Generate Investment Management Ltd Invests $29.90 Million in Intuit Inc. $INTU

Generate Investment Management Ltd acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 43,777 shares of the software maker’s stock, valued at approximately $29,896,000. Intuit accounts for about 1.5% of Generate Investment Management Ltd’s holdings, making the stock its 20th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in INTU. Sequoia Financial Advisors LLC lifted its stake in Intuit by 9.0% in the second quarter. Sequoia Financial Advisors LLC now owns 17,279 shares of the software maker’s stock valued at $13,609,000 after buying an additional 1,433 shares during the period. MUFG Securities EMEA plc purchased a new position in Intuit during the second quarter worth about $1,733,000. denkapparat Operations GmbH bought a new position in shares of Intuit in the second quarter valued at approximately $830,000. Quadrant Capital Group LLC increased its position in shares of Intuit by 2.4% during the second quarter. Quadrant Capital Group LLC now owns 6,608 shares of the software maker’s stock valued at $5,205,000 after acquiring an additional 152 shares during the last quarter. Finally, New York Life Investment Management LLC increased its holdings in Intuit by 1.1% during the second quarter. New York Life Investment Management LLC now owns 41,830 shares of the software maker’s stock worth $32,947,000 after buying an additional 442 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Trading Down 0.6%

INTU stock opened at $669.79 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $186.38 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 2.76 and a beta of 1.27. The business has a 50 day simple moving average of $660.09 and a two-hundred day simple moving average of $696.75. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data 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 return on equity of 23.52% and a net margin of 21.19%.The firm had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same quarter last year, the business posted $2.50 earnings per share. The business’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. Research analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio is currently 32.81%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on INTU shares. Wolfe Research cut their price objective on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a report on Monday, December 15th. Royal Bank Of Canada reiterated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research report on Friday, November 21st. Daiwa Capital Markets raised their price target on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Rothschild & Co Redburn upped their target price on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Finally, Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell 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 $796.60.

Insider Buying and Selling

In related news, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the transaction, the director directly owned 5,744,584 shares in the company, valued at approximately $3,868,575,203.12. This represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the sale, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at $876,792.70. This represents a 47.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 345,897 shares of company stock valued at $227,875,560. Company insiders own 2.49% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rehmann (a mid‑market advisory/accounting firm) has partnered with Intuit to deploy its AI‑native ERP solutions for midsize clients — a sign of enterprise adoption that can expand Intuit’s addressable market and recurring SaaS revenue if rollout scales. Rehmann Teams with Intuit to Provide Services Using AI-native ERP Software Platform
• Neutral Sentiment: Street consensus remains constructive: analysts give Intuit an average recommendation of “Moderate Buy” — supports longer‑term growth expectations but contains no major catalyst by itself. Intuit Inc. Given Average Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Cultural/community news (Intuit’s art museum show) surfaced but is unlikely to affect fundamentals or near‑term share movement. Intuit Art Museum Showcases Self-Taught Artists
• Negative Sentiment: Director Scott D. Cook sold 75,000 INTU shares (≈$673.43 avg price) in a block trade disclosed to the SEC — insider selling can be read negatively by traders even though Cook still holds a large position; monitor for any follow‑on selling or explanation in filings. SEC Form 4: Scott D. Cook Sale

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.