Coronation Fund Managers 13F: Adds $1.7M to Intuit (INTU) Stake

On October 27, 2026, Coronation Fund Managers boosted its stake in Intuit Inc. (INTU) by 6,284 shares, bringing its total holdings to 15,798 shares.

INTU Intuit Inc.

$339.89 ▼ -45.24% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Intuit Fits in Coronation Fund Managers' Portfolio

Coronation's position in Intuit now ranks 26th out of 49 positions in its portfolio, accounting for 0.25% of the total reported value of about $1.75 billion. This increase of 66.1% in shares shows a significant commitment to the company.

Other Institutional Activity in Intuit

Several other funds have adjusted their positions in Intuit recently. Wilmington Savings Fund Society reduced its stake by 5,910 shares, leaving it with 21,241 shares valued at about $5.86 million. Evergreen Capital Management cut back its holdings by 21,738 shares, now holding 26,648 shares worth approximately $7.35 million. Diversify Wealth Management also trimmed its position by 16,608 shares, ending with 8,742 shares valued at about $2.89 million.

Intuit Inc. Stock Down 4.4%

As of October 28, 2026, Intuit shares are trading around $328.41, which is about equal to the closing price of $328.45 on October 27. The stock is currently above its 50-day moving average by 2.3% but is below its 200-day average by 10.3%. The shares are down about 52.3% from their 52-week high of $689.17.

Recent Earnings

Intuit reported trailing twelve-month revenue of approximately $21.45 billion, with a year-over-year revenue growth of 13.7%. The company's net margin stands at 21.3%, and its return on equity is 23.6%. The next earnings report is expected on November 19, 2026.

Dividend

Intuit pays an annual dividend of $5.52 per share, resulting in a dividend yield of 1.62%. The company's dividend payout ratio is 29.2%, indicating a balanced approach to returning value to shareholders.

Analysts Set New Price Targets

On September 18, 2026, Evercore ISI Group and Mizuho both reiterated an "Outperform" rating for Intuit, maintaining price targets of $400 and $430, respectively. RBC Capital also reiterated its "Outperform" rating with a price target of $385 on October 2, 2026. The consensus recommendation for Intuit is a "buy," with a mean price target of approximately $407.76 based on 31 analyst opinions.

About Intuit

Intuit Inc. provides financial management and compliance products and services, primarily in the United States. The company operates in two segments: Global Business Solutions and Consumer, focusing on helping individuals and businesses manage their finances more effectively.

Bottom Line

With Coronation Fund Managers increasing its stake in Intuit, it will be interesting to see how the stock performs leading up to the next earnings report on November 19, 2026. Investors will also be watching for any further institutional moves in the coming quarters.