Knights of Columbus Asset Advisors LLC Has $10.42 Million Stake in Intuit Inc. $INTU

Knights of Columbus Asset Advisors LLC lifted its position in shares of Intuit Inc. (NASDAQ:INTU) by 57.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 15,258 shares of the software maker’s stock after purchasing an additional 5,562 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Intuit were worth $10,420,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Intuit by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock worth $21,823,625,000 after buying an additional 377,657 shares during the period. State Street Corp boosted its position in shares of Intuit by 1.0% during the 2nd quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock valued at $10,022,059,000 after purchasing an additional 125,990 shares in the last quarter. Geode Capital Management LLC grew its stake in Intuit by 1.8% during the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock worth $5,042,107,000 after purchasing an additional 115,721 shares during the period. Norges Bank acquired a new position in Intuit in the second quarter valued at approximately $3,268,830,000. Finally, Invesco Ltd. grew its position in shares of Intuit by 13.2% during the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock worth $2,745,492,000 after buying an additional 407,078 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intuit in a research report on Thursday, January 22nd. Daiwa Capital Markets increased their price objective on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. BMO Capital Markets decreased their target price on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Truist Financial initiated coverage on Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target on the stock. Finally, Independent Research set a $875.00 price objective on Intuit in a research note on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $791.73.

Intuit Trading Down 6.6%

NASDAQ INTU opened at $502.98 on Friday. Intuit Inc. has a 12 month low of $491.72 and a 12 month high of $813.70. The firm has a market capitalization of $139.96 billion, a P/E ratio of 34.38, a PEG ratio of 2.20 and a beta of 1.25. The business has a fifty day simple moving average of $628.53 and a 200 day simple moving average of $670.30. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28.

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

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is 32.81%.

Insider Activity

In other news, 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 owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 388,464 shares of company stock worth $255,514,393 in the last three months. Insiders own 2.49% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its AI-driven tax and hiring capabilities, rolling out TurboTax Stores and integrations with Checkr — moves that could increase customer engagement, drive services revenue, and deepen recruitment workflows. Intuit Expands AI Tax And Hiring Platform With TurboTax Stores And Checkr
• Positive Sentiment: Intuit unveiled a Career Pipeline Program aimed at building a steady talent pipeline for roles across its businesses — a potential long?term benefit for operating efficiency and product delivery. Intuit reveals Career Pipeline Program
• Neutral Sentiment: Intuit set a date to report Q2 FY2026 results on Feb. 26 (quarter ends Jan. 31). That earnings release and the conference call will be the next major catalyst that could move the stock. Intuit to Announce Second-Quarter Fiscal Year 2026 Results on Feb. 26
• Neutral Sentiment: Marketing efforts, such as a TurboTax campaign with NYC designers to spotlight small?business creativity, are brand?building but unlikely to move near?term fundamentals. Intuit TurboTax Taps NYC Designers To Spotlight the Art of Business
• Neutral Sentiment: Analyst and investor commentary is drawing attention to Intuit right now, providing context but not a clear directional signal ahead of earnings. Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Shares have hit a 52?week low, signaling increased selling pressure and weaker investor sentiment; that technical weakness can accelerate outflows and further price declines. Intuit stock hits 52-week low at 510.0 USD
• Negative Sentiment: Market coverage notes Intuit is falling more than the broader market today, reflecting valuation concerns, sector rotation, and investor caution ahead of results. Intuit (INTU) dips more than broader market: What you should know

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.