IFM Investors Pty Ltd Acquires 2,140 Shares of Intuit Inc. $INTU

Posted by George Bondi on Jul 1st, 2026

IFM Investors Pty Ltd boosted its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 3.7% in the first quarter, Holdings Channel reports. The institutional investor owned 60,733 shares of the software maker’s stock after acquiring an additional 2,140 shares during the period. IFM Investors Pty Ltd’s holdings in Intuit were worth $26,260,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Joseph Group Capital Management acquired a new stake in shares of Intuit during the fourth quarter worth about $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in Intuit during the fourth quarter worth $25,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intuit during the 3rd quarter valued at about $33,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Intuit in the fourth quarter valued at approximately $33,000. Finally, Barnes Dennig Private Wealth Management LLC raised 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 acquiring an additional 19 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

INTU has been the subject of several research reports. Susquehanna dropped their price target on Intuit from $640.00 to $550.00 and set a “positive” rating for the company in a research report on Friday, May 22nd. Jefferies Financial Group reduced their price target on shares of Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. The Goldman Sachs Group cut shares of Intuit from a “neutral” rating to a “sell” rating and decreased their target price for the company from $519.00 to $276.00 in a research report on Tuesday, June 2nd. Truist Financial decreased their price target on Intuit from $500.00 to $410.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Oppenheimer lowered their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Twenty-two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $498.40.

Get Our Latest Analysis on INTU

Intuit Trading Down 2.0%

Shares of Intuit stock opened at $261.00 on Wednesday. The company has a fifty day simple moving average of $333.84 and a 200-day simple moving average of $440.54. The stock has a market cap of $71.39 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 0.98 and a beta of 0.98. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $813.70. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The business had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, equities analysts forecast that Intuit Inc. will post 18.19 EPS for the current fiscal 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 paid a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.8%. Intuit’s dividend payout ratio (DPR) is 29.07%.

Insider Activity at Intuit

In other news, Director Vasant M. Prabhu bought 500 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,239 shares of company stock worth $348,354 in the last three months. Corporate insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Analysts highlighted Intuit’s AI strategy as a potential growth driver, saying it could expand higher-value services, automate workflows, and boost cross-selling across TurboTax, Credit Karma, and QuickBooks. Intuit’s AI Push: Can It Unlock the Next Growth Phase?
Positive Sentiment: A comparison piece argued Intuit remains a strong fintech franchise thanks to its ecosystem of consumer and small-business products, which can support durable revenue growth over time. Intuit vs Block: Which Fintech Stock Is the Better Buy Now?
Neutral Sentiment: Recent market commentary noted Intuit had a big upside move in the prior session, but warned that earnings-estimate revisions may limit follow-through in the near term. Intuit (INTU) Surges 5.0%: Is This an Indication of Further Gains?
Negative Sentiment: One report said INTU declined in the latest session despite a broader market improvement, reinforcing the idea that investors are taking profits and questioning near-term momentum. Intuit (INTU) Stock Declines While Market Improves: Some Information for Investors
Negative Sentiment: An investor alert also flagged a pending securities-fraud investigation involving Intuit, which could weigh on sentiment and keep volatility elevated. Investor Announcement: Intuit Investors are Notified to Contact BFA Law about its Pending Securities Fraud Investigation to Recover Stock Losses

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.