Intuit Inc. $INTU Position Raised by Treasurer of the State of North Carolina

12 Dec 2025, 15:00 by Danessa Lincoln · The Markets Daily

Treasurer of the State of North Carolina boosted its position in Intuit Inc. (NASDAQ:INTU – Free Report) by 26.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 172,607 shares of the software maker’s stock after purchasing an additional 36,058 shares during the period. Treasurer of the State of North Carolina owned approximately 0.06% of Intuit worth $135,950,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Intuit by 1.4% during the second quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker’s stock valued at $21,823,625,000 after buying an additional 377,657 shares in the last quarter. State Street Corp raised its position in Intuit by 1.0% in the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock worth $10,022,059,000 after acquiring an additional 125,990 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Intuit by 7.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,018,770 shares of the software maker’s stock valued at $5,537,435,000 after acquiring an additional 649,212 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Intuit by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock valued at $5,042,107,000 after purchasing an additional 115,721 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Intuit by 6.8% during the 1st quarter. Wellington Management Group LLP now owns 5,655,249 shares of the software maker’s stock valued at $3,472,266,000 after purchasing an additional 358,328 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $676.01 on Friday. The company’s fifty day moving average is $657.12 and its two-hundred day moving average is $705.59. The company has a market cap of $188.11 billion, a P/E ratio of 46.21, a price-to-earnings-growth ratio of 2.71 and a beta of 1.27. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU – Get Free Report) last issued its 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. The business 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%.Intuit’s revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio is 32.81%.

Insider Buying and Selling

In related news, Director Scott D. Cook sold 74,095 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $655.78, for a total transaction of $48,590,019.10. Following the transaction, the director directly owned 5,819,584 shares of the company’s stock, valued at approximately $3,816,366,795.52. The trade was a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the sale, the chief financial officer owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. The trade was a 47.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 269,466 shares of company stock worth $176,407,397. 2.49% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms recently commented on INTU. UBS Group dropped their target price on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 price target on shares of Intuit in a report on Friday, November 21st. Wolfe Research reduced their price objective on Intuit from $900.00 to $870.00 in a research note on Friday, November 21st. BMO Capital Markets decreased their target price on Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Finally, Rothschild & Co Redburn upped their target price on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $798.20.

Read Our Latest Analysis on Intuit

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