World Investment Advisors Has $1.62 Million Position in Intuit Inc. $INTU

Posted by Stanley Muller on Jul 8th, 2026

World Investment Advisors reduced its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 35.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,758 shares of the software maker’s stock after selling 2,060 shares during the quarter. World Investment Advisors’ holdings in Intuit were worth $1,625,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in INTU. Norges Bank bought a new stake in shares of Intuit in the 4th quarter valued at about $3,058,407,000. Alliancebernstein L.P. increased its position in Intuit by 183.8% during the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock worth $1,365,640,000 after buying an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in Intuit in the first quarter valued at approximately $785,564,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Intuit by 36.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,923,842 shares of the software maker’s stock valued at $1,274,391,000 after buying an additional 512,684 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after acquiring an additional 471,451 shares during the period. Institutional investors own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

INTU has been the topic of a number of research analyst reports. Jefferies Financial Group dropped their price target on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Stifel Nicolaus reiterated a “hold” rating and issued a $275.00 price objective (down from $375.00) on shares of Intuit in a report on Wednesday, June 17th. Guggenheim set a $633.00 target price on shares of Intuit in a research note on Monday, March 16th. Evercore reduced their target price on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Truist Financial decreased their price target on shares of Intuit from $500.00 to $410.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Twenty-two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $498.40.

Check Out Our Latest Research Report on INTU

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Shares rose as traders favored software stocks over high-flying semiconductors, and Intuit benefited from the broader risk-on move in the group. Atlassian and Intuit Shares Skyrocket, What You Need To Know
Positive Sentiment: Citi reportedly kept a buy rating on Intuit (INTU), arguing that the recent decline has created an attractive entry point and that analysts still see meaningful upside over the next 12 months. Citi Remains a Buy on Intuit (INTU) Despite 8% Decline Over the Past Month
Positive Sentiment: Intuit’s recent earnings and guidance remain supportive in the background, with the company having previously beaten expectations and raised forward outlooks, which helps reinforce the long-term growth case. Here are Wall Street analysts’ top S&P 500 stocks for the second half of 2026
Neutral Sentiment: Media coverage of CFO Sandeep Aujla and general “best stocks” lists may support visibility, but these items are not direct fundamentals catalysts for the stock. Intuit CFO Sandeep Aujla on the power of possibility
Negative Sentiment: Earlier reports highlighted pressure from valuation concerns, AI disruption fears, and analyst downgrades tied to Intuit’s pricing strategy, which likely contributed to the stock’s recent weakness before today’s rebound. Intuit (INTU) Faces Downgrades As Pricing Risks And AI Shift Raise New Doubts

Intuit Price Performance

Shares of NASDAQ:INTU opened at $281.17 on Wednesday. The firm has a 50 day moving average of $321.31 and a 200-day moving average of $426.73. 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. The stock has a market capitalization of $76.91 billion, a PE ratio of 17.03, a PEG ratio of 1.00 and a beta of 1.00.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the company earned $11.65 EPS. Intuit’s revenue for the quarter 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, equities research analysts predict that Intuit Inc. will post 18.19 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

Insider Activity at Intuit

In other Intuit news, Director Vasant M. Prabhu bought 1,250 shares of the stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares in the company, valued at $386,812.50. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the sale, the director owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This represents a 2.67% 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. In the last 90 days, insiders have sold 1,239 shares of company stock valued at $348,354. Company insiders own 2.49% of the company’s stock.

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.