Barings LLC Has $1.89 Million Position in Intuit Inc. $INTU

Barings LLC increased its stake in shares of Intuit Inc. (NASDAQ:INTU) by 914.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,760 shares of the software maker’s stock after acquiring an additional 2,488 shares during the quarter. Barings LLC’s holdings in Intuit were worth $1,885,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INTU. Norges Bank bought a new position in shares of Intuit during the 2nd quarter worth about $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new position in Intuit during the 1st quarter worth approximately $785,564,000. Winslow Capital Management LLC bought a new position in Intuit in the second quarter worth approximately $782,677,000. Vanguard Group Inc. grew its stake in Intuit by 3.3% in the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after acquiring an additional 914,024 shares during the period. Finally, Swedbank AB increased its holdings in shares of Intuit by 575.4% during the third quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock valued at $602,023,000 after acquiring an additional 751,027 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 388,464 shares of company stock valued at $255,514,393 over the last quarter. Corporate insiders own 2.49% of the company’s stock.

Intuit Trading Down 0.3%

NASDAQ:INTU opened at $380.55 on Friday. Intuit Inc. has a 52 week low of $375.40 and a 52 week high of $813.70. The firm has a 50-day moving average price of $554.54 and a two-hundred day moving average price of $630.99. 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 firm has a market cap of $105.90 billion, a price-to-earnings ratio of 26.01, a price-to-earnings-growth ratio of 1.56 and a beta of 1.24.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period last year, the company posted $2.50 earnings per share. Intuit’s quarterly revenue was up 18.3% compared to the same quarter last year. On average, equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Launched a consumer-facing TurboTax/Uber push — Intuit rolled out a campaign with Uber Advertising to connect taxpayers with in-person help and introduced a “done-for-you” TurboTax experience that pairs AI and human experts, which should help user acquisition and engagement for tax season. Intuit Inc. (INTU) Launched a New Campaign with Uber Advertising
• Positive Sentiment: Product expansion into construction via AI-driven ERP — Intuit launched a Construction Edition for its Enterprise Suite aimed at the $2T construction market, signaling meaningful TAM expansion and enterprise monetization potential. Intuit Targets $2 Trillion Construction Market With New AI Suite
• Positive Sentiment: Street support from a major analyst — Morgan Stanley’s Keith Weiss reiterated a Buy and kept an $880 price target, reinforcing a bullish long-term thesis around Intuit’s tax moat and policy/AI tailwinds. Intuit (INTU): Durable Tax Moat, Mispriced AI Risk…
• Positive Sentiment: Opinion pieces pushing back on AI panic — Commentary arguing that AI fears have been overblown may limit further downside as investors reassess long-term revenue resilience. Intuit’s $100B Panic: Premature AI Death Call
• Neutral Sentiment: Sector context — A rally in some beaten-down software names after encouraging AI commentary (e.g., RingCentral, Five9) provides an industry tailwind that could help sentiment for INTU. Beaten-down software stocks RingCentral and Five9 rally…
• Neutral Sentiment: Earnings calendar focus — Intuit is slated to report next week; previews and scheduled reports keep the name in flux as traders position into the print. Intuit (INTU) Projected to Post Earnings on Thursday
• Neutral Sentiment: Recent price action noted by market commentary — coverage pointing to short-term gains in prior sessions; useful context but not a driver by itself. Intuit (INTU) Laps the Stock Market: Here’s Why
• Negative Sentiment: Earnings-beat skepticism — One preview noted Intuit may lack the ideal setup to deliver an earnings beat next week, which can fuel short-term selling if results or guidance disappoint. Intuit (INTU) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Reported rise in short-interest (data appeared inconsistent) — Notes of increased short interest can amplify volatility; even if the published figures were noisy, perception of growing bearish bets can pressure the stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on INTU. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. BMO Capital Markets lowered their price objective on shares of Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Intuit in a report on Wednesday, January 28th. Mizuho set a $675.00 target price on shares of Intuit in a research report on Thursday. Finally, KeyCorp dropped their price target on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Twenty-two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average price target of $768.96.

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.