UMB Bank n.a. Sells 1,027 Shares of Intuit Inc. $INTU

UMB Bank n.a. trimmed its stake in shares of Intuit Inc. (NASDAQ:INTU) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,175 shares of the software maker’s stock after selling 1,027 shares during the period. UMB Bank n.a.’s holdings in Intuit were worth $25,387,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Intuit in the second quarter worth $3,268,830,000. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the first quarter worth about $785,564,000. Winslow Capital Management LLC purchased a new position in Intuit in the second quarter worth about $782,677,000. Swedbank AB grew its stake in shares of Intuit by 575.4% during the 3rd quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock valued at $602,023,000 after purchasing an additional 751,027 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Intuit by 520.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 558,499 shares of the software maker’s stock valued at $381,405,000 after purchasing an additional 468,547 shares during 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: Mizuho reiterated an Outperform rating and an $875 price target, calling AI-related tax?filing worries overblown and defending Intuit’s moat — a bullish analyst anchor that can support a recovery. Mizuho Calls AI Tax Filing Worries Overblown for Intuit (INTU)
• Positive Sentiment: Intuit expanded its AI tax and hiring capabilities — adding TurboTax Stores and integrations with Checkr — which highlights product-led revenue levers and cross?sell opportunities across TurboTax, QuickBooks and Credit Karma. Intuit Expands AI Tax And Hiring Platform With TurboTax Stores And Checkr
• Neutral Sentiment: Management scheduled Q2 FY2026 results for Feb. 26 (quarter ended Jan. 31); upcoming results and guidance will be the next major catalyst. Intuit to Announce Second-Quarter Fiscal Year 2026 Results on Feb. 26
• Neutral Sentiment: Intuit posted a shareholder/analyst call slideshow that may provide extra detail ahead of earnings; useful for parsing near?term revenue mix and margin assumptions. Intuit Inc. (INTU) Shareholder/Analyst Call – Slideshow
• Negative Sentiment: A market commentary pointed out Intuit is down ~24% so far in 2026, noting the company still guides to double?digit fiscal?2026 growth but at a slower pace than last year — a growth?multiple compression driver. Intuit Stock Is Down 24% Already In 2026. Time to Buy?
• Negative Sentiment: Shares hit a 52?week low amid the selloff, reflecting elevated investor concern and lower near?term sentiment — increases downside risk if next quarter’s results or guide miss expectations. Intuit stock hits 52-week low at 510.0 USD
• Negative Sentiment: Media coverage noted INTU dipping more than the broader market, amplifying momentum selling and short?term technical pressure. Intuit (INTU) dips more than broader market: What you should know

Insiders Place Their Bets

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction 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 transaction, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 388,464 shares of company stock valued at $255,514,393 in the last 90 days. 2.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on INTU shares. KeyCorp dropped their price objective on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Independent Research set a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. UBS Group set a $739.00 price objective on shares of Intuit in a research report on Tuesday, January 6th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $700.00 target price (down from $840.00) on shares of Intuit in a report on Thursday, January 8th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Intuit in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $791.73.

Intuit Stock Down 0.8%

Shares of INTU stock opened at $498.92 on Friday. The company has a market capitalization of $138.83 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.05 and a beta of 1.25. Intuit Inc. has a one year low of $491.72 and a one year high of $813.70. The company’s fifty day moving average price is $625.24 and its 200-day moving average price is $667.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

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

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is 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.