PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 28.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,519 shares of the software maker’s stock after buying an additional 14,456 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Intuit were worth $17,100,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Betterment LLC lifted its holdings in shares of Intuit by 2.1% in the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after acquiring an additional 16 shares during the last quarter. One Capital Management LLC grew its holdings in Intuit by 2.7% during the 3rd quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after purchasing an additional 18 shares during the last quarter. Quadcap Wealth Management LLC raised its position in Intuit by 1.0% in the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after purchasing an additional 18 shares during the period. PFG Investments LLC raised its position in Intuit by 2.0% in the 4th quarter. PFG Investments LLC now owns 915 shares of the software maker’s stock worth $606,000 after purchasing an additional 18 shares during the period. Finally, Clear Creek Financial Management LLC lifted its stake in Intuit by 2.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 774 shares of the software maker’s stock worth $513,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.
Analyst Ratings Changes
Several brokerages have issued reports on INTU. Barclays dropped their target price on Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. HSBC decreased their price target on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. TD Cowen downgraded Intuit from a “buy” rating to a “hold” rating and cut their price objective for the company from $504.00 to $304.00 in a research report on Tuesday, July 28th. Royal Bank Of Canada cut their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Finally, UBS Group decreased their target price on Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $460.45.
Insiders Place Their Bets
In related news, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 1,250 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average price 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 represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 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.
Intuit Stock Performance
Intuit stock opened at $325.25 on Friday. The company has a 50 day moving average price of $289.81 and a 200-day moving average price of $373.05. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $762.48. The company has a market capitalization of $88.97 billion, a PE ratio of 19.70, a P/E/G ratio of 1.02 and a beta of 0.97.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the previous year, the business earned $11.65 earnings per share. Intuit’s quarterly revenue 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. As a group, equities analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current year.
Intuit Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.5%. Intuit’s dividend payout ratio is presently 29.07%.
Key Headlines Impacting Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit announced that Citrin Cooperman has made its AI-native Intuit Enterprise Suite available to clients. The partnership could support adoption of Intuit’s enterprise financial-management products among middle-market businesses and broaden growth beyond its traditional tax and small-business offerings. Citrin Cooperman Expands Its ERP and Advisory Offerings with Intuit Enterprise Suite
- Neutral Sentiment: Several law firms, including Rosen, Bronstein Gewirtz & Grossman, Robbins, Pomerantz and others, issued investor notices concerning a securities class action covering purchases made from August 22, 2025, through May 20, 2026. The notices largely repeat the same case and encourage investors to seek lead-plaintiff status by September 8, 2026; they do not represent separate confirmed judgments against Intuit. INTU Investors Have Opportunity to Lead Intuit Inc. Securities Fraud Lawsuit
- Negative Sentiment: The lawsuit alleges that Intuit and certain executives misled investors about the sustainability and growth prospects of TurboTax and failed to adequately disclose rising competition and pricing pressure in its tax-related operations. If the claims gain traction, Intuit could face litigation costs, settlement exposure and reputational damage. Intuit Inc. Stockholders Have Rights
- Negative Sentiment: Intuit was also among software stocks pressured after Figma highlighted sharply higher artificial-intelligence investment costs. The sector development raises concerns about margin pressure and the return on AI spending, even though it is not specific to Intuit. Software Stocks Slide After Figma Flags Surging AI Costs
About Intuit
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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