Milestone Resources Group Ltd Cuts Holdings in Intuit Inc. $INTU

Posted by Shane Hupp on Jan 31st, 2026

Milestone Resources Group Ltd decreased its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 71.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,454 shares of the software maker’s stock after selling 123,650 shares during the period. Intuit makes up about 1.7% of Milestone Resources Group Ltd’s investment portfolio, making the stock its 10th largest position. Milestone Resources Group Ltd’s holdings in Intuit were worth $33,090,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Intuit by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock valued at $21,823,625,000 after buying an additional 377,657 shares in the last quarter. State Street Corp boosted its holdings in shares of Intuit by 1.0% in the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock valued at $10,022,059,000 after purchasing an additional 125,990 shares during the period. Geode Capital Management LLC grew its stake in Intuit by 1.8% in the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after purchasing an additional 115,721 shares in the last quarter. Norges Bank purchased a new position in shares of Intuit during the second quarter valued at $3,268,830,000. Finally, Invesco Ltd. lifted its position in shares of Intuit by 13.2% in the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock worth $2,745,492,000 after purchasing an additional 407,078 shares during the period. 83.66% of the stock is owned by institutional investors.

Intuit Stock Performance

INTU opened at $498.92 on Friday. The company has a market cap 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 firm’s fifty day simple moving average is $625.24 and its two-hundred day simple moving average is $668.53. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 52-week low of $491.72 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings results 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. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period last year, the company posted $2.50 EPS. Intuit’s quarterly revenue was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, January 9th. Intuit’s payout ratio is presently 32.81%.

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

Analyst Upgrades and Downgrades

INTU has been the subject of a number of analyst reports. KeyCorp decreased their price objective on Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Truist Financial began coverage on shares of Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 target price on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a report on Thursday, January 22nd. UBS Group set a $739.00 target price on shares of Intuit in a report on Tuesday, January 6th. Finally, Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. One 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $791.73.

Check Out Our Latest Research Report on Intuit

Insider Transactions at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction on 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 sale, the director directly owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 388,464 shares of company stock valued at $255,514,393 in the last 90 days. 2.49% of the stock is owned by company insiders.

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.