US Bancorp DE Has $132.60 Million Holdings in Intuit Inc. $INTU

US Bancorp DE grew its stake in Intuit Inc. (NASDAQ:INTU) by 9.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,159 shares of the software maker’s stock after purchasing an additional 16,430 shares during the period. US Bancorp DE owned about 0.07% of Intuit worth $132,595,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in INTU. Telos Capital Management Inc. grew its position in Intuit by 2.6% during the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after buying an additional 15 shares in the last quarter. Mcrae Capital Management Inc. grew its holdings in shares of Intuit by 0.7% during the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after purchasing an additional 15 shares in the last quarter. Fort Sheridan Advisors LLC increased its position in shares of Intuit by 2.1% during the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares during the period. BetterWealth LLC raised its stake in shares of Intuit by 3.8% in the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after purchasing an additional 15 shares in the last quarter. Finally, Sachetta LLC increased its holdings in Intuit by 23.8% in the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after buying an additional 15 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Anthropic partnership strengthens Intuit’s AI roadmap and briefly lifted the stock as the deal promises customizable AI agents for QuickBooks/TurboTax customers and embeds Intuit tools into Anthropic’s agent ecosystem. Intuit Partners With Anthropic on Agents
• Positive Sentiment: Some analysts and quant research single out Intuit as an AI “winner” with strong switching costs and ecosystem defensibility — a narrative that supports a longer-term buy thesis despite near-term weakness. (Market/analyst coverage highlighted this view.)
• Neutral Sentiment: Upcoming fiscal Q2 earnings preview calls for continued revenue growth across QuickBooks, TurboTax and Credit Karma — earnings will be a near-term catalyst that could validate or weaken the AI/strategy narrative. Q4/Q2 Earnings Preview
• Negative Sentiment: Wells Fargo cut its price target sharply (from $700 to $425) and moved to an equal-weight view, signaling weaker near-term expectations and weighing on sentiment. Wells Fargo target cut
• Negative Sentiment: Multiple broker notes (Barclays, BNP Paribas Exane and others) and at least one downgrade/“pessimistic forecast” pieces have hit the tape, adding downward pressure and contributing to a new 1‑year low after the analyst reactions. Analyst pessimistic forecasts
• Negative Sentiment: Short interest surged in February (about a 40% increase vs. late January, now ~3.1% of float), which can amplify downside moves and signals some investors are betting on further near-term weakness.

Wall Street Analyst Weigh In

INTU has been the topic of several recent research reports. Wolfe Research decreased their target price on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. BNP Paribas Exane decreased their price objective on Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a report on Monday. Susquehanna dropped their target price on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a report on Tuesday. Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Finally, KeyCorp lowered their price target on Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $726.18.

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director directly owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. This represents a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 388,464 shares of company stock worth $255,514,393 in the last 90 days. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

Intuit stock opened at $381.23 on Thursday. The business’s fifty day moving average is $536.83 and its two-hundred day moving average is $621.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $106.08 billion, a P/E ratio of 26.06, a P/E/G ratio of 1.47 and a beta of 1.24. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70.

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.