Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 2,133 Shares of Intuit Inc. $INTU

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Intuit Inc. (NASDAQ:INTU) by 3.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 64,852 shares of the software maker’s stock after selling 2,133 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Intuit were worth $42,959,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Guinness Atkinson Asset Management Inc grew its holdings in shares of Intuit by 5.8% in the 4th quarter. Guinness Atkinson Asset Management Inc now owns 9,348 shares of the software maker’s stock worth $6,302,000 after purchasing an additional 509 shares during the last quarter. Edgemoor Investment Advisors Inc. lifted its position in Intuit by 65.5% during the 4th quarter. Edgemoor Investment Advisors Inc. now owns 3,321 shares of the software maker’s stock worth $2,200,000 after buying an additional 1,314 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in Intuit by 7.0% during the 4th quarter. Catalyst Capital Advisors LLC now owns 613 shares of the software maker’s stock worth $406,000 after buying an additional 40 shares in the last quarter. Norges Bank acquired a new position in Intuit during the 4th quarter worth about $3,058,407,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Intuit during the 4th quarter worth about $71,403,000. Institutional investors own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America reportedly reinstated a Buy rating on Intuit, which can help support sentiment and signal that Wall Street still sees long-term value in the shares.
• Positive Sentiment: Intuit expanded Mailchimp AI tools and integrations, including Analytics AI and connections with platforms like Shopify, Canva, Wix, WooCommerce, and Claude, reinforcing the company’s AI growth narrative and small-business software momentum. Article: Intuit Expands Mailchimp AI Tools And Integrations For Small Business Growth
• Positive Sentiment: Commentary highlighting how Intuit is overcoming fears of AI disruption may reassure investors that AI is acting more as a tailwind than a threat to its core software franchises. Article: Here’s How Intuit (INTU) is Overcoming the Fears of AI Disruption
• Neutral Sentiment: Articles comparing Intuit vs. PayPal frame INTU as a strong fintech/software contender, but they are more of an industry comparison than a direct catalyst. Article: Intuit vs. PayPal: Which Fintech Stock Is the Better Buy Now?
• Neutral Sentiment: Intuit is also getting more analyst and investor attention after its earnings call and recent coverage, but these items mainly keep the stock in focus rather than changing the fundamental story.
• Negative Sentiment: Multiple law firms and a securities-fraud investigation were announced, alleging possible pricing-related issues and false or misleading statements. That legal pressure could weigh on the shares and keep volatility elevated. Article: INTU Securities News: Intuit Investigated for Securities Fraud Over Pricing Issues
• Negative Sentiment: Argus lowered its price target on Intuit to $480 from $580 after the company reduced guidance, suggesting some near-term caution despite keeping a Buy rating.

Intuit Stock Performance

Intuit stock opened at $331.53 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 1 year low of $300.50 and a 1 year high of $813.70. The company has a market cap of $90.69 billion, a PE ratio of 20.08, a PEG ratio of 1.26 and a beta of 1.04. The company’s 50-day moving average is $390.41 and its two-hundred day moving average is $498.50.

Intuit (NASDAQ:INTU) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the company posted $11.65 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities analysts anticipate that Intuit Inc. will post 17.64 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently declared 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 dividend yield of 1.4%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on INTU. Bank of America began coverage on shares of Intuit in a research report on Wednesday. They set a “buy” rating and a $400.00 price target on the stock. UBS Group reduced their price target on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Daiwa Securities Group reduced their price target on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday. Susquehanna reduced their price target on shares of Intuit from $640.00 to $550.00 and set a “positive” rating on the stock in a research report on Friday, May 22nd. Finally, Erste Group Bank upgraded shares of Intuit to a “hold” rating in a research report on Monday, April 27th. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $525.65.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Vasant M. Prabhu purchased 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price 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. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.49% of the company’s stock.

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.