9,359 Shares in Intuit Inc. $INTU Acquired by North Dakota State Investment Board

North Dakota State Investment Board bought a new position in Intuit Inc. (NASDAQ:INTU) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,359 shares of the software maker’s stock, valued at approximately $6,200,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTU. Joseph Group Capital Management purchased a new stake in Intuit during the 4th quarter valued at approximately $25,000. MTM Investment Management LLC grew its holdings in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in Intuit during the 3rd quarter valued at approximately $33,000. Richardson Financial Services Inc. grew its holdings in Intuit by 70.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock valued at $35,000 after buying an additional 21 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its holdings in Intuit by 54.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after buying an additional 19 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investor sentiment is improving around INTU’s valuation after a year of share-price weakness, with a new article arguing the stock may be oversold and potentially attractive for long-term buyers. Is Intuit Stock Oversold Now, Finally Making It a Buy?
• Positive Sentiment: Coverage ahead of Q3 earnings highlights that Wall Street will be watching Intuit’s key metrics closely, which can reinforce expectations that the company continues to post double-digit growth and may deliver another solid quarter. Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Positive Sentiment: Intuit also drew attention for expanding its Enterprise Suite with AI-powered automation and analytics, signaling continued product innovation that could support mid-market growth and future recurring revenue. Intuit Expands Enterprise Suite With AI: Will It Boost Growth?

Intuit Price Performance

Shares of INTU opened at $393.00 on Monday. The company has a market cap of $108.68 billion, a PE ratio of 25.45, a P/E/G ratio of 1.58 and a beta of 1.04. The business has a fifty day moving average of $413.60 and a 200 day moving average of $520.06. Intuit Inc. has a 52-week low of $342.11 and a 52-week high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

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

Intuit Announces Dividend

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

Analysts Set New Price Targets

INTU has been the subject of a number of research analyst reports. Daiwa Securities Group cut their price objective on shares of Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Oppenheimer cut their price objective on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group cut their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Erste Group Bank raised shares of Intuit to a “hold” rating in a report on Monday, April 27th. Finally, Barclays reissued an “overweight” rating and issued a $540.00 target price on shares of Intuit in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $634.26.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.49% of the stock is currently owned by corporate insiders.

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.