American Century Companies Inc. Has $77.49 Million Stock Position in Intuit Inc. $INTU

American Century Companies Inc. reduced its stake in shares of Intuit Inc. (NASDAQ:INTU) by 21.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,464 shares of the software maker’s stock after selling 31,050 shares during the quarter. American Century Companies Inc.’s holdings in Intuit were worth $77,490,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Tortoise Investment Management LLC increased its holdings in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after purchasing an additional 27 shares during the period. Westside Investment Management Inc. grew its position in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after buying an additional 21 shares in the last quarter. Sagard Holdings Management Inc. bought a new position in Intuit during the second quarter valued at about $28,000. True Wealth Design LLC raised its holdings in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after acquiring an additional 27 shares in the last quarter. Finally, Total Investment Management Inc. bought a new stake in shares of Intuit in the 2nd quarter worth approximately $33,000. 83.66% of the stock is owned by institutional investors.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build secure, industry‑specific AI agents for mid‑market businesses — a strategic move that leverages Intuit’s financial data and could support product stickiness and revenue expansion. Intuit Anthropic AI Pact Tests Growth Story For Mid Market Investors
• Positive Sentiment: Coverage highlighting Intuit’s long AI investment and data moat argues the company is positioning to survive competitive “SaaSpocalypse” pressures by partnering with the likes of OpenAI and Anthropic — a narrative that supports confidence in long‑term growth. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Positive Sentiment: Analyst and media pieces (including a Motley Fool buy idea) are promoting INTU as a beaten‑up growth name that may be attractive after the recent pullback — this can draw bargain hunters and momentum buyers. Got $1,000? 2 Stocks to Buy in March While They’re On Sale
• Neutral Sentiment: A recent Morgan Stanley TMT conference presentation transcript provides management commentary and detail that investors can use to reassess guidance and execution but it hasn’t produced a clear market catalyst by itself. INTU Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/flow signals have been noted in market commentary (a “power inflow” trading signal recently), which likely contributed to short‑term buying interest. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Multiple brokerages cut price targets (TD Cowen, Mizuho, RBC, Oppenheimer, BMO, UBS, JPMorgan, Deutsche, Citigroup, etc.), signaling reduced analyst conviction on near‑term valuation and contributing to selling pressure. TD Cowen Adjusts Price Target on Intuit
• Negative Sentiment: Short interest rose sharply (reported ~40% increase), which increases downside pressure and volatility risk if fundamentals disappoint or guidance is trimmed. Short Interest in Intuit Inc. Rises By 40.0%
• Negative Sentiment: Analysis of the recent drawdown notes a large P/E contraction (~50x to ~27x) and a 35–40% slide from late 2025 highs — reminders that valuation reset and macro/interest‑rate concerns remain key downside risks. Intuit’s 40% Slide: What Went Wrong?

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on INTU. BNP Paribas Exane lowered their price objective on Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a research report on Monday, February 23rd. Stifel Nicolaus lowered their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. The Goldman Sachs Group dropped their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Wolfe Research cut their price target on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Finally, TD Cowen lowered their price objective on Intuit from $658.00 to $633.00 and set a “buy” rating on the stock in a research note on Monday. Twenty-three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $656.62.

Insider Activity at Intuit

In other news, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the transaction, the director directly owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. This represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were 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. This trade represents a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 344,596 shares of company stock valued at $227,352,014. Insiders own 2.49% of the company’s stock.

Intuit Stock Up 3.4%

NASDAQ INTU opened at $433.35 on Wednesday. The stock’s 50 day simple moving average is $516.16 and its 200 day simple moving average is $612.68. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70. The firm has a market cap of $119.84 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business’s revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, sell-side analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is presently 31.09%.

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.