Milford Funds Ltd. Invests $112.23 Million in Intuit Inc. $INTU

Milford Funds Ltd. bought a new position in shares of Intuit Inc. (NASDAQ:INTU) in the fourth quarter, Holdings Channel reports. The firm bought 169,427 shares of the software maker’s stock, valued at approximately $112,232,000. Intuit accounts for 2.2% of Milford Funds Ltd.’s investment portfolio, making the stock its 14th largest position.

A number of other institutional investors have also modified their holdings of INTU. GW&K Investment Management LLC increased its holdings in shares of Intuit by 8.6% in the 3rd quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock valued at $138,000 after acquiring an additional 16 shares during the last quarter. Betterment LLC increased its holdings in shares of Intuit by 2.1% in the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after acquiring an additional 16 shares during the last quarter. Cannell & Spears LLC increased its holdings in shares of Intuit by 0.4% in the 3rd quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock valued at $2,641,000 after acquiring an additional 16 shares during the last quarter. Crawford Investment Counsel Inc. grew its stake in Intuit by 4.7% during the 3rd quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock worth $257,000 after buying an additional 17 shares during the last quarter. Finally, Value Partners Investments Inc. grew its stake in Intuit by 0.4% during the 4th quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock worth $2,629,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Trading Down 0.1%

Shares of NASDAQ INTU opened at $276.73 on Friday. Intuit Inc. has a 12 month low of $268.01 and a 12 month high of $813.70. The company has a market cap of $75.70 billion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 1.02 and a beta of 0.98. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $363.60 and a 200-day simple moving average of $474.00.

Intuit (NASDAQ:INTU) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business posted $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Sell-side analysts predict that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director directly owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the transaction, the director directly owned 1,250 shares of the company’s stock, valued at $386,812.50. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 2.49% of the stock is currently owned by insiders.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

Wall Street Analysts Forecast Growth

INTU has been the subject of a number of recent research reports. Royal Bank Of Canada lowered their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. The Goldman Sachs Group cut Intuit from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $519.00 to $276.00 in a research note on Tuesday, June 2nd. Citigroup decreased their price target on Intuit from $649.00 to $591.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. HSBC cut their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Finally, Barclays cut their price objective on Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Twenty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $514.58.

Intuit Company 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.