Intuit Inc. $INTU Position Increased by Intech Investment Management LLC

Posted by Stanley Muller on May 29th, 2026

Intech Investment Management LLC raised its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 191.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,145 shares of the software maker’s stock after buying an additional 39,500 shares during the quarter. Intech Investment Management LLC’s holdings in Intuit were worth $39,841,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new position in shares of Intuit in the 4th quarter valued at about $25,000. MTM Investment Management LLC increased its holdings in shares of Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares during the period. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit in the 3rd quarter valued at about $33,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Intuit by 54.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after purchasing an additional 19 shares during the period. Finally, Steph & Co. increased its holdings in shares of Intuit by 346.2% in the 4th quarter. Steph & Co. now owns 58 shares of the software maker’s stock valued at $38,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred 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 transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Vasant M. Prabhu purchased 1,250 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the acquisition, the director owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.49% of the company’s stock.

Intuit Trading Up 1.7%

NASDAQ:INTU opened at $313.00 on Friday. The stock’s 50 day moving average price is $392.72 and its 200 day moving average price is $499.68. Intuit Inc. has a 52 week low of $300.50 and a 52 week high of $813.70. The company has a market capitalization of $85.62 billion, a P/E ratio of 18.96, a P/E/G ratio of 1.18 and a beta of 1.04. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45.

Intuit (NASDAQ:INTU – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS 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 the consensus estimate of $8.54 billion. During the same quarter in the prior year, the company posted $11.65 earnings per share. The firm’s 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. On average, research analysts forecast that Intuit Inc. will post 17.6 EPS for the current fiscal year.

Intuit Dividend Announcement

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

More Intuit News

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Director Vasant Prabhu bought additional INTU shares near current levels, signaling insider confidence after the selloff. SEC Form 4 filing
Positive Sentiment: Bank of America and other recent analyst commentary remained constructive, citing Intuit’s strong margins, AI tailwinds, and long-term growth runway, even though some price targets were trimmed. Proactive Investors article
Positive Sentiment: Intuit’s latest earnings beat expectations, with revenue and EPS both ahead of consensus and full-year guidance reaffirming solid profitability. Intuit earnings summary
Neutral Sentiment: Recent coverage also highlighted investor interest in Intuit, but much of it was broad commentary rather than a new business catalyst. Zacks article
Negative Sentiment: Multiple law firms launched or promoted investigations into Intuit over alleged pricing issues and potential securities-law violations, adding headline risk and uncertainty. PR Newswire investigation notice
Negative Sentiment: Recent analyst target cuts from firms including Citi, BMO, Mizuho, and Jefferies suggest the market has become more cautious on near-term upside. MarketBeat analyst coverage

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wolfe Research reiterated an “outperform” rating and issued a $400.00 target price on shares of Intuit in a report on Thursday, May 21st. Mizuho dropped their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Tuesday. 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, May 21st. BNP Paribas Exane dropped their target price on Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, Royal Bank Of Canada dropped their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $525.65.

Check Out Our Latest Stock Analysis on Intuit

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.