AustralianSuper Pty Ltd Takes Position in Intuit Inc. $INTU

AustralianSuper Pty Ltd purchased a new stake in Intuit Inc. (NASDAQ:INTU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,556 shares of the software maker’s stock, valued at approximately $1,031,000.

A number of other institutional investors and hedge funds also recently modified their holdings of INTU. Joseph Group Capital Management bought a new stake in shares of Intuit in the 4th quarter valued at about $25,000. MTM Investment Management LLC increased its stake in shares of Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after acquiring an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in shares of Intuit in the 3rd quarter valued at about $33,000. Richardson Financial Services Inc. increased its stake in shares of Intuit by 70.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock valued at $35,000 after acquiring an additional 21 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its stake in shares of Intuit by 54.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after acquiring an additional 19 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company’s stock, valued at $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.49% of the stock is currently owned by company insiders.

Intuit Price Performance

Shares of INTU opened at $393.00 on Friday. 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 has a 50 day simple moving average of $413.60 and a 200 day simple moving average of $521.20. Intuit Inc. has a 52-week low of $342.11 and a 52-week high of $813.70. The firm has a market capitalization of $108.68 billion, a PE ratio of 25.45, a P/E/G ratio of 1.52 and a beta of 1.04.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) 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 business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the firm earned $3.32 EPS. Intuit’s quarterly 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. Sell-side analysts predict that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. Intuit’s dividend payout ratio is 31.09%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investor sentiment is improving around INTU’s valuation after a year of share-price weakness, with a new article arguing the stock may be oversold and potentially attractive for long-term buyers. Is Intuit Stock Oversold Now, Finally Making It a Buy?
• Positive Sentiment: Coverage ahead of Q3 earnings highlights that Wall Street will be watching Intuit’s key metrics closely, which can reinforce expectations that the company continues to post double-digit growth and may deliver another solid quarter. Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Positive Sentiment: Intuit also drew attention for expanding its Enterprise Suite with AI-powered automation and analytics, signaling continued product innovation that could support mid-market growth and future recurring revenue. Intuit Expands Enterprise Suite With AI: Will It Boost Growth?

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on INTU. BNP Paribas Exane raised Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price target for the company in a research note on Monday, March 16th. Royal Bank Of Canada lowered their price target on Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Argus decreased their price objective on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Jefferies Financial Group reiterated a “buy” rating on shares of Intuit in a research report on Sunday, April 19th. Finally, Stifel Nicolaus decreased their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $634.26.

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.