Saturna Capital Corp Lowers Position in Intuit Inc. $INTU

Saturna Capital Corp lessened its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 97.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,215 shares of the software maker’s stock after selling 287,904 shares during the quarter. Saturna Capital Corp’s holdings in Intuit were worth $5,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Intuit in the fourth quarter valued at approximately $3,058,407,000. Alliancebernstein L.P. grew its stake in Intuit by 183.8% in the 3rd quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock worth $1,365,640,000 after buying an additional 1,295,199 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit in the 1st quarter worth $785,564,000. Vanguard Group Inc. increased its holdings in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after buying an additional 914,024 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after buying an additional 471,451 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In related news, Director Vasant M. Prabhu acquired 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, with a total value of $386,812.50. Following the transaction, the director owned 1,250 shares in the company, valued at $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.49% of the company’s stock.

Intuit Stock Down 3.3%

Shares of NASDAQ:INTU opened at $284.22 on Thursday. The stock’s 50-day moving average is $369.69 and its 200 day moving average is $478.11. The company has a market cap of $77.75 billion, a PE ratio of 17.22, a P/E/G ratio of 1.08 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a 1 year low of $281.93 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the business 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. Sell-side analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.7%. Intuit’s payout ratio is 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some commentators argue the selloff has created a buying opportunity, pointing to Intuit’s still-solid fundamentals and suggesting the stock may be oversold after the recent decline. Article: Intuit’s Stock Price Plunge Represents a Golden Buying Opportunity
• Positive Sentiment: Third-party valuation coverage says INTU could be materially undervalued, with one DCF-based analysis estimating a much higher fair value than the current share price. Article: Is INTU Undervalued? DCF Says Worth $720
• Neutral Sentiment: Intuit presented at recent investor conferences, which may help reassure investors about strategy and product execution, but these appearances did not include a major new catalyst. Article: Intuit Inc. (INTU) Presents at Mizuho Technology Conference 2026 Transcript
• Neutral Sentiment: Analysts and market commentary continue to frame Intuit as a growth and value stock, with some coverage highlighting its relatively low P/E versus history and peers. Article: Here’s Why Intuit (INTU) is a Strong Growth Stock
• Negative Sentiment: News flow around Intuit has turned more bearish after reports of a large stock drop tied to pricing concerns, with investigators looking into whether the company misled investors about TurboTax pricing. Article: Stock Drop Alert: Intuit (INTU) 20% Stock Drop on Pricing Issues Trigger Securities Fraud Investigation on behalf of Investors
• Negative Sentiment: Law firms have launched investor investigations into Intuit, adding legal overhang and reinforcing concerns that the stock’s decline may be tied to disclosure and pricing issues. Article: Intuit Investigation: Intuit (INTU) Investigated for Misrepresenting its Pricing Issues
• Negative Sentiment: One recent article highlighted that Intuit is leveraging new debt while facing AI-driven competitive pressure and cost-cutting measures, which may be raising investor concerns about margins and execution. Article: Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on INTU shares. BMO Capital Markets cut their target price on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. TD Cowen lowered their price target on Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Citigroup dropped their price target on Intuit from $649.00 to $591.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. Finally, Jefferies Financial Group reduced their price objective on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and an average price target of $514.58.

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.