AQR Capital Management LLC Has $82.46 Million Stock Holdings in Intuit Inc. $INTU

AQR Capital Management LLC lifted its position in shares of Intuit Inc. (NASDAQ:INTU) by 112.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,988 shares of the software maker’s stock after purchasing an additional 72,641 shares during the quarter. AQR Capital Management LLC’s holdings in Intuit were worth $82,460,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of INTU. GAMMA Investing LLC boosted its holdings in Intuit by 69,701.9% during the first quarter. GAMMA Investing LLC now owns 2,825,582 shares of the software maker’s stock worth $17,348,790,000 after purchasing an additional 2,821,534 shares during the last quarter. Nuveen LLC purchased a new position in Intuit during the first quarter worth about $882,031,000. Nicholas Hoffman & Company LLC. purchased a new position in Intuit during the first quarter worth about $785,564,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Intuit by 33.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,072,021 shares of the software maker’s stock worth $1,930,765,000 after acquiring an additional 771,232 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Intuit by 7.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock worth $5,537,435,000 after acquiring an additional 649,212 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Up 0.7%

Shares of INTU stock opened at $672.82 on Friday. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The company’s fifty day simple moving average is $737.50 and its two-hundred day simple moving average is $679.92. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45. The stock has a market capitalization of $187.68 billion, a price-to-earnings ratio of 48.97, a PEG ratio of 2.58 and a beta of 1.26.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period last year, the company earned $1.99 earnings per share. The business’s revenue for the quarter was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This is an increase from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. Intuit’s dividend payout ratio is 34.93%.

Insider Transactions at Intuit

In other news, insider Scott D. Cook sold 62,816 shares of the firm’s stock in a transaction on Monday, June 9th. The stock was sold at an average price of $765.99, for a total value of $48,116,427.84. Following the completion of the transaction, the insider directly owned 6,000,679 shares of the company’s stock, valued at $4,596,460,107.21. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark P. Notarainni sold 1,147 shares of the firm’s stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $773.90, for a total transaction of $887,663.30. Following the completion of the transaction, the executive vice president directly owned 19 shares of the company’s stock, valued at approximately $14,704.10. The trade was a 98.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 72,029 shares of company stock valued at $55,231,998. 2.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on INTU. Barclays dropped their price target on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. CLSA began coverage on Intuit in a report on Thursday, June 26th. They set an “outperform” rating and a $900.00 price target on the stock. The Goldman Sachs Group lifted their price target on Intuit from $750.00 to $860.00 and gave the stock a “buy” rating in a report on Monday, May 19th. Stifel Nicolaus reduced their price objective on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Zacks Research lowered Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $797.62.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.