Farallon Capital Management LLC Has $333.32 Million Stock Position in Intuit Inc. $INTU

Farallon Capital Management LLC reduced its holdings in Intuit Inc. (NASDAQ:INTU) by 9.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 488,088 shares of the software maker’s stock after selling 48,570 shares during the quarter. Intuit comprises 1.4% of Farallon Capital Management LLC’s holdings, making the stock its 20th largest holding. Farallon Capital Management LLC owned 0.18% of Intuit worth $333,320,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in INTU. Tortoise Investment Management LLC grew its position in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares during the period. Sagard Holdings Management Inc. acquired a new position in shares of Intuit during the 2nd quarter valued at $28,000. Total Investment Management Inc. acquired a new position in shares of Intuit during the 2nd quarter valued at $33,000. Kilter Group LLC bought a new position in Intuit during the second quarter worth $35,000. Finally, MTM Investment Management LLC boosted its stake in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after acquiring an additional 27 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on INTU. KeyCorp decreased their price target on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Stifel Nicolaus reduced their target price on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, February 27th. BNP Paribas Exane decreased their target price on Intuit from $600.00 to $340.00 and set an “underperform” rating for the company in a research report on Monday, February 23rd. Finally, Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and upped their price target for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $634.26.

Intuit Price Performance

INTU opened at $439.96 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $121.67 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 1.77 and a beta of 1.27. The firm’s fifty day moving average price is $482.31 and its two-hundred day moving average price is $599.82. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its 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 fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio is presently 31.09%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insider Activity

In other news, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the transaction, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. The trade was a 0.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 120,501 shares of company stock worth $79,983,892. Corporate 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.