Aviva PLC Raises Stake in Intuit Inc. $INTU

Posted by Brenda Bartman on Jun 12th, 2026

Aviva PLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 5.4% during the 4th quarter, HoldingsChannel reports. The firm owned 237,625 shares of the software maker’s stock after purchasing an additional 12,191 shares during the period. Aviva PLC’s holdings in Intuit were worth $157,408,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of INTU. Joseph Group Capital Management purchased a new position in Intuit during the 4th quarter worth $25,000. Pin Oak Investment Advisors Inc. purchased a new position in Intuit during the 3rd quarter worth $33,000. Barnes Dennig Private Wealth Management LLC grew its position in Intuit by 54.3% during the 4th 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 last quarter. Steph & Co. grew its position in Intuit by 346.2% during the 4th quarter. Steph & Co. now owns 58 shares of the software maker’s stock worth $38,000 after purchasing an additional 45 shares during the last quarter. Finally, High Point Wealth Management LLC purchased a new position in Intuit during the 4th quarter worth $43,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Stock Down 2.6%

Shares of NASDAQ:INTU opened at $276.91 on Friday. The company has a market cap of $75.75 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.04 and a beta of 0.98. Intuit Inc. has a fifty-two week low of $273.27 and a fifty-two week high of $813.70. The firm’s 50-day simple moving average is $366.58 and its 200-day simple moving average is $475.39. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

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. The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities research analysts predict that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Dividend Announcement

The business 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 dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Intuit’s payout ratio is currently 29.07%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on INTU shares. Erste Group Bank raised shares of Intuit to a “hold” rating in a research report on Monday, April 27th. Citigroup lowered their target price on shares of Intuit from $649.00 to $591.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Wall Street Zen downgraded shares of Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Oppenheimer lowered their target price on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Twenty-four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $514.58.

Read Our Latest Research Report on INTU

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit said it raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more flexibility for capital needs. Intuit Raises $1.75 Billion Through Senior Notes Offering
Positive Sentiment: Coverage and commentary continue to point to solid fundamentals, including strong revenue growth in online business solutions and articles arguing the stock may now be a value opportunity after its selloff. 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 growth story but is not likely to move the stock sharply on its own. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
Neutral Sentiment: Intuit’s quarterly earnings call transcript drew attention, but the provided item does not add new details beyond the recent results and guidance already known to investors. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
Negative Sentiment: Two insider sales by director Richard L. Dalzell, both done under a pre-arranged 10b5-1 plan, can still weigh on sentiment because investors often view insider selling as a caution signal. Richard L. Dalzell insider transactions
Negative Sentiment: Multiple reports highlighted an ongoing investigation and investor-alert activity tied to Intuit’s pricing practices, which may be pressuring the stock as legal and regulatory overhang. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
Negative Sentiment: Commentary also continued to focus on skepticism around AI monetization, competitive disruption, and the impact of new debt and cost-cutting efforts, reinforcing concerns behind the recent stock decline. Intuit slid amid market skepticism over AI monetization and disruption

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the sale, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the acquisition, the director owned 1,750 shares of the company’s stock, valued at $541,992.50. This represents a 40.00% increase in their position. The SEC filing for this purchase provides additional information. 2.49% of the stock is currently owned by insiders.

Intuit 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.