Federated Hermes Inc. Has $27.46 Million Holdings in Intuit Inc. $INTU

Posted by Logan Wallace on Jan 31st, 2026

Federated Hermes Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 61.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 40,214 shares of the software maker’s stock after buying an additional 15,340 shares during the period. Federated Hermes Inc.’s holdings in Intuit were worth $27,463,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Weaver Capital Management LLC grew its holdings in Intuit by 1.3% in the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock worth $888,000 after purchasing an additional 14 shares during the period. May Hill Capital LLC increased its holdings in Intuit by 4.2% during the 2nd quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock worth $272,000 after purchasing an additional 14 shares in the last quarter. Northern Financial Advisors Inc raised its position in Intuit by 1.3% in the 2nd quarter. Northern Financial Advisors Inc now owns 1,209 shares of the software maker’s stock valued at $952,000 after buying an additional 15 shares during the last quarter. Telos Capital Management Inc. boosted its holdings in Intuit by 2.6% during the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after purchasing an additional 15 shares during the last quarter. Finally, Mcrae Capital Management Inc. grew its holdings in shares of Intuit by 0.7% in the second quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock valued at $1,723,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Down 0.8%

INTU opened at $498.92 on Friday. The firm has a market capitalization of $138.83 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.05 and a beta of 1.25. The business has a 50 day simple moving average of $625.24 and a two-hundred day simple moving average of $668.53. Intuit Inc. has a one year low of $491.72 and a one 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.

Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping the consensus estimate of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the business earned $2.50 EPS. The company’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. Analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were given a $1.20 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. Intuit’s dividend payout ratio is currently 32.81%.

Wall Street Analysts Forecast Growth

INTU has been the subject of several research reports. The Goldman Sachs Group began coverage on shares of Intuit in a research report on Monday, January 12th. They set a “neutral” rating and a $720.00 price target for the company. Evercore ISI reiterated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research note on Thursday, January 22nd. Daiwa Capital Markets raised their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, KeyCorp cut their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average price target of $791.73.

Get Our Latest Research Report on Intuit

More Intuit News

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Mizuho reiterated an Outperform rating and an $875 price target, calling AI-related tax?filing worries overblown and defending Intuit’s moat — a bullish analyst anchor that can support a recovery. Mizuho Calls AI Tax Filing Worries Overblown for Intuit (INTU)
Positive Sentiment: Intuit expanded its AI tax and hiring capabilities — adding TurboTax Stores and integrations with Checkr — which highlights product-led revenue levers and cross?sell opportunities across TurboTax, QuickBooks and Credit Karma. Intuit Expands AI Tax And Hiring Platform With TurboTax Stores And Checkr
Neutral Sentiment: Management scheduled Q2 FY2026 results for Feb. 26 (quarter ended Jan. 31); upcoming results and guidance will be the next major catalyst. Intuit to Announce Second-Quarter Fiscal Year 2026 Results on Feb. 26
Neutral Sentiment: Intuit posted a shareholder/analyst call slideshow that may provide extra detail ahead of earnings; useful for parsing near?term revenue mix and margin assumptions. Intuit Inc. (INTU) Shareholder/Analyst Call – Slideshow
Negative Sentiment: A market commentary pointed out Intuit is down ~24% so far in 2026, noting the company still guides to double?digit fiscal?2026 growth but at a slower pace than last year — a growth?multiple compression driver. Intuit Stock Is Down 24% Already In 2026. Time to Buy?
Negative Sentiment: Shares hit a 52?week low amid the selloff, reflecting elevated investor concern and lower near?term sentiment — increases downside risk if next quarter’s results or guide miss expectations. Intuit stock hits 52-week low at 510.0 USD
Negative Sentiment: Media coverage noted INTU dipping more than the broader market, amplifying momentum selling and short?term technical pressure. Intuit (INTU) dips more than broader market: What you should know

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of Intuit 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 transaction, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. The trade was a 71.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the completion of the transaction, the director directly owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 388,464 shares of company stock worth $255,514,393 over the last three months. Company insiders own 2.49% of the company’s stock.

Intuit Profile

(Free Report)

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.