Pittenger & Anderson Inc. Grows Holdings in Intuit Inc. $INTU

Pittenger & Anderson Inc. boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 301.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,887 shares of the software maker’s stock after purchasing an additional 5,921 shares during the period. Pittenger & Anderson Inc.’s holdings in Intuit were worth $5,386,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Sequoia Financial Advisors LLC grew its stake in shares of Intuit by 9.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 17,279 shares of the software maker’s stock valued at $13,609,000 after purchasing an additional 1,433 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in Intuit in the second quarter valued at about $1,733,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Intuit by 11.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 145,211 shares of the software maker’s stock valued at $99,166,000 after acquiring an additional 15,471 shares during the period. Wilmington Savings Fund Society FSB increased its stake in Intuit by 19.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 29,553 shares of the software maker’s stock valued at $20,182,000 after purchasing an additional 4,913 shares in the last quarter. Finally, Liberty One Investment Management LLC grew its stake in Intuit by 31.8% in the 3rd quarter. Liberty One Investment Management LLC now owns 9,635 shares of the software maker’s stock valued at $6,580,000 after acquiring an additional 2,326 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Trading Down 6.6%

Shares of INTU opened at $502.98 on Friday. Intuit Inc. has a one year low of $491.72 and a one year high of $813.70. The stock has a 50-day moving average price of $628.53 and a 200 day moving average price of $670.30. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market capitalization of $139.96 billion, a P/E ratio of 34.38, a P/E/G ratio of 2.20 and a beta of 1.25.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS 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 business’s revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were issued a $1.20 dividend. 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 payout ratio is currently 32.81%.

Insider Transactions at Intuit

In other news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the transaction, the director owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. This trade represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by corporate insiders.

More 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

Analyst Ratings Changes

INTU has been the subject of a number of recent research reports. Evercore ISI reissued an “outperform” rating and set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Truist Financial assumed coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price for the company. KeyCorp lowered their price target on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Intuit in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $791.73.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.