564,000. Sivia Capital Partners LLC increased its holdings in shares of Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after purchasing an additional 166 shares during the period. Finally, Florida Financial Advisors LLC increased its holdings in shares of Intuit by 12.2% in the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Up 4.2%

Shares of INTU stock opened at $319.94 on Friday. The business’s fifty day moving average price is $403.55 and its 200 day moving average price is $510.51. Intuit Inc. has a 1-year low of $302.36 and a 1-year high of $813.70. The firm has a market capitalization of $87.52 billion, a PE ratio of 19.38, a P/E/G ratio of 1.29 and a beta of 1.04. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the prior year, the company posted $11.65 earnings per share. Intuit’s quarterly revenue 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. As a group, sell-side analysts forecast that Intuit Inc. will post 17.49 EPS for the current fiscal year.

Intuit Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Wall Street Analysts Forecast Growth

INTU has been the topic of a number of recent research reports. Jefferies Financial Group dropped their target price on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Thursday. Freedom Capital lowered Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and boosted their target price for the company from $670.00 to $700.00 in a report on Tuesday, March 10th. The Goldman Sachs Group dropped their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Finally, Royal Bank Of Canada dropped their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday. Twenty-four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $546.29.

Get Our Latest Report on Intuit

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit reported fiscal Q3 results that beat estimates on both revenue and earnings, raised full-year guidance, and highlighted strength in TurboTax, Credit Karma, QuickBooks Online, and other growth engines. Intuit’s Q3 Earnings Beat on Consumer Growth & Higher Guidance
Positive Sentiment: Several analysts still maintained bullish ratings even after lowering price targets, suggesting Street sentiment remains constructive on Intuit’s long-term growth profile. TD Cowen Adjusts Price Target on Intuit
Positive Sentiment: Coverage also pointed to improving customer spending and “flywheel” benefits from broader adoption across Intuit’s product suite, which supports the AI and platform expansion narrative. Intuit customers spending more as it improves experiences across brands

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.49% of the company’s stock.

About Intuit

(Free Report)

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.