Intuit Inc. $INTU Shares Sold by National Pension Service

Key Points

• National Pension Service cut its Intuit stake by 6.9% in the fourth quarter, selling 46,097 shares and leaving it with 625,963 shares valued at about $414.7 million.
• Intuit beat earnings and revenue expectations in its latest quarter, reporting $12.80 EPS on $8.56 billion in revenue, while also issuing guidance for Q4 2026 and FY 2026.
• The stock has seen mixed signals from investors and analysts: institutions still own 83.66% of shares, while analysts have trimmed some price targets even as the consensus remains “Moderate Buy.”

National Pension Service decreased its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 625,963 shares of the software maker's stock after selling 46,097 shares during the quarter. National Pension Service owned approximately 0.22% of Intuit worth $414,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Intuit by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker's stock worth $19,156,152,000 after acquiring an additional 296,448 shares during the last quarter. State Street Corp boosted its position in Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker's stock worth $8,797,779,000 after acquiring an additional 158,456 shares during the last quarter. Geode Capital Management LLC boosted its position in Intuit by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker's stock worth $4,369,488,000 after acquiring an additional 87,451 shares during the last quarter. Invesco Ltd. boosted its position in Intuit by 7.8% during the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker's stock worth $2,565,810,000 after acquiring an additional 271,407 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Intuit by 4.8% during the third quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker's stock worth $2,356,040,000 after acquiring an additional 158,843 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Stock Performance

NASDAQ:INTU opened at $313.00 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $85.62 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.18 and a beta of 1.04. The company's 50-day moving average is $392.72 and its two-hundred day moving average is $499.68. Intuit Inc. has a 1-year low of $300.50 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. Intuit's revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts forecast that Intuit Inc. will post 17.6 EPS for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, July 9th. Intuit's payout ratio is presently 29.07%.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business'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 $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Vasant M. Prabhu bought 1,250 shares of the firm's stock in a transaction on Friday, May 22nd. The stock was purchased 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 directly owned 1,250 shares in the company, valued at $386,812.50. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.49% of the company's stock.

Analysts Set New Price Targets

INTU has been the topic of a number of recent research reports. Scotiabank set a $575.00 price target on shares of Intuit in a research report on Friday, March 6th. Weiss Ratings upgraded shares of Intuit from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday. Northcoast Research lowered their price target on shares of Intuit from $575.00 to $465.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Mizuho lowered their price target on shares of Intuit from $600.00 to $500.00 and set an "outperform" rating on the stock in a research report on Tuesday. Finally, Argus lowered their price target on shares of Intuit from $580.00 to $480.00 and set a "buy" rating on the stock in a research report on Friday, May 22nd. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $525.65.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares near current levels, signaling insider confidence after the selloff. SEC Form 4 filing
• Positive Sentiment: Bank of America and other recent analyst commentary remained constructive, citing Intuit’s strong margins, AI tailwinds, and long-term growth runway, even though some price targets were trimmed. Proactive Investors article
• Positive Sentiment: Intuit’s latest earnings beat expectations, with revenue and EPS both ahead of consensus and full-year guidance reaffirming solid profitability. Intuit earnings summary
• Neutral Sentiment: Recent coverage also highlighted investor interest in Intuit, but much of it was broad commentary rather than a new business catalyst. Zacks article
• Negative Sentiment: Multiple law firms launched or promoted investigations into Intuit over alleged pricing issues and potential securities-law violations, adding headline risk and uncertainty. PR Newswire investigation notice
• Negative Sentiment: Recent analyst target cuts from firms including Citi, BMO, Mizuho, and Jefferies suggest the market has become more cautious on near-term upside. MarketBeat analyst coverage

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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