PBU The Pension Fund of Early Childhood & Youth Educators Takes Position in Intuit Inc. $INTU

PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,444 shares of the software maker’s stock, valued at approximately $2,281,000.

A number of other large investors have also recently made changes to their positions in the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Intuit by 3.0% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 88,500 shares of the software maker’s stock valued at $58,624,000 after purchasing an additional 2,560 shares during the period. Parallel Advisors LLC lifted its stake in Intuit by 0.4% in the fourth quarter. Parallel Advisors LLC now owns 26,425 shares of the software maker’s stock worth $17,511,000 after acquiring an additional 107 shares during the period. Prestige Wealth Management Group LLC lifted its stake in Intuit by 4.1% in the fourth quarter. Prestige Wealth Management Group LLC now owns 755 shares of the software maker’s stock worth $500,000 after acquiring an additional 30 shares during the period. Horizon Bancorp Inc. IN lifted its stake in Intuit by 93.5% in the fourth quarter. Horizon Bancorp Inc. IN now owns 416 shares of the software maker’s stock worth $276,000 after acquiring an additional 201 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Intuit by 1.0% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 15,435 shares of the software maker’s stock worth $10,224,000 after acquiring an additional 150 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Vasant M. Prabhu acquired 1,250 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director directly owned 1,250 shares in the company, valued at $386,812.50. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

NASDAQ INTU opened at $296.76 on Friday. The firm’s fifty day simple moving average is $377.58 and its two-hundred day simple moving average is $486.66. 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 12-month low of $293.67 and a 12-month high of $813.70. The firm has a market capitalization of $81.18 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.09 and a beta of 0.98.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the company earned $11.65 earnings per share. The business’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. Analysts forecast that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be issued a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. Intuit’s dividend payout ratio is 29.07%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on INTU shares. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. Argus lowered their price objective on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Rothschild & Co Redburn lowered their price objective on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Evercore lowered their price objective on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Finally, Truist Financial lowered their price objective on shares of Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-four investment 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’s stock. Based on data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and an average target price of $514.58.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Baron Capital highlighted Intuit as a strong long-term bet in its latest investor letter, reinforcing the view that the company’s software and financial platform remain attractive despite the recent stock weakness.
• Positive Sentiment: Another investor-focused article argued that Intuit remains one of the more compelling software names, suggesting some market participants still see upside in the business model and cash-flow profile.
• Neutral Sentiment: Cramer’s comments and other media coverage kept Intuit in the spotlight, but these mentions were more commentary-driven than tied to a clear new business catalyst.
• Negative Sentiment: Multiple law firms, including BFA Law, Pomerantz, and Bragar Eagel & Squire, announced investigations into Intuit after the stock’s major decline, raising concerns about possible securities-fraud claims and adding legal overhang. Article Title
• Negative Sentiment: Goldman Sachs reportedly cut Intuit, which can weigh on investor confidence and pressure the shares further.
• Negative Sentiment: News coverage focused on Intuit’s steep recent decline and investors “asking tough questions,” reinforcing bearish sentiment around the stock after the selloff. Article Title

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.