Healthcare of Ontario Pension Plan Trust Fund Raises Holdings in Intuit Inc. $INTU

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 18.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 109,240 shares of the software maker’s stock after acquiring an additional 17,016 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Intuit were worth $72,363,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in Intuit by 20.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after buying an additional 471,451 shares during the last quarter. Vestcor Inc lifted its holdings in Intuit by 79.1% in the fourth quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after acquiring an additional 9,148 shares during the period. NEOS Investment Management LLC increased its position in shares of Intuit by 63.8% in the third quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after buying an additional 47,330 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Intuit by 15.8% in the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in shares of Intuit by 13.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock valued at $39,728,000 after buying an additional 6,999 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Shares of INTU opened at $276.73 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit Inc. has a one year low of $268.01 and a one year high of $813.70. The stock has a market capitalization of $75.70 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 1.01 and a beta of 0.98. The stock has a 50 day moving average price of $363.60 and a 200 day moving average price of $472.74.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. During the same period in the previous year, the business earned $11.65 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

Analyst Ratings Changes

INTU has been the subject of a number of recent analyst reports. Argus cut their price objective on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. HSBC cut their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. TD Cowen cut their price objective on Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Weiss Ratings cut Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Finally, Stifel Nicolaus cut their price objective on Intuit from $500.00 to $375.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average target price of $514.58.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the sale, the director directly owned 12,326 shares in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 500 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the transaction, the director directly owned 1,750 shares of the company’s stock, valued at $541,992.50. This represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.49% of the stock is currently owned by insiders.

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.