Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $42.96 Million Stock Position in Intuit Inc. $INTU

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Intuit Inc. (NASDAQ:INTU) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,852 shares of the software maker’s stock after selling 2,133 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Intuit were worth $42,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Guinness Atkinson Asset Management Inc lifted its stake in shares of Intuit by 5.8% in the fourth quarter. Guinness Atkinson Asset Management Inc now owns 9,348 shares of the software maker’s stock worth $6,302,000 after buying an additional 509 shares during the last quarter. Edgemoor Investment Advisors Inc. lifted its stake in shares of Intuit by 65.5% in the fourth quarter. Edgemoor Investment Advisors Inc. now owns 3,321 shares of the software maker’s stock worth $2,200,000 after buying an additional 1,314 shares during the last quarter. Catalyst Capital Advisors LLC raised its stake in Intuit by 7.0% during the 4th quarter. Catalyst Capital Advisors LLC now owns 613 shares of the software maker’s stock valued at $406,000 after purchasing an additional 40 shares during the last quarter. Norges Bank acquired a new position in Intuit during the 4th quarter valued at $3,058,407,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Intuit during the 4th quarter valued at $71,403,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bank of America reportedly reinstated a Buy rating on Intuit, which can help support sentiment and signal that Wall Street still sees long-term value in the shares.
• Positive Sentiment: Intuit expanded Mailchimp AI tools and integrations, including Analytics AI and connections with platforms like Shopify, Canva, Wix, WooCommerce, and Claude, reinforcing the company’s AI growth narrative and small-business software momentum. Article: Intuit Expands Mailchimp AI Tools And Integrations For Small Business Growth
• Positive Sentiment: Commentary highlighting how Intuit is overcoming fears of AI disruption may reassure investors that AI is acting more as a tailwind than a threat to its core software franchises. Article: Here’s How Intuit (INTU) is Overcoming the Fears of AI Disruption
• Neutral Sentiment: Articles comparing Intuit vs. PayPal frame INTU as a strong fintech/software contender, but they are more of an industry comparison than a direct catalyst. Article: Intuit vs. PayPal: Which Fintech Stock Is the Better Buy Now?
• Neutral Sentiment: Intuit is also getting more analyst and investor attention after its earnings call and recent coverage, but these items mainly keep the stock in focus rather than changing the fundamental story.
• Negative Sentiment: Multiple law firms and a securities-fraud investigation were announced, alleging possible pricing-related issues and false or misleading statements. That legal pressure could weigh on the shares and keep volatility elevated. Article: INTU Securities News: Intuit Investigated for Securities Fraud Over Pricing Issues
• Negative Sentiment: Argus lowered its price target on Intuit to $480 from $580 after the company reduced guidance, suggesting some near-term caution despite keeping a Buy rating.

Intuit Trading Up 5.9%

Shares of Intuit stock opened at $331.53 on Friday. The firm has a market capitalization of $90.69 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 1.26 and a beta of 1.04. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The company’s fifty day moving average price is $390.41 and its two-hundred day moving average price is $498.50. Intuit Inc. has a 52-week low of $300.50 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, analysts expect that Intuit Inc. will post 17.64 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s payout ratio is 29.07%.

Insider Buying and Selling at Intuit

In other news, Director Vasant M. Prabhu bought 500 shares of the stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $309.71 per share, with a total value of $154,855.00. Following the acquisition, the director owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on INTU shares. Oppenheimer cut their target price on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Mizuho cut their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research note on Tuesday. HSBC cut their target price on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Daiwa Securities Group cut their target price on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Jefferies Financial Group cut their target price on shares of Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $525.65.

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.