Intuit Inc. $INTU Stock Position Boosted by Lindsell Train Ltd

Lindsell Train Ltd boosted its holdings in Intuit Inc. (NASDAQ:INTU) by 20.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 733,699 shares of the software maker’s stock after buying an additional 123,448 shares during the period. Intuit accounts for approximately 10.1% of Lindsell Train Ltd’s holdings, making the stock its 3rd largest holding. Lindsell Train Ltd’s holdings in Intuit were worth $317,237,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Intuit by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after acquiring an additional 296,448 shares during the last quarter. State Street Corp grew its holdings in Intuit by 1.4% in the fourth quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after purchasing an additional 180,069 shares during the period. Geode Capital Management LLC increased its position in Intuit by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after purchasing an additional 87,451 shares during the last quarter. Morgan Stanley increased its position in Intuit by 1.2% during the fourth quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after purchasing an additional 60,910 shares during the last quarter. Finally, Norges Bank purchased a new position in Intuit during the fourth quarter worth approximately $3,058,407,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

INTU has been the subject of several research reports. Bank of America began coverage on shares of Intuit in a research note on Wednesday, May 27th. They set a “buy” rating and a $400.00 price objective for the company. Erste Group Bank raised Intuit to a “hold” rating in a research report on Monday, April 27th. Freedom Capital cut Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Guggenheim set a $633.00 price target on Intuit in a research report on Monday, March 16th. Finally, Daiwa Securities Group dropped their price target on Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Twenty-two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $498.40.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts continue to highlight Intuit’s AI push, saying it could deepen automation, improve cross-selling, and support the company’s next growth phase. Intuit’s AI Push: Can It Unlock the Next Growth Phase?
• Positive Sentiment: Another analyst note argued Intuit’s ecosystem across TurboTax, Credit Karma, and QuickBooks remains a key competitive advantage versus peers. Intuit vs Block: Which Fintech Stock Is the Better Buy Now?
• Neutral Sentiment: Recent coverage also reiterated that Intuit’s latest quarter beat EPS and revenue expectations and management guided for continued growth, which supports the longer-term investment case.
• Negative Sentiment: A new law-firm announcement said Intuit is being investigated for potential securities fraud after pricing issues, adding legal overhang and likely weighing on the stock. INTU Investigation Notification: Intuit is being Investigated for Securities Fraud Following Pricing Issues – Contact BFA Law if You Lost Money
• Negative Sentiment: Recent market commentary also noted that INTU had been declining while the broader market improved, reflecting ongoing weakness in sentiment after the stock’s steep prior drop.

Intuit Price Performance

Intuit stock opened at $267.08 on Thursday. The firm has a fifty day moving average of $331.09 and a 200-day moving average of $437.66. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $813.70. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $73.06 billion, a P/E ratio of 16.18, a PEG ratio of 0.96 and a beta of 1.00.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the previous year, the business posted $11.65 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, analysts predict that Intuit Inc. will post 18.19 EPS for the current year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is currently 29.07%.

Insider Activity

In other news, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director owned 11,758 shares of the company’s stock, valued at $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $309.71 per share, with a total value of $154,855.00. Following the purchase, the director owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. This represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 1,239 shares of company stock valued at $348,354 in the last ninety days. Company insiders own 2.49% of the company’s stock.

About Intuit

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.