Teachers Retirement System of The State of Kentucky Has $12.98 Million Position in Intuit Inc. $INTU

Posted by Francis Steltz on Jul 14th, 2026

Teachers Retirement System of The State of Kentucky cut its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 9.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,023 shares of the software maker’s stock after selling 3,261 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Intuit were worth $12,981,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cannell & Spears LLC lifted its stake in shares of Intuit by 0.4% in the 3rd quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock valued at $2,641,000 after purchasing an additional 16 shares during the period. Betterment LLC grew its stake in shares of Intuit by 2.1% during the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after purchasing an additional 16 shares during the period. Crawford Investment Counsel Inc. increased its holdings in Intuit by 4.7% in the third quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock valued at $257,000 after purchasing an additional 17 shares during the last quarter. Value Partners Investments Inc. increased its holdings in Intuit by 0.4% in the fourth quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock valued at $2,629,000 after purchasing an additional 17 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its stake in Intuit by 0.5% in the fourth quarter. Central Pacific Bank Trust Division now owns 3,621 shares of the software maker’s stock valued at $2,399,000 after buying an additional 18 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on INTU shares. Evercore reduced their target price on Intuit from $540.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Bank of America initiated coverage on shares of Intuit in a research note on Wednesday, May 27th. They set a “buy” rating and a $400.00 price objective on the stock. Truist Financial decreased their price objective on shares of Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $275.00 target price (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $498.40.

Read Our Latest Stock Report on INTU

Intuit Stock Performance

Shares of INTU stock opened at $289.76 on Tuesday. The company’s fifty day simple moving average is $312.04 and its 200-day simple moving average is $415.61. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a market cap of $79.26 billion, a PE ratio of 17.55, a P/E/G ratio of 1.01 and a beta of 1.00. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter last year, the firm earned $11.65 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts expect that Intuit Inc. will post 18.19 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders 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 annualized dividend and a dividend yield of 1.7%. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Insider Activity

In related news, Director Vasant M. Prabhu purchased 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 approximately $386,812.50. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,239 shares of company stock valued at $348,354 in the last 90 days. 2.49% of the stock is owned by corporate insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Investors are rotating back into Intuit after the stock’s earlier decline, viewing it as oversold relative to its continued earnings strength and updated guidance. Intuit Gains as Investors Reassess Its Post-Earnings Selloff
Positive Sentiment: The company’s previously announced $8 billion share repurchase authorization is helping support sentiment by signaling management confidence and potential shareholder returns. Intuit Gains as Investors Reassess Its Post-Earnings Selloff
Neutral Sentiment: Multiple law firms announced a securities class action and related investigations tied to Intuit’s weak tax-season revenue disclosure and prior stock drop, which adds legal overhang but does not appear to be the main driver of trading today. INTU INVESTOR ALERT: Intuit Inc. Investors with Substantial Losses Have Opportunity to Lead the Intuit Class Action Lawsuit
Neutral Sentiment: Additional class-action notices and securities-fraud investigations are being circulated, reinforcing the litigation backdrop around INTU. Securities Fraud Investigation Into Intuit Inc. (INTU) Announced
Neutral Sentiment: Brokerage/news coverage also highlighted that Intuit was among the names “soaring,” but the article did not point to a fresh company-specific catalyst beyond the broader rebound. 8×8, Intuit, and Atlassian shares are soaring, what you need to know

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.