Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Intuit Inc. $INTU

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Intuit Inc. (NASDAQ:INTU) during the first quarter, HoldingsChannel.com reports. The fund purchased 61,790 shares of the software maker’s stock, valued at approximately $26,717,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Betterment LLC raised its stake in Intuit by 2.1% during the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after acquiring an additional 16 shares during the period. Value Partners Investments Inc. boosted its stake in Intuit by 0.4% in the fourth quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock valued at $2,629,000 after acquiring an additional 17 shares during the period. Central Pacific Bank Trust Division grew its holdings in shares of Intuit by 0.5% during the fourth quarter. Central Pacific Bank Trust Division now owns 3,621 shares of the software maker’s stock valued at $2,399,000 after purchasing an additional 18 shares during the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of Intuit by 2.4% during the fourth quarter. SeaCrest Wealth Management LLC now owns 764 shares of the software maker’s stock valued at $498,000 after purchasing an additional 18 shares during the last quarter. Finally, PFG Investments LLC raised its position in shares of Intuit by 2.0% during the 4th quarter. PFG Investments LLC now owns 915 shares of the software maker’s stock worth $606,000 after purchasing an additional 18 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Vasant M. Prabhu bought 500 shares of the stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, with a total value of $154,855.00. Following the purchase, the director owned 1,750 shares in the company, valued at approximately $541,992.50. This represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 284 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,239 shares of company stock valued at $348,354 in the last ninety days. Corporate insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of INTU stock opened at $294.79 on Friday. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $80.64 billion, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 1.02 and a beta of 1.00. The business has a 50 day simple moving average of $305.30 and a 200 day simple moving average of $407.38.

Intuit (NASDAQ:INTU) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the previous year, the business earned $11.65 EPS. 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. On average, equities research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

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

Analyst Upgrades and Downgrades

INTU has been the subject of a number of recent research reports. KeyCorp lowered their price objective on Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Stifel Nicolaus reiterated a “hold” rating and issued a $275.00 target price (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Oppenheimer reduced their price target on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Bank of America started coverage on shares of Intuit in a research report on Wednesday, May 27th. They set a “buy” rating and a $400.00 price target for the company. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Intuit in a report on Thursday, May 21st. Twenty-two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $490.39.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Negative Sentiment: Several law firms announced or promoted class-action lawsuits against Intuit over alleged securities-law violations during the period from Aug. 22, 2025 to May 20, 2026, with lead-plaintiff deadlines now approaching; this keeps legal overhang front and center for investors. Article Title
• Negative Sentiment: Analyst commentary referenced sharp reductions in sell-side price targets after Intuit cut TurboTax growth guidance, reinforcing concerns that near-term growth may be slowing and that expectations had been too high. Article Title
• Negative Sentiment: Additional investor alerts from multiple firms suggest more legal follow-through is likely, which can weigh on the stock as investors assess potential costs, distraction, and reputational damage. Article Title
• Neutral Sentiment: Some recent commentary remains constructive, with articles arguing Intuit still has strong cash generation and solid growth characteristics, which may help limit downside over time if execution stabilizes. Article Title
• Neutral Sentiment: Intuit also received a Zacks upgrade to Buy and broader bullish analyst coverage, but these positive views are being overshadowed in the near term by litigation risk and guidance concerns. Article Title

Intuit Company 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.