Czech National Bank Boosts Holdings in Intuit Inc. $INTU

Czech National Bank raised its position in Intuit Inc. (NASDAQ:INTU) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 78,717 shares of the software maker’s stock after purchasing an additional 2,930 shares during the period. Czech National Bank’s holdings in Intuit were worth $20,545,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in INTU. Vanguard Group Inc. grew its position in Intuit by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after buying an additional 296,448 shares in the last quarter. State Street Corp raised its holdings in shares of Intuit by 1.4% in the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after acquiring an additional 180,069 shares in the last quarter. Geode Capital Management LLC boosted its position 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 valued at $4,369,488,000 after acquiring an additional 87,451 shares during the last quarter. Morgan Stanley boosted its position in shares of Intuit by 1.2% during the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after acquiring an additional 60,910 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Intuit during the fourth quarter worth about $3,058,407,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 284 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 500 shares of the business’s stock in a transaction 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 acquisition, the director owned 1,750 shares in the company, valued at approximately $541,992.50. The trade was a 40.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have sold 1,239 shares of company stock valued at $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 announced that Citrin Cooperman has made its AI-native Intuit Enterprise Suite available to clients. The partnership could support adoption of Intuit’s enterprise financial-management products among middle-market businesses and broaden growth beyond its traditional tax and small-business offerings. Citrin Cooperman Expands Its ERP and Advisory Offerings with Intuit Enterprise Suite
• Neutral Sentiment: Several law firms, including Rosen, Bronstein Gewirtz & Grossman, Robbins, Pomerantz and others, issued investor notices concerning a securities class action covering purchases made from August 22, 2025, through May 20, 2026. The notices largely repeat the same case and encourage investors to seek lead-plaintiff status by September 8, 2026; they do not represent separate confirmed judgments against Intuit. INTU Investors Have Opportunity to Lead Intuit Inc. Securities Fraud Lawsuit
• Negative Sentiment: The lawsuit alleges that Intuit and certain executives misled investors about the sustainability and growth prospects of TurboTax and failed to adequately disclose rising competition and pricing pressure in its tax-related operations. If the claims gain traction, Intuit could face litigation costs, settlement exposure and reputational damage. Intuit Inc. Stockholders Have Rights
• Negative Sentiment: Intuit was also among software stocks pressured after Figma highlighted sharply higher artificial-intelligence investment costs. The sector development raises concerns about margin pressure and the return on AI spending, even though it is not specific to Intuit. Software Stocks Slide After Figma Flags Surging AI Costs

Intuit Price Performance

INTU stock opened at $325.25 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $762.48. The firm’s fifty day moving average is $289.81 and its 200 day moving average is $373.05. The firm has a market cap of $88.97 billion, a P/E ratio of 19.70, a P/E/G ratio of 1.02 and a beta of 0.97.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results 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. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the previous year, the firm posted $11.65 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. 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 predict that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Announces Dividend

The business 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. The ex-dividend date was Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.5%. Intuit’s payout ratio is presently 29.07%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on INTU. KeyCorp decreased their price objective on shares of Intuit from $520.00 to $450.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. TD Cowen lowered shares of Intuit from a “buy” rating to a “hold” rating and dropped their target price for the company from $504.00 to $304.00 in a research report on Tuesday, July 28th. Daiwa Securities Group cut their price target on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. BMO Capital Markets decreased their price target on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Finally, Argus lowered their price objective on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Nineteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $460.45.

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.