Park Avenue Securities LLC Boosts Stock Position in Intuit Inc. $INTU

Park Avenue Securities LLC boosted its position in Intuit Inc. (NASDAQ:INTU) by 18.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,467 shares of the software maker’s stock after purchasing an additional 2,508 shares during the quarter. Park Avenue Securities LLC’s holdings in Intuit were worth $11,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC raised its position in shares of Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after buying an additional 27 shares during the last quarter. Westside Investment Management Inc. grew its stake in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares during the period. Dogwood Wealth Management LLC raised its holdings in Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares during the last quarter. Sagard Holdings Management Inc. acquired a new position in Intuit in the 2nd quarter valued at $28,000. Finally, True Wealth Design LLC lifted its stake in shares of Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after purchasing an additional 27 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Truist initiated coverage with a “buy” and $739 price target, signaling upside versus current levels and likely attracting buyer interest and institutional flows. Truist Initiates on Intuit
• Positive Sentiment: Recent analysis argues Intuit’s fundamentals keep improving (accelerating margins and recurring revenue from QuickBooks, TurboTax, and payments), supporting premium valuation in spite of being “expensive.” This boosts confidence in longer‑term earnings power. Intuit Is Expensive, But The Business Keeps Getting Better
• Positive Sentiment: Coverage grouping profitable software names highlights winners that combine margin expansion with growth — a narrative that favors Intuit as a high‑quality, cash‑generative software business amid a market rotation toward profitability. These 5 Software Stocks Prove Profitability Beats Growth in 2026
• Positive Sentiment: Intuit announced a quarterly dividend (record/ex‑date timing noted), providing a small income yield and reinforcing cash return to shareholders — a modest supportive factor for investor sentiment. MarketBeat Intuit Overview
• Neutral Sentiment: Seasonal coverage of TurboTax reminds investors of predictable tax‑season revenue spikes; useful context ahead of results but not an immediate new catalyst. Intuit TurboTax 2026
• Neutral Sentiment: Pieces showing strong long‑term shareholder returns and recent outperformance describe momentum but add limited new fundamental information for an intraday move. $1000 Invested In Intuit 10 Years Ago
• Negative Sentiment: CFO Sandeep Aujla sold 1,335 shares (~71% reduction in his direct holding) in early January (disclosed on Form 4). Insider sales can be read negatively by traders even if they’re for diversification or personal reasons, and they likely contributed some downward pressure on sentiment. Intuit CFO Sells Stock

Insider Buying and Selling

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Scott D. Cook sold 1,402 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the sale, the director owned 5,668,182 shares of the company’s stock, valued at $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 347,464 shares of company stock valued at $228,860,293 in the last quarter. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on INTU shares. Independent Research set a $875.00 target price on Intuit in a research note on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Cowen started coverage on shares of Intuit in a report on Wednesday. They set a “buy” rating on the stock. Wells Fargo & Company lowered their target price on shares of Intuit from $880.00 to $840.00 and set an “overweight” rating for the company in a report on Friday, November 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 price target on shares of Intuit in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $794.92.

Intuit Stock Up 0.6%

Shares of Intuit stock opened at $651.15 on Thursday. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70. The stock has a market cap of $181.20 billion, a price-to-earnings ratio of 44.51, a price-to-earnings-growth ratio of 2.65 and a beta of 1.25. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average price of $656.82 and a 200 day moving average price of $692.45.

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

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

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.