Central Bank & Trust Co. Decreases Stock Holdings in Intuit Inc. $INTU

Central Bank & Trust Co. lessened its stake in Intuit Inc. (NASDAQ:INTU) by 7.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,616 shares of the software maker’s stock after selling 828 shares during the period. Intuit accounts for approximately 1.0% of Central Bank & Trust Co.’s investment portfolio, making the stock its 28th largest holding. Central Bank & Trust Co.’s holdings in Intuit were worth $6,567,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in INTU. Princeton Global Asset Management LLC boosted its holdings in shares of Intuit by 65.2% in the 3rd quarter. Princeton Global Asset Management LLC now owns 6,803 shares of the software maker’s stock valued at $4,646,000 after buying an additional 2,686 shares in the last quarter. Bath Savings Trust Co boosted its stake in Intuit by 2.1% in the third quarter. Bath Savings Trust Co now owns 50,973 shares of the software maker’s stock valued at $34,810,000 after acquiring an additional 1,071 shares in the last quarter. Voya Investment Management LLC grew its holdings in Intuit by 20.6% in the third quarter. Voya Investment Management LLC now owns 378,576 shares of the software maker’s stock worth $258,366,000 after purchasing an additional 64,625 shares during the last quarter. Addenda Capital Inc. increased its position in shares of Intuit by 42.9% during the third quarter. Addenda Capital Inc. now owns 33,931 shares of the software maker’s stock worth $23,172,000 after purchasing an additional 10,180 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of Intuit by 5.9% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 9,794 shares of the software maker’s stock valued at $6,688,000 after purchasing an additional 543 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on INTU shares. Stifel Nicolaus dropped their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. UBS Group cut their price objective 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 reiterated an “outperform” rating and issued a $850.00 target price on shares of Intuit in a research note on Friday, November 21st. JPMorgan Chase & Co. cut their price target on shares of Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Finally, KeyCorp lowered their price objective on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average price target of $796.60.

Intuit Stock Performance

INTU opened at $671.46 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The firm has a 50 day moving average of $657.99 and a two-hundred day moving average of $702.09. The firm has a market capitalization of $186.85 billion, a PE ratio of 45.90, a P/E/G ratio of 2.74 and a beta of 1.27.

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

Intuit Announces Dividend

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

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year Circle partnership: Intuit will integrate USDC/stablecoin infrastructure into TurboTax, QuickBooks, Credit Karma and Mailchimp to enable faster settlements, lower costs and programmable money rails — a strategic move that can deepen platform stickiness and unlock new payment flows. Intuit & Circle Team Up for Smarter Money Movement With Stablecoins
• Positive Sentiment: Market reaction: coverage and sector peers (e.g., Circle/CRCL) climbed on the deal, and analysts/market writeups note INTU’s move as credible product innovation that could accelerate payments volume and lower backend costs. Intuit & Circle Stocks Jump on New Stablecoin Collaboration
• Positive Sentiment: Brand and consumer product momentum: Intuit launched the next phase of its “Now This Is Taxes” campaign tying TurboTax and Credit Karma with AI and expert services — supports user acquisition and monetization for consumer-facing rails that could leverage the new stablecoin functionality. Intuit’s Consumer Platform Powers the Future of Tax Filing
• Neutral Sentiment: Strategic analysis: commentators note stablecoins could deepen Intuit’s moat but warn the company’s high valuation leaves less room for execution missteps — strategic upside tempered by elevated multiples. As Intuit Jumps Into Stablecoin Business, Should You Buy, Sell, Or Hold INTU Stock?
• Neutral Sentiment: Positive long‑term takes: some fintech stock screens and coverage list INTU as a top fintech buy for 2026 based on platform scale and hedge fund interest — supportive context but not immediate catalysts. Is Intuit the Best FinTech Stock to Buy in 2026?
• Negative Sentiment: Analyst price‑target cut: Wolfe Research trimmed its INTU target, signaling some analyst skepticism on near‑term upside and valuation resilience after recent strategic updates. Wolfe Research Cuts Intuit Price Target
• Negative Sentiment: Guidance/margin caution: coverage highlights investor sensitivity to softer margin guidance and the need for execution on AI and payments initiatives; if costs rise or adoption of stablecoin rails is slower than expected, stock downside is possible. How Investors May Respond To Intuit AI Partnership Progress And Softer Margin Guidance

Insider Activity

In other Intuit news, CFO Sandeep Aujla sold 1,170 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. The trade was a 47.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the sale, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 270,897 shares of company stock valued at $177,368,310 in the last quarter. 2.49% of the stock is currently owned by company insiders.

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.