Generate Investment Management Ltd Takes Position in Intuit Inc. $INTU

Generate Investment Management Ltd acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the third quarter, HoldingsChannel.com reports. The fund acquired 43,777 shares of the software maker’s stock, valued at approximately $29,896,000. Intuit accounts for 1.5% of Generate Investment Management Ltd’s portfolio, making the stock its 20th biggest position.

Other hedge funds have also made changes to their positions in the company. Ascent Group LLC raised its holdings in shares of Intuit by 48.9% in the 3rd quarter. Ascent Group LLC now owns 3,177 shares of the software maker’s stock worth $2,170,000 after purchasing an additional 1,044 shares during the period. Great Diamond Partners LLC grew its position in shares of Intuit by 16.2% during the third quarter. Great Diamond Partners LLC now owns 2,227 shares of the software maker’s stock worth $1,521,000 after buying an additional 310 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Intuit by 17.3% in the third quarter. Sivia Capital Partners LLC now owns 1,039 shares of the software maker’s stock worth $710,000 after buying an additional 153 shares during the last quarter. Weaver Capital Management LLC grew its position in shares of Intuit by 9.2% in the 3rd quarter. Weaver Capital Management LLC now owns 1,231 shares of the software maker’s stock worth $841,000 after acquiring an additional 104 shares in the last quarter. Finally, Diversified Trust Co raised its stake in Intuit by 42.6% during the 3rd quarter. Diversified Trust Co now owns 10,242 shares of the software maker’s stock valued at $6,994,000 after acquiring an additional 3,058 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rehmann (a mid?market advisory/accounting firm) has partnered with Intuit to deploy its AI?native ERP solutions for midsize clients — a sign of enterprise adoption that can expand Intuit’s addressable market and recurring SaaS revenue if rollout scales. Rehmann Teams with Intuit to Provide Services Using AI-native ERP Software Platform
• Neutral Sentiment: Street consensus remains constructive: analysts give Intuit an average recommendation of “Moderate Buy” — supports longer?term growth expectations but contains no major catalyst by itself. Intuit Inc. Given Average Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Cultural/community news (Intuit’s art museum show) surfaced but is unlikely to affect fundamentals or near?term share movement. Intuit Art Museum Showcases Self-Taught Artists
• Negative Sentiment: Director Scott D. Cook sold 75,000 INTU shares (?$673.43 avg price) in a block trade disclosed to the SEC — insider selling can be read negatively by traders even though Cook still holds a large position; monitor for any follow?on selling or explanation in filings. SEC Form 4: Scott D. Cook Sale

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This represents a 2.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director directly owned 5,744,584 shares in the company, valued at $3,868,575,203.12. The trade was a 1.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 345,897 shares of company stock valued at $227,875,560. 2.49% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

INTU has been the subject of a number of research reports. Rothschild & Co Redburn raised their target price on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research report on Friday, November 21st. Finally, BMO Capital Markets lowered their price target on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Intuit currently has an average rating of “Moderate Buy” and a consensus target price of $796.60.

Intuit Stock Performance

NASDAQ:INTU opened at $669.79 on Wednesday. The firm has a market capitalization of $186.38 billion, a PE ratio of 45.78, a PEG ratio of 2.76 and a beta of 1.27. Intuit Inc. has a 1 year low of $532.65 and a 1 year high of $813.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The firm’s fifty day simple moving average is $660.09 and its 200 day simple moving average is $696.75.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, sell-side analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio is currently 32.81%.

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.