Empowered Funds LLC Raises Holdings in Intuit Inc. $INTU

Empowered Funds LLC increased its holdings in Intuit Inc. (NASDAQ:INTU) by 210.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 66,280 shares of the software maker’s stock after purchasing an additional 44,961 shares during the quarter. Empowered Funds LLC’s holdings in Intuit were worth $28,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock valued at $19,156,152,000 after acquiring an additional 296,448 shares during the period. State Street Corp lifted its stake in shares of Intuit by 1.4% during the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after purchasing an additional 180,069 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Intuit by 1.3% during the 4th 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 boosted 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 valued at $3,378,912,000 after purchasing an additional 60,910 shares in the last quarter. Finally, Norges Bank bought a new stake in Intuit during the fourth quarter valued at about $3,058,407,000. Institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Shares of INTU stock opened at $303.91 on Tuesday. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market capitalization of $83.13 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.09 and a beta of 1.00. The stock’s 50-day simple moving average is $291.65 and its 200-day simple moving average is $389.50.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. Intuit’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $11.65 EPS. 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, equities analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were issued a $1.20 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is highlighted as an “AI winner” that uses artificial intelligence behind the scenes to reduce costs and improve operating efficiency rather than relying solely on AI product sales. The article also cites strong recent earnings and supportive analyst ratings. These 3 AI Winners Don’t Sell the Tech—They Use It
• Positive Sentiment: The stock’s outperformance in the latest session may have attracted additional momentum-focused buying. Intuit’s latest reported quarter included revenue growth of 10.4% year over year and earnings that exceeded analyst expectations, providing a fundamental backdrop for the advance. Intuit Rises Higher Than Market: Key Facts
• Neutral Sentiment: Multiple law firms reminded investors of September 8–9 deadlines to seek lead-plaintiff status in a securities class action covering purchases made from August 22, 2025, through May 20, 2026. These notices largely repeat existing allegations and do not represent a new company operating update. Rosen Securities Class Action Notice
• Negative Sentiment: The class action alleges that Intuit made material misstatements or omissions about the strength of its tax-related business and TurboTax growth outlook. The litigation follows a sharp prior stock decline and could create legal costs, reputational risk and continued investor uncertainty. Intuit Class Action Lawsuit Notice
• Negative Sentiment: An investment-fund review says Intuit has lost investor appeal because of concerns about AI disruption and future earnings, signaling that valuation and competitive-growth risks remain overhangs despite the recent rebound. Intuit Lost Appeal on AI Disruption and Earnings Concerns

Analyst Ratings Changes

A number of equities analysts have commented on INTU shares. BNP Paribas Exane reduced their target price on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn lowered their price target on shares of Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Wolfe Research restated an “outperform” rating and issued a $400.00 price target on shares of Intuit in a report on Thursday, May 21st. Truist Financial cut their price objective on shares of Intuit from $500.00 to $410.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, Morgan Stanley lowered shares of Intuit from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $580.00 to $335.00 in a research note on Tuesday, July 21st. Twenty-one investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus price target of $468.84.

Insiders Place Their Bets

In related news, Director Vasant M. Prabhu acquired 1,250 shares of the stock in a transaction dated Friday, May 22nd. The stock was acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the purchase, the director owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the sale, the director directly owned 12,326 shares in the company, valued at $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,239 shares of company stock valued at $348,354. Corporate insiders own 2.49% of the company’s stock.

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.