Border to Coast Pensions Partnership Ltd Makes New $67.99 Million Investment in Intuit Inc. $INTU

Key Points

• Border to Coast Pensions Partnership Ltd purchased a new position of 102,446 shares in Intuit valued at approximately $67.99 million, representing about 1.2% of its portfolio and the fund's 26th largest holding; institutional investors own roughly 83.66% of INTU.
• Intuit beat Q results with $4.15 EPS vs. $3.68 expected and $4.65B revenue (up 17.4% y/y), issued FY26 guidance of 22.98–23.18 EPS, announced a $1.20 quarterly dividend, and carries a consensus "Moderate Buy" rating with an average analyst target of $638 amid some recent price‑target reductions.

Border to Coast Pensions Partnership Ltd purchased a new position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 102,446 shares of the software maker's stock, valued at approximately $67,986,000. Intuit makes up approximately 1.2% of Border to Coast Pensions Partnership Ltd's portfolio, making the stock its 26th biggest position.

Several other institutional investors have also modified their holdings of the company. BetterWealth LLC boosted its stake in shares of Intuit by 3.8% during the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker's stock worth $281,000 after acquiring an additional 15 shares in the last quarter. Sachetta LLC boosted its stake in shares of Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker's stock worth $53,000 after acquiring an additional 15 shares in the last quarter. PUREfi Wealth LLC boosted its stake in shares of Intuit by 4.5% during the 3rd quarter. PUREfi Wealth LLC now owns 369 shares of the software maker's stock worth $252,000 after acquiring an additional 16 shares in the last quarter. GW&K Investment Management LLC boosted its stake in shares of Intuit by 8.6% during the 3rd quarter. GW&K Investment Management LLC now owns 202 shares of the software maker's stock worth $138,000 after acquiring an additional 16 shares in the last quarter. Finally, Cannell & Spears LLC boosted its stake in shares of Intuit by 0.4% during the 3rd quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker's stock worth $2,641,000 after acquiring an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company's stock.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company's stock in a transaction dated 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 represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.49% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on INTU shares. Scotiabank set a $575.00 price objective on shares of Intuit in a research report on Friday, March 6th. Oppenheimer decreased their price objective on shares of Intuit from $696.00 to $558.00 and set an "outperform" rating on the stock in a research report on Friday, February 27th. Royal Bank Of Canada decreased their price objective on shares of Intuit from $850.00 to $600.00 and set an "outperform" rating on the stock in a research report on Friday, February 27th. Mizuho decreased their price objective on shares of Intuit from $675.00 to $600.00 and set an "outperform" rating on the stock in a research report on Monday, March 2nd. Finally, Wells Fargo & Company decreased their price objective on shares of Intuit from $700.00 to $425.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $638.06.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analyst & product-driven growth thesis — coverage highlights Intuit’s AI + human-intelligence (HI) strategy as a driver of higher automation, accuracy and “done-for-you” workflows that can expand monetization across tax, small business and personal finance products. Intuit's AI & HI Integration: Will It Drive Future Growth?
• Positive Sentiment: Buy-the-dip narrative — several value-oriented writeups argue INTU is materially cheaper after a large share-price drawdown despite double‑digit revenue growth and recent earnings beats, encouraging bargain-hunters and contributing to today’s buying pressure. Same Intuit, Half Price. What’s Actually Happening?
• Positive Sentiment: Analyst/idea lists favor Intuit — multiple screeners and “oversold blue chip” lists include INTU, signaling potential institutional interest from value and dividend/quality-focused investors. 5 Oversold Blue Chip Stocks to Buy According to Analysts
• Neutral Sentiment: Relative-value comparisons — pieces weighing INTU vs. peers (e.g., PRGS) highlight valuation trade-offs and growth differentials; useful for positioning but not an immediate catalyst. Same Intuit, Half the Price. What's Actually Going On?
• Neutral Sentiment: Macro consumer signal — a broad survey shows high consumer financial insecurity; this is a mixed signal for Intuit: could boost demand for tax/refund advances and budgeting tools but potentially pressure small-business spending. 78% of Americans Feel Financially Insecure for 2 Key Reasons
• Neutral Sentiment: Policy/bill updates — proposed legislation (e.g., voter-registration requirements for preparers) and ongoing policy debate around tax-filing models may require product/UX updates but are unlikely to shift fundamentals quickly. New Bill: Representative Bonnie Watson Coleman introduces H.R. 8130
• Negative Sentiment: Reputational/regulatory risk resurfaced — investigative reporting recounts how Intuit and competitors lobbied against an IRS pilot (Direct File) that offered free government tax filing, framing a long‑running policy win for incumbents; this could attract regulatory scrutiny and negative headlines, a near‑term headwind to sentiment. How a free tax filing system from the government went from 296,000 users to zero in just one year

Intuit Price Performance

INTU stock opened at $389.72 on Thursday. Intuit Inc. has a 1 year low of $342.11 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The stock's 50 day moving average price is $417.48 and its 200 day moving average price is $559.46. The firm has a market cap of $107.78 billion, a P/E ratio of 25.24, a PEG ratio of 1.47 and a beta of 1.21.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating 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%.Intuit's revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior 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. On average, sell-side analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

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

Intuit Profile

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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