iA Global Asset Management Inc. Buys 1,570 Shares of Intuit Inc. $INTU

Posted by Francis Steltz on May 17th, 2026

iA Global Asset Management Inc. lifted its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,938 shares of the software maker’s stock after purchasing an additional 1,570 shares during the quarter. iA Global Asset Management Inc.’s holdings in Intuit were worth $23,144,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in INTU. Alliancebernstein L.P. raised its holdings in shares of Intuit by 183.8% in the 3rd quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock worth $1,365,640,000 after acquiring an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit in the 1st quarter worth about $785,564,000. Vanguard Group Inc. raised its holdings in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after acquiring an additional 914,024 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Intuit by 520.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 558,499 shares of the software maker’s stock worth $381,405,000 after acquiring an additional 468,547 shares during the last quarter. Finally, Jericho Capital Asset Management L.P. acquired a new stake in shares of Intuit in the 3rd quarter worth about $267,018,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.49% of the stock is owned by company insiders.

Intuit Trading Up 3.9%

Shares of INTU stock opened at $393.00 on Friday. The company has a 50 day moving average of $413.60 and a 200-day moving average of $521.20. The company has a quick ratio of 1.32, a current 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 firm has a market cap of $108.68 billion, a P/E ratio of 25.45, a PEG ratio of 1.58 and a beta of 1.04.

Intuit (NASDAQ:INTU – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The company had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period last year, the firm earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts anticipate that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit’s payout ratio is 31.09%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Wells Fargo & Company decreased their price objective on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 24th. Mizuho decreased their price objective on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Wolfe Research set a $550.00 price objective on shares of Intuit and gave the company an “outperform” rating in a research note on Thursday, March 12th. Finally, BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective for the company in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $634.26.

View Our Latest Analysis on INTU

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Investor sentiment is improving around INTU’s valuation after a year of share-price weakness, with a new article arguing the stock may be oversold and potentially attractive for long-term buyers. Is Intuit Stock Oversold Now, Finally Making It a Buy?
Positive Sentiment: Coverage ahead of Q3 earnings highlights that Wall Street will be watching Intuit’s key metrics closely, which can reinforce expectations that the company continues to post double-digit growth and may deliver another solid quarter. Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Positive Sentiment: Intuit also drew attention for expanding its Enterprise Suite with AI-powered automation and analytics, signaling continued product innovation that could support mid-market growth and future recurring revenue. Intuit Expands Enterprise Suite With AI: Will It Boost Growth?

Intuit Company Profile

(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.