Intuit Inc. $INTU Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its position in shares of Intuit Inc. (NASDAQ:INTU) by 2.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,961,343 shares of the software maker’s stock after selling 57,395 shares during the period. Janus Henderson Group PLC’s holdings in Intuit were worth $848,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Joseph Group Capital Management acquired a new position in shares of Intuit in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Intuit during the 4th quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. purchased a new position in Intuit in the third quarter valued at approximately $33,000. Birchwood Financial Partners Inc. acquired a new position in Intuit during the fourth quarter valued at approximately $33,000. Finally, Steph & Co. lifted its position in Intuit by 346.2% during the fourth quarter. Steph & Co. now owns 58 shares of the software maker’s stock valued at $38,000 after buying an additional 45 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Stock Up 6.4%

Shares of NASDAQ:INTU opened at $333.13 on Thursday. The company has a market capitalization of $91.12 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.15 and a beta of 1.00. The company has a 50 day moving average of $288.91 and a two-hundred day moving average of $384.87. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $813.70. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU) last posted its earnings results 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 business had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $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. As a group, analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s dividend payout ratio is presently 29.07%.

Insider Activity

In related news, Director Vasant M. Prabhu purchased 1,250 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was acquired at an average price of $309.45 per share, with a total value of $386,812.50. Following the completion of the transaction, the director owned 1,250 shares of the company’s stock, valued at $386,812.50. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction 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. This trade 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. In the last quarter, insiders sold 1,239 shares of company stock worth $348,354. 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: Intuit’s latest reported quarter showed resilient financial performance: revenue rose 10.4% year over year to $8.56 billion and adjusted earnings of $12.80 per share exceeded consensus estimates. Management maintained fiscal 2026 guidance, which may be supporting the rebound. Intuit investor attention article
• Neutral Sentiment: Intuit is attracting elevated investor attention, but the Zacks article does not identify a new fundamental catalyst. Broader U.S. equities were also weaker ahead of the Federal Reserve’s policy decision and major technology earnings, creating a mixed market backdrop for INTU. Equities lower ahead of Fed decision article
• Negative Sentiment: TD Cowen downgraded Intuit to Hold from Buy, citing a near-term catalyst path that appears more negative than positive and could limit a recovery in the shares. The downgrade reinforces concerns that lowered TurboTax growth guidance may continue to weigh on valuation. TD Cowen Intuit downgrade article
• Negative Sentiment: Multiple law firms publicized a securities class-action lawsuit against Intuit and certain officers. The allegations claim the company overstated the strength and sustainability of its tax-related operations, particularly TurboTax, while failing to disclose customer losses, competitive pressure and pricing challenges. Investors who purchased securities between August 22, 2025, and May 20, 2026, have until September 8, 2026, to seek lead-plaintiff status. These announcements increase headline, legal and reputational risk, although the allegations have not been proven. Intuit class action lawsuit article

Analyst Ratings Changes

INTU has been the subject of several recent research reports. Oppenheimer dropped their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Evercore reduced their target price on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Piper Sandler started coverage on shares of Intuit in a research report on Tuesday, July 14th. They set an “underweight” rating and a $250.00 price target for the company. Weiss Ratings downgraded Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. Finally, KeyCorp cut their price objective on Intuit from $520.00 to $450.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Twenty analysts have rated the stock with a Buy rating, nine have issued 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 $462.39.

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.