Intuit Inc. $INTU Stock Holdings Decreased by Baillie Gifford & Co.

Key Points

• Baillie Gifford & Co. reduced its stake in Intuit by 6.0% in Q4, selling 8,431 shares and leaving it with 131,793 shares valued at about $87.3 million.
• Intuit beat Q4 expectations, reporting $4.15 EPS vs. $3.68 consensus and $4.65B revenue (up 17.4% YoY), and issued FY2026 guidance of roughly $22.98–$23.18 EPS.
• Analysts have trimmed price targets (including JPMorgan, Mizuho and Citi) but the stock still carries a consensus "Moderate Buy" rating with an average price target of $638.06.

Baillie Gifford & Co. lowered its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 6.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 131,793 shares of the software maker's stock after selling 8,431 shares during the period. Baillie Gifford & Co.'s holdings in Intuit were worth $87,302,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several research firms have recently commented on INTU. JPMorgan Chase & Co. decreased their price target on shares of Intuit from $750.00 to $605.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Mizuho decreased their price target on shares of Intuit from $675.00 to $600.00 and set an "outperform" rating for the company in a report on Monday, March 2nd. Citigroup decreased their price target on shares of Intuit from $803.00 to $649.00 and set a "buy" rating for the company in a report on Friday, February 27th. Barclays reaffirmed an "overweight" rating and issued a $540.00 price objective on shares of Intuit in a report on Monday, March 16th. Finally, Guggenheim set a $633.00 price objective on shares of Intuit in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Intuit presently has an average rating of "Moderate Buy" and an average price target of $638.06.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the company's 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 completion of the sale, the director directly owned 13,253 shares of the company's stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.49% of the company's stock.

Intuit Trading Up 5.3%

Intuit stock opened at $369.44 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $419.95 and a two-hundred day moving average price of $562.99. The firm has a market capitalization of $102.17 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 1.41 and a beta of 1.21. Intuit Inc. has a 52-week low of $342.11 and a 52-week high of $813.70.

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 during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit's revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the business posted $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. Sell-side analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit's dividend payout ratio is currently 31.09%.

Intuit Company 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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