Oregon Public Employees Retirement Fund Raises Stake in Intuit Inc. $INTU

Oregon Public Employees Retirement Fund increased its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,152 shares of the software maker’s stock after acquiring an additional 100 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Intuit were worth $19,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its position in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares in the last quarter. Wealth Group Ltd. purchased a new stake in shares of Intuit in the first quarter worth $493,000. GAMMA Investing LLC increased its holdings in shares of Intuit by 13.7% during the first quarter. GAMMA Investing LLC now owns 4,602 shares of the software maker’s stock valued at $2,826,000 after acquiring an additional 554 shares in the last quarter. Finally, CVA Family Office LLC raised its position in shares of Intuit by 7.5% in the 1st quarter. CVA Family Office LLC now owns 615 shares of the software maker’s stock worth $378,000 after purchasing an additional 43 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the transaction, the director directly owned 14,475 shares in the company, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,407 shares of company stock valued at $1,614,913 in the last quarter. 2.68% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on INTU. CLSA began coverage on shares of Intuit in a research report on Thursday, June 26th. They set an “outperform” rating and a $900.00 price objective on the stock. Zacks Research downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Barclays reduced their price target on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. KeyCorp lowered their price objective on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, UBS Group reduced their target price on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $791.82.

Intuit Trading Down 0.5%

Shares of INTU stock opened at $641.79 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The stock has a market capitalization of $178.93 billion, a P/E ratio of 46.71, a P/E/G ratio of 2.48 and a beta of 1.25. The firm’s 50 day moving average is $686.93 and its 200 day moving average is $694.20.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the firm earned $1.99 EPS. The company’s revenue was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Research analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, October 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio is presently 34.93%.

About Intuit

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.