Caisse de depot et placement du Quebec Invests $112.37 Million in Intuit Inc. $INTU

Caisse de depot et placement du Quebec acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 430,537 shares of the software maker’s stock, valued at approximately $112,370,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after acquiring an additional 482 shares during the period. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit during the first quarter valued at $785,564,000. Sivia Capital Partners LLC lifted its holdings in shares of Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares during the period. Finally, Florida Financial Advisors LLC lifted its holdings in shares of Intuit by 12.2% during the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after purchasing an additional 51 shares during the period. Institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,239 shares of company stock valued at $348,354. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Citigroup decreased their price objective on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a report on Thursday, August 13th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $304.00 target price on shares of Intuit in a report on Wednesday. Daiwa Securities Group reduced their price target on Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $605.00 to $331.00 in a research note on Wednesday. Finally, KeyCorp set a $400.00 price objective on Intuit in a research report on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $434.35.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal fourth-quarter revenue of $4.35 billion, up 13.7% year over year and above the $4.27 billion consensus estimate. Adjusted EPS of $4.03 also exceeded expectations of roughly $3.58-$3.59. Credit Karma revenue rose 16%, while Global Business Solutions revenue increased 14%. Intuit Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: The board approved a 15% increase in the quarterly dividend to $1.38 per share, payable October 16, and Intuit repurchased approximately $5.5 billion of stock during fiscal 2026. Intuit Board Declares New Quarterly Cash Dividend

Intuit Stock Performance

Shares of Intuit stock opened at $345.88 on Thursday. The business has a 50-day simple moving average of $303.91 and a 200 day simple moving average of $357.37. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $94.61 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 1.12 and a beta of 0.97.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.75% and a net margin of 21.29%.The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the company earned $2.75 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, research analysts anticipate that Intuit Inc. will post 21.06 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio (DPR) is 29.07%.

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.