Oregon Public Employees Retirement Fund Grows Stake in Intuit Inc. $INTU

Oregon Public Employees Retirement Fund raised its holdings in Intuit Inc. (NASDAQ:INTU) by 31.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,852 shares of the software maker’s stock after buying an additional 7,700 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Intuit were worth $21,752,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Intuit in the second quarter worth $3,268,830,000. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the 1st quarter worth $785,564,000. Winslow Capital Management LLC purchased a new stake in shares of Intuit in the 2nd quarter worth about $782,677,000. Swedbank AB lifted its position in shares of Intuit by 575.4% in the 3rd quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock worth $602,023,000 after purchasing an additional 751,027 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Intuit by 13.2% during the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock valued at $2,745,492,000 after purchasing an additional 407,078 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: TD Cowen initiated coverage with a “buy” rating and an $802 price target (~23% upside), providing bullish institutional endorsement that can support demand and momentum. Read More.
• Positive Sentiment: Truist began coverage with a “buy” and a $739 target, a second recent institutional buy-side call that bolsters the positive narrative among growth investors. Read More.
• Positive Sentiment: Coverage and press on Intuit’s SMB Media Labs (CES) highlight a push into advertising/media for small businesses — a potential new revenue stream that supports longer-term growth expectations. Read More.
• Neutral Sentiment: Analyst roundups and Wall Street write-ups (Zacks, 24/7 Wall St.) recap existing bullish coverage but don’t add a fresh fundamental catalyst; useful for gauging sentiment flow. Read More.
• Neutral Sentiment: Intuit declared a $1.20 quarterly dividend (ex-dividend Jan. 9, payable Jan. 16) — a modest yield that supports income-oriented holders but is unlikely to materially change near-term price direction. Read More.
• Negative Sentiment: CEO Sasan Goodarzi sold 41,000 shares at an average ~$650.10 (≈$26.65M) on Jan. 7, reducing his direct stake by ~75% — a large, visible insider disposition that often weighs on near-term sentiment even when sales are for personal/liquidity reasons. Read More.
• Negative Sentiment: CFO Sandeep Aujla also reported a recent sale (1,335 shares), another insider reduction that can amplify investor caution. Read More.
• Negative Sentiment: Wells Fargo downgraded INTU from “overweight” to “equal weight” and trimmed its price objective to $700 (from $840), removing a prior positive catalyst and signaling more cautious near-term expectations. Read More.

Intuit Price Performance

INTU stock opened at $652.75 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a 50 day moving average price of $656.76 and a 200-day moving average price of $692.18. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The firm has a market capitalization of $181.64 billion, a price-to-earnings ratio of 44.62, a PEG ratio of 2.67 and a beta of 1.25.

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

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a $1.20 dividend. The ex-dividend date is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s payout ratio is presently 32.81%.

Insider Activity

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares of the company’s stock, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

INTU has been the subject of a number of research reports. BMO Capital Markets decreased their price target on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Daiwa Capital Markets increased their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Cowen initiated coverage on Intuit in a research report on Wednesday. They set a “buy” rating on the stock. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $790.00.

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.