UniSuper Management Pty Ltd Has $54.50 Million Position in Intuit Inc. $INTU

UniSuper Management Pty Ltd reduced its stake in shares of Intuit Inc. (NASDAQ:INTU) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 82,272 shares of the software maker’s stock after selling 2,754 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Intuit were worth $54,499,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Canopy Partners LLC increased its stake in shares of Intuit by 9.9% in the fourth quarter. Canopy Partners LLC now owns 477 shares of the software maker’s stock valued at $316,000 after buying an additional 43 shares in the last quarter. IFM Investors Pty Ltd increased its stake in shares of Intuit by 2.5% in the fourth quarter. IFM Investors Pty Ltd now owns 58,593 shares of the software maker’s stock valued at $38,813,000 after buying an additional 1,415 shares in the last quarter. SmartHarvest Portfolios LLC acquired a new stake in shares of Intuit in the fourth quarter valued at $815,000. YCG LLC increased its stake in shares of Intuit by 0.5% in the fourth quarter. YCG LLC now owns 63,286 shares of the software maker’s stock valued at $41,922,000 after buying an additional 300 shares in the last quarter. Finally, CSM Advisors LLC increased its stake in shares of Intuit by 21.8% in the fourth quarter. CSM Advisors LLC now owns 3,389 shares of the software maker’s stock valued at $2,244,000 after buying an additional 607 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

Shares of INTU stock opened at $276.91 on Friday. The stock has a 50-day moving average price of $366.58 and a 200 day moving average price of $475.39. 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 cap of $75.75 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.04 and a beta of 0.98. Intuit Inc. has a 12 month low of $273.27 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 25.18% and a net margin of 21.91%.The company’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts expect that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Insider Transactions at Intuit

In other news, Director Vasant M. Prabhu acquired 500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the transaction, the director directly owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the sale, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Argus lowered their target price on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. UBS Group lowered their target price on Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Erste Group Bank upgraded Intuit to a “hold” rating in a research note on Monday, April 27th. TD Cowen lowered their target price on Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, KeyCorp lowered their target price on Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a research note 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. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $514.58.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit raised $1.75 billion through a senior notes offering, which improves liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary continues to highlight strong fundamentals, including 19% revenue growth in online business solutions and arguments that the stock may now be undervalued after its decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to be a major near-term stock driver. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript drew attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in two recent transactions under a pre-arranged 10b5-1 plan; while routine, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are adding legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also points to investor skepticism around AI monetization and competitive disruption, reinforcing worries behind the recent stock weakness. Intuit slid amid market skepticism over AI monetization and disruption

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.