Vanguard Group Inc. Purchases 914,024 Shares of Intuit Inc. $INTU

Vanguard Group Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,621,990 shares of the software maker’s stock after acquiring an additional 914,024 shares during the period. Vanguard Group Inc. owned about 0.10% of Intuit worth $19,546,243,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of INTU. Capital Planning Advisors LLC boosted its stake in shares of Intuit by 12.1% during the third quarter. Capital Planning Advisors LLC now owns 2,506 shares of the software maker’s stock valued at $1,711,000 after purchasing an additional 271 shares in the last quarter. Phillips Wealth Planners LLC acquired a new position in shares of Intuit in the third quarter valued at approximately $227,000. Pallas Capital Advisors LLC raised its holdings in Intuit by 91.3% in the 3rd quarter. Pallas Capital Advisors LLC now owns 3,030 shares of the software maker’s stock valued at $2,069,000 after buying an additional 1,446 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Intuit by 3.6% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 97,769 shares of the software maker’s stock worth $66,767,000 after buying an additional 3,367 shares during the period. Finally, Hardy Reed LLC bought a new stake in Intuit during the 3rd quarter worth approximately $592,000. 83.66% of the stock is currently owned by institutional investors.

Intuit Stock Up 0.4%

Shares of NASDAQ:INTU opened at $399.40 on Monday. Intuit Inc. has a 1 year low of $389.32 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The business’s 50-day moving average is $582.36 and its 200-day moving average is $642.81. The company has a market capitalization of $111.14 billion, a price-to-earnings ratio of 27.30, a P/E/G ratio of 1.63 and a beta of 1.24.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the previous year, the company posted $2.50 earnings per share. The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 1.2%. Intuit’s dividend payout ratio is currently 32.81%.

Insider Activity at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched a new AI-powered “Construction Edition” for its Intuit Enterprise Suite aimed at mid-sized construction firms — a targeted vertical push that could expand enterprise bookings and stickier ARR. Article Title Article Title
• Positive Sentiment: Industry commentary argues Intuit is well-positioned to survive the so‑called “SaaS‑pocalypse,” supporting a longer-term bull case on durable subscription cash flows and AI-driven product differentiation. Article Title
• Neutral Sentiment: BMO Capital kept an Outperform rating on INTU but reduced its price target significantly (reported coverage and commentary); the maintained rating is supportive, but the lower target signals tempered near‑term upside expectations. Article Title
• Neutral Sentiment: Several market pieces (Zacks, Motley Fool) debate whether Intuit is a buying opportunity or overhyped — useful context for sentiment-driven flows but not immediate catalysts. Article Title Article Title
• Neutral Sentiment: Short‑interest data feeds show anomalous “0 shares / NaN” values for February — likely a reporting/data error rather than a real change in short positioning, but noisy headlines can stoke volatility.
• Negative Sentiment: Unusual options activity: traders bought ~184k put contracts in a single session (a very large spike vs. average), indicating elevated bearish hedging/speculation that can pressure the stock via sentiment and gamma trading dynamics.
• Negative Sentiment: Analyst downgrades and lower price targets have coincided with Intuit sliding to a new 52‑week low in recent sessions — explicit near‑term negative catalyst that likely amplified selling pressure. Article Title Article Title
• Negative Sentiment: Legal/headline risk: an employee lawsuit alleging discriminatory labeling over DEI hiring adds reputational and potential legal risk that can weigh on sentiment if it escalates. Article Title

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INTU. Oppenheimer reduced their price objective on shares of Intuit from $868.00 to $696.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 3rd. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Wolfe Research decreased their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Weiss Ratings downgraded Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. Finally, UBS Group set a $739.00 target price on Intuit in a report on Tuesday, January 6th. Twenty-two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $772.42.

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.