Bokf Na Reduces Holdings in Intuit Inc. $INTU

Key Points

• Bokf Na cut its Intuit stake by 18.9% in Q4, selling 3,316 shares and leaving 14,213 shares valued at about $9.42 million, while institutional investors overall own roughly 83.66% of INTU.
• Several brokerages recently lowered price targets (e.g., Stifel to $500, Oppenheimer to $558, Deutsche Bank to $600), but consensus remains a “Moderate Buy” with a $636.10 average target despite about a 35% one‑year share decline.
• Intuit beat Q results (EPS $4.15 vs. $3.68 expected; revenue up 17.4% to $4.65B), provided FY26 guidance, and announced product moves like AI‑driven QuickBooks Workforce and a Vestwell 401(k) partnership as growth catalysts.

Bokf Na lessened its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 18.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,213 shares of the software maker's stock after selling 3,316 shares during the period. Bokf Na's holdings in Intuit were worth $9,415,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in INTU. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Intuit by 9.7% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 70,384 shares of the software maker's stock valued at $46,624,000 after acquiring an additional 6,218 shares during the period. SBI Securities Co. Ltd. raised its holdings in Intuit by 17.5% during the 4th quarter. SBI Securities Co. Ltd. now owns 888 shares of the software maker's stock valued at $588,000 after acquiring an additional 132 shares during the period. MMA Asset Management LLC raised its holdings in Intuit by 8.6% during the 4th quarter. MMA Asset Management LLC now owns 441 shares of the software maker's stock valued at $292,000 after acquiring an additional 35 shares during the period. Principal Financial Group Inc. raised its holdings in Intuit by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 347,871 shares of the software maker's stock valued at $230,436,000 after acquiring an additional 11,123 shares during the period. Finally, WT Wealth Management purchased a new stake in Intuit during the 4th quarter worth about $1,611,000. Hedge funds and other institutional investors own 83.66% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Stifel Nicolaus cut their target price on Intuit from $800.00 to $500.00 and set a "buy" rating for the company in a research note on Friday, February 27th. Oppenheimer cut their target price on Intuit from $696.00 to $558.00 and set an "outperform" rating for the company in a research note on Friday, February 27th. Susquehanna cut their target price on Intuit from $819.00 to $720.00 and set a "positive" rating for the company in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft cut their target price on Intuit from $850.00 to $600.00 and set a "buy" rating for the company in a research note on Friday, February 27th. Finally, Northcoast Research upgraded Intuit from a "neutral" rating to a "buy" rating and set a $575.00 target price for the company in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $636.10.

Intuit Stock Performance

NASDAQ:INTU opened at $388.55 on Thursday. The business's 50-day moving average price is $415.78 and its two-hundred day moving average price is $534.07. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70. The stock has a market cap of $107.45 billion, a P/E ratio of 25.17, a PEG ratio of 1.60 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion for the quarter, compared to analysts' expectations of $4.53 billion. During the same quarter last year, the firm posted $3.32 EPS. The company's revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts predict that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Dividend Announcement

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

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the firm's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares of the company's stock, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.49% of the company's stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: QuickBooks Workforce: Intuit launched an AI‑driven, end‑to‑end human capital management (HCM) platform for SMBs that consolidates payroll, HR, recruiting, benefits, onboarding and employee management—a potential long‑term revenue and cross‑sell driver for QuickBooks customers. Intuit Unveils QuickBooks Workforce
• Positive Sentiment: Embedded retirement product: Intuit picked Vestwell as the exclusive partner to deliver QuickBooks 401(k) inside QuickBooks Workforce, which increases product stickiness and creates a new fee/revenue stream from retirement services for SMB customers. Vestwell Selected by Intuit as Exclusive Partner to Deliver QuickBooks 401(k) to Millions of Small and Mid-Market Businesses
• Positive Sentiment: Shopify integration update: Intuit updated its Shopify–QuickBooks integration to speed merchant setup and accounting flows, which can improve product adoption among online SMBs and support transaction volume growth. Intuit updates Shopify–QuickBooks integration for faster setup
• Neutral Sentiment: Broker sentiment: Recent coverage highlights an average analyst recommendation of "Buy" and discussions about whether current share prices are attractive after the prior decline; analyst support helps sentiment but may already be priced in. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Customer/support and real estate moves: Items like QuickBooks Enterprise support pieces and a small TurboTax retail lease are operational updates with limited immediate earnings impact. Intuit QuickBooks Enterprise Support: Expert Help for Your Business
• Negative Sentiment: Valuation/price pressure: Commentary pointing to a ~35% one‑year share decline underscores investor concern about valuation, growth durability and macro sensitivity—factors that can outweigh positive product news in the near term and help explain today's share weakness. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall

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.

Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU - Free Report).

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.