South Dakota Investment Council Has $7.74 Million Stock Holdings in Intuit Inc. $INTU

South Dakota Investment Council grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 1,504.5% in the 1st quarter, HoldingsChannel reports. The fund owned 17,906 shares of the software maker’s stock after buying an additional 16,790 shares during the period. South Dakota Investment Council’s holdings in Intuit were worth $7,742,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of INTU. Joseph Group Capital Management acquired a new position in Intuit during the fourth quarter worth $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Intuit during the fourth quarter valued at about $25,000. HHM Wealth Advisors LLC increased its position in shares of Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after acquiring an additional 30 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Intuit in the 1st quarter worth about $30,000. Finally, CrossGen Wealth LLC acquired a new stake in shares of Intuit in the 1st quarter worth about $32,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Performance

Shares of INTU stock opened at $315.50 on Friday. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $807.15. The firm’s 50 day moving average is $289.08 and its 200 day moving average is $382.54. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $86.30 billion, a P/E ratio of 19.11, a PEG ratio of 1.22 and a beta of 1.00.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same period last year, the business earned $11.65 earnings per share. Intuit’s revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, sell-side analysts anticipate that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.5%. Intuit’s payout ratio is 29.07%.

Insider Transactions at Intuit

In other Intuit news, Director Vasant M. Prabhu purchased 1,250 shares of Intuit stock in a transaction on Friday, May 22nd. The shares were acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the transaction, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the 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 transaction, the director directly owned 12,326 shares in the company, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,239 shares of company stock valued at $348,354 over the last quarter. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

INTU has been the topic of a number of recent research reports. Rothschild & Co Redburn dropped their target price on Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Wolfe Research reiterated an “outperform” rating and set a $400.00 price target on shares of Intuit in a report on Thursday, May 21st. KeyCorp lowered their price target on Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Northcoast Research dropped their price objective on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Daiwa Securities Group cut their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Twenty analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $462.39.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit will release its fiscal fourth-quarter and full-year 2026 results after the market close on August 25, followed by a conference call. The company also scheduled an Investor Day for September 17, giving management an opportunity to address growth, guidance and strategy. Intuit to Announce Fourth-Quarter and Full-Year Fiscal 2026 Results on Aug. 25; Investor Day Set for Sep. 17
• Neutral Sentiment: Intuit and College Board announced a partnership to provide free financial-literacy tools and resources to high schools through a new AP Business with Personal Finance course. The initiative may support brand awareness and long-term customer engagement, but it is unlikely to materially affect near-term financial results. Intuit and College Board Partner to Bring Free Financial Tools and Resources to High School Classrooms
• Negative Sentiment: Several law firms, including Robbins Geller, Rosen, Bronstein Gewirtz & Grossman, Kessler Topaz and others, publicized an existing securities lawsuit against Intuit and certain executives. The case covers investors who purchased shares between August 22, 2025, and May 20, 2026, with a September 8 deadline to seek lead-plaintiff status. The complaints allege that Intuit made material misstatements or omissions concerning the strength of its tax business and TurboTax growth. The allegations have not been proven, but the repeated notices increase headline risk and could raise concerns about potential financial, reputational and management costs. Investor Alert: Robbins Geller Announces Intuit Class Action Opportunity
• Negative Sentiment: Investor-law-firm notices also highlight a reassessment by analysts and significantly reduced price targets following an alleged cut to TurboTax growth guidance. This suggests that concerns about the tax segment’s growth trajectory—not merely the litigation itself—are weighing on sentiment ahead of Intuit’s August earnings report. INTU Shareholder Alert and Analyst Opinion Reassessment

Intuit 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.