Praxis Investment Management Inc. Acquires 1,355 Shares of Intuit Inc. $INTU

Praxis Investment Management Inc. boosted its holdings in Intuit Inc. (NASDAQ:INTU) by 20.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,895 shares of the software maker’s stock after purchasing an additional 1,355 shares during the period. Praxis Investment Management Inc.’s holdings in Intuit were worth $5,230,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Alliancebernstein L.P. boosted its stake in Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after acquiring an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in shares of Intuit during the 1st quarter worth approximately $785,564,000. Vanguard Group Inc. raised its holdings in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after purchasing an additional 914,024 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Intuit by 520.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 558,499 shares of the software maker’s stock worth $381,405,000 after purchasing an additional 468,547 shares during the period. Finally, Jericho Capital Asset Management L.P. purchased a new position in Intuit in the third quarter valued at approximately $267,018,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Price Performance

INTU stock opened at $388.55 on Thursday. The firm has a 50 day moving average of $415.78 and a 200-day moving average of $534.07. The firm has a market capitalization of $107.45 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 1.60 and a beta of 1.04. Intuit Inc. has a 12 month low of $342.11 and a 12 month high of $813.70. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the prior year, the firm posted $3.32 EPS. Intuit’s revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, sell-side analysts predict that Intuit Inc. will post 17.44 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is 31.09%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Launch of QuickBooks Workforce — Intuit rolled out an AI-powered, end-to-end HCM platform (payroll, HR, recruiting, onboarding and benefits) aimed at SMBs, which expands its product ecosystem and creates more cross-sell opportunities into recurring revenue streams. Intuit Expands QuickBooks Into AI Workforce And 401(k) Platform
• Positive Sentiment: Embedded 401(k) via Vestwell partnership — Intuit selected Vestwell as the exclusive provider for QuickBooks 401(k), embedding retirement plans into the QuickBooks flow and making benefits easier for SMB customers to adopt; this can raise customer stickiness and increase wallet share per customer. Vestwell Selected by Intuit as Exclusive Partner to Deliver QuickBooks 401(k) to Millions of Small and Mid-Market Businesses
• Positive Sentiment: Shopify integration update — Intuit improved the Shopify–QuickBooks integration to streamline merchant setup, which supports small-business adoption and could accelerate net new QuickBooks customers and transaction volume. Intuit updates Shopify–QuickBooks integration for faster setup
• Neutral Sentiment: Product coverage and industry press — Multiple outlets (Business Wire, PYMNTS) frame QuickBooks Workforce as agentic AI plus human experts for SMB HCM; these are strategic positive narratives but will take time to convert into measurable revenue. Intuit Debuts AI-Powered Human Capital Management Tools
• Neutral Sentiment: Analyst / broker commentary — Recent articles revisit broker ratings and whether Intuit remains a buy after the pullback; consensus still skews positive, but coverage notes expectations and valuation assumptions investors should check against growth execution. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Negative Sentiment: Share-price and technical pressure — Commentaries highlight a roughly 35% one-year decline and the stock trading under key moving averages, which can weigh on sentiment and slow recovery even as product initiatives roll out. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall

Analysts Set New Price Targets

Several brokerages have issued reports on INTU. Argus lowered their target price on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. The Goldman Sachs Group lowered their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. BMO Capital Markets dropped their price objective on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, Stifel Nicolaus reduced their price objective on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $636.10.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated 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 directly owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.49% of the company’s stock.

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.