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6,211 Shares in Intuit Inc. $INTU Bought by Benson Investment Management Company Inc.

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Key Points

  • Benson Investment Management opened a new Q4 position in Intuit, buying 6,211 shares worth about $4.11 million; institutional investors now own roughly 83.66% of the stock while insiders hold about 2.49% (one director sold 333 shares).
  • Analysts have a consensus rating of Moderate Buy with a $638.06 average price target, though individual targets vary (examples: Truist $739, Jefferies $650, RBC cut to $600).
  • Intuit recently beat quarterly estimates (EPS $4.15 vs. $3.68 expected; revenue $4.65B vs. $4.53B), issued FY guidance, and paid a $1.20 quarterly dividend (annualized yield ~1.2%).
  • Interested in Intuit? Here are five stocks we like better.

Benson Investment Management Company Inc. acquired a new position in Intuit Inc. (NASDAQ:INTU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,211 shares of the software maker's stock, valued at approximately $4,114,000.

Other hedge funds have also recently made changes to their positions in the company. HCR Wealth Advisors raised its position in shares of Intuit by 3.3% in the fourth quarter. HCR Wealth Advisors now owns 1,245 shares of the software maker's stock valued at $825,000 after purchasing an additional 40 shares during the period. GF Fund Management CO. LTD. raised its position in shares of Intuit by 5.6% in the fourth quarter. GF Fund Management CO. LTD. now owns 59,089 shares of the software maker's stock valued at $39,142,000 after purchasing an additional 3,141 shares during the period. Ninety One North America Inc. raised its position in shares of Intuit by 1.8% in the fourth quarter. Ninety One North America Inc. now owns 108,831 shares of the software maker's stock valued at $72,092,000 after purchasing an additional 1,927 shares during the period. Ninety One SA Pty Ltd raised its position in shares of Intuit by 15.5% in the fourth quarter. Ninety One SA Pty Ltd now owns 14,756 shares of the software maker's stock valued at $9,775,000 after purchasing an additional 1,980 shares during the period. Finally, Werba Rubin Papier Wealth Management raised its stake in shares of Intuit by 40.9% during the 4th quarter. Werba Rubin Papier Wealth Management now owns 455 shares of the software maker's stock valued at $301,000 after purchasing an additional 132 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

INTU has been the topic of a number of analyst reports. Jefferies Financial Group set a $650.00 price objective on Intuit in a research note on Sunday, February 22nd. Royal Bank Of Canada decreased their price objective on Intuit from $850.00 to $600.00 and set an "outperform" rating on the stock in a research note on Friday, February 27th. Truist Financial initiated coverage on Intuit in a research note on Tuesday, January 6th. They set a "buy" rating and a $739.00 price objective on the stock. Wall Street Zen upgraded Intuit from a "hold" rating to a "buy" rating in a research note on Saturday, April 11th. Finally, Daiwa Securities Group decreased their price objective on Intuit from $800.00 to $640.00 and set a "buy" rating on the stock in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Intuit has an average rating of "Moderate Buy" and a consensus price target of $638.06.

Check Out Our Latest Report on INTU

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.49% of the company's stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Analysts flag large upside — Several recent analyst notes and roundup pieces argue Intuit’s selloff has created meaningful upside (coverage cites as much as ~65% upside vs. recent levels), helping attract buyers after the stock’s pullback. Article Title
  • Positive Sentiment: Operational progress — Intuit announced completion of the Federal Reserve FedNow certification program, removing a payment rails hurdle and positioning its ecosystem (QuickBooks, payments) for faster real-time payments adoption. That is a practical product/cash-flow tailwind. Article Title
  • Positive Sentiment: Software/tech rally lifting peers — Software ETFs and large-cap tech stocks staged a strong rebound (Barron’s / Dow Jones coverage), a sector rotation that has buoyed Intuit alongside other cloud/software names. Article Title
  • Neutral Sentiment: Local partnership & brand initiatives — Intuit partnered with LA28 to expand local businesses’ access to Olympic procurement opportunities, which supports SMB positioning but is more strategic/PR than immediately revenue-driving. Article Title
  • Neutral Sentiment: Short-term outperformance in risk-on days — Coverage notes Intuit has outperformed some peers on strong trading days amid market-wide rallies; this reflects sensitivity to macro risk appetite rather than company-specific new info. Article Title
  • Negative Sentiment: Downdraft / shorting debate remains — Some commentary highlights Intuit as a potential short candidate alongside other pressured software names this year, noting the stock is still down materially YTD and faces valuation scrutiny if growth cools. That keeps a portion of flows biased to the downside. Article Title

Intuit Price Performance

INTU stock opened at $393.25 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a 52 week low of $342.11 and a 52 week high of $813.70. The firm's fifty day moving average is $415.52 and its 200 day moving average is $556.17. The firm has a market cap of $108.75 billion, a P/E ratio of 25.47, a P/E/G ratio of 1.56 and a beta of 1.21.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts' consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were issued a $1.20 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. Intuit's dividend payout ratio is currently 31.09%.

Intuit Company 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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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