Canada Post Corp Registered Pension Plan Raises Stock Holdings in Intuit Inc. $INTU

Canada Post Corp Registered Pension Plan raised its stake in shares of Intuit Inc. (NASDAQ:INTU) by 31.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 33,310 shares of the software maker’s stock after acquiring an additional 7,878 shares during the period. Intuit makes up approximately 0.8% of Canada Post Corp Registered Pension Plan’s holdings, making the stock its 22nd biggest position. Canada Post Corp Registered Pension Plan’s holdings in Intuit were worth $22,065,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. GW&K Investment Management LLC lifted its stake in shares of Intuit by 8.6% in the third quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock worth $138,000 after buying an additional 16 shares in the last quarter. Betterment LLC lifted its stake in shares of Intuit by 2.1% in the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after buying an additional 16 shares in the last quarter. Cannell & Spears LLC lifted its stake in shares of Intuit by 0.4% in the third quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock worth $2,641,000 after buying an additional 16 shares in the last quarter. Crawford Investment Counsel Inc. lifted its stake in shares of Intuit by 4.7% in the third quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock worth $257,000 after buying an additional 17 shares in the last quarter. Finally, Value Partners Investments Inc. lifted its stake in shares of Intuit by 0.4% in the fourth quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock worth $2,629,000 after buying an additional 17 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The shares were 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 $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.49% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on INTU. Rothschild & Co Redburn raised shares of Intuit from a “neutral” rating to a “buy” rating and raised their price target for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. Daiwa Securities Group decreased their price target on shares of Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. KeyCorp cut their price objective on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Guggenheim set a $633.00 target price on shares of Intuit in a research note on Monday, March 16th. Finally, Wall Street Zen downgraded shares of Intuit from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and an average target price of $634.26.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investor sentiment is improving around INTU’s valuation after a year of share-price weakness, with a new article arguing the stock may be oversold and potentially attractive for long-term buyers. Is Intuit Stock Oversold Now, Finally Making It a Buy?
• Positive Sentiment: Coverage ahead of Q3 earnings highlights that Wall Street will be watching Intuit’s key metrics closely, which can reinforce expectations that the company continues to post double-digit growth and may deliver another solid quarter. Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Positive Sentiment: Intuit also drew attention for expanding its Enterprise Suite with AI-powered automation and analytics, signaling continued product innovation that could support mid-market growth and future recurring revenue. Intuit Expands Enterprise Suite With AI: Will It Boost Growth?

Intuit Price Performance

Shares of INTU stock opened at $393.00 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The firm’s 50-day moving average is $413.60 and its two-hundred day moving average is $521.20. Intuit Inc. has a 12 month low of $342.11 and a 12 month high of $813.70. The company has a market capitalization of $108.68 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 1.58 and a beta of 1.04.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the firm earned $3.32 earnings per share. Intuit’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Analysts predict that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

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.