Arrowstreet Capital Limited Partnership Has $1.27 Billion Holdings in Intuit Inc. $INTU

Key Points

• Arrowstreet Capital increased its Intuit stake by 36.3% in the fourth quarter, ending with 1,923,842 shares worth about $1.27 billion. Intuit is now its 18th-largest holding and represents 0.7% of the fund’s portfolio.
• Intuit recently reported better-than-expected quarterly results, with EPS of $12.80 versus the $12.57 consensus and revenue of $8.56 billion, up 10.4% year over year. The company also issued fiscal 2026 guidance, with Q4 EPS projected at 3.560-3.620 and full-year EPS at 23.800-23.850.
• The stock has been under pressure: Intuit opened around $276.73, far below its 52-week high of $813.70, while analysts still hold a Moderate Buy rating overall. Recent headlines also highlight insider selling, though some directors have bought shares and Intuit continues paying a quarterly dividend of $1.20 per share.

Arrowstreet Capital Limited Partnership boosted its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 36.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,923,842 shares of the software maker's stock after buying an additional 512,684 shares during the quarter. Intuit makes up 0.7% of Arrowstreet Capital Limited Partnership's holdings, making the stock its 18th biggest holding. Arrowstreet Capital Limited Partnership owned approximately 0.69% of Intuit worth $1,274,391,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Joseph Group Capital Management acquired a new stake in Intuit in the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Intuit during the fourth quarter valued at about $25,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intuit during the third quarter valued at about $33,000. Barnes Dennig Private Wealth Management LLC boosted its stake in shares of Intuit by 54.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker's stock valued at $36,000 after purchasing an additional 19 shares in the last quarter. Finally, Steph & Co. boosted its stake in shares of Intuit by 346.2% during the fourth quarter. Steph & Co. now owns 58 shares of the software maker's stock valued at $38,000 after purchasing an additional 45 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Down 0.1%

NASDAQ INTU opened at $276.73 on Friday. The company has a market cap of $75.70 billion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 1.01 and a beta of 0.98. Intuit Inc. has a 52 week low of $268.01 and a 52 week high of $813.70. The business has a 50 day moving average price of $363.60 and a 200-day moving average price of $474.00. 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, beating 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 firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the previous year, the company posted $11.65 earnings per share. The company'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 expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

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

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the business's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 1,250 shares of the business's 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 transaction, the director owned 1,250 shares of the company's stock, valued at approximately $386,812.50. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.49% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

INTU has been the topic of a number of recent research reports. Weiss Ratings lowered Intuit from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft cut their price target on Intuit from $600.00 to $530.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. TD Cowen cut their price objective on Intuit from $576.00 to $504.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. Rothschild & Co Redburn cut their price objective on Intuit from $700.00 to $600.00 and set a "buy" rating on the stock in a research note on Tuesday, June 2nd. Finally, Northcoast Research cut their price objective on Intuit from $575.00 to $465.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. Twenty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $514.58.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. 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 long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

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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