193,777 Shares in Intuit Inc. $INTU Acquired by Korea Investment CORP

Korea Investment CORP acquired a new position in Intuit Inc. (NASDAQ:INTU) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 193,777 shares of the software maker’s stock, valued at approximately $50,576,000. Korea Investment CORP owned 0.07% of Intuit at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Joseph Group Capital Management acquired a new position in Intuit in the fourth quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Intuit during the fourth quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Intuit during the third quarter valued at approximately $33,000. Birchwood Financial Partners Inc. bought a new stake in Intuit during the fourth quarter worth $33,000. Finally, Sankala Group LLC purchased a new stake in Intuit in the 4th quarter valued at $40,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Stock Up 0.4%

NASDAQ:INTU traded up $1.45 during trading hours on Monday, reaching $359.51. 1,842,109 shares of the company traded hands, compared to its average volume of 4,382,581. The business’s 50-day moving average price is $307.36 and its two-hundred day moving average price is $356.13. The stock has a market capitalization of $98.34 billion, a P/E ratio of 21.79, a P/E/G ratio of 0.92 and a beta of 0.97. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $705.08. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts predict that Intuit Inc. will post 23.07 earnings per share for the current year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a dividend of $1.38 per share. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Intuit’s dividend payout ratio (DPR) is presently 33.45%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on INTU shares. Susquehanna cut their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating on the stock in a research report on Wednesday, August 26th. UBS Group set a $370.00 price target on Intuit in a research report on Thursday. Wolfe Research cut Intuit from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, August 26th. Stifel Nicolaus set a $300.00 price objective on Intuit in a report on Wednesday, August 26th. Finally, TD Cowen restated a “buy” rating on shares of Intuit in a research note on Tuesday, August 18th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Intuit presently has a consensus rating of “Hold” and an average price target of $434.68.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,146 shares of company stock valued at $662,666 in the last quarter. 2.49% of the stock is owned by company insiders.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

About Intuit

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.