UniSuper Management Pty Ltd lowered its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,272 shares of the software maker’s stock after selling 2,754 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Intuit were worth $54,499,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in INTU. Joseph Group Capital Management bought a new stake in Intuit during the fourth quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. bought a new stake in Intuit during the third quarter worth approximately $33,000. Barnes Dennig Private Wealth Management LLC boosted its position in Intuit by 54.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after purchasing an additional 19 shares during the period. Steph & Co. boosted its position in shares of Intuit by 346.2% in the fourth quarter. Steph & Co. now owns 58 shares of the software maker’s stock valued at $38,000 after acquiring an additional 45 shares during the period. Finally, High Point Wealth Management LLC bought a new stake in shares of Intuit in the fourth quarter valued at approximately $43,000. Institutional investors own 83.66% of the company’s stock.
Intuit Stock Down 2.6%
Shares of INTU stock opened at $276.91 on Friday. The stock has a market cap of $75.75 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.04 and a beta of 0.98. Intuit Inc. has a one year low of $273.27 and a one year high of $813.70. The stock has a fifty day moving average price of $366.58 and a 200 day moving average price of $475.39. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.
Intuit Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit raised $1.75 billion through a senior notes offering, which improves liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
- Positive Sentiment: Recent commentary continues to highlight strong fundamentals, including 19% revenue growth in online business solutions and arguments that the stock may now be undervalued after its decline. Intuit reports strong 19% revenue growth in online business solutions
- Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to be a major near-term stock driver. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
- Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript drew attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
- Negative Sentiment: Director Richard L. Dalzell sold shares in two recent transactions under a pre-arranged 10b5-1 plan; while routine, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
- Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are adding legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
- Negative Sentiment: Commentary also points to investor skepticism around AI monetization and competitive disruption, reinforcing worries behind the recent stock weakness. Intuit slid amid market skepticism over AI monetization and disruption
Insider Buying and Selling at Intuit
In related news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 1,250 shares of Intuit stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the transaction, the director owned 1,250 shares of the company’s stock, valued at $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.49% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Erste Group Bank raised Intuit to a “hold” rating in a research report on Monday, April 27th. UBS Group reduced their price objective on Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. The Goldman Sachs Group cut Intuit from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $519.00 to $276.00 in a research report on Tuesday, June 2nd. Scotiabank set a $575.00 price objective on Intuit in a research report on Friday, March 6th. Finally, Oppenheimer reduced their price objective on Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Twenty-four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $514.58.
Get Our Latest Research Report on Intuit
Intuit Company Profile
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.
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