Evergreen Capital Management 13F: Cuts Intuit (INTU) Stake by $6M

Evergreen Capital Management cut its stake in Intuit Inc. INTU by 21,738 shares during the quarter, bringing its total down to 26,648 shares. According to a Form 13F filing with the Securities and Exchange Commission on October 23, 2026, the value of the holding dropped to about $7.3 million.

INTU Intuit Inc.

$343.39 ▼ -44.68% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Evergreen Capital Management's Intuit Position

The fund trimmed its position by 44.9%, going from 48,386 shares down to 26,648 shares. The remaining stake held a value of $7,347,091 at the time of the report.

Other Institutional Activity in Intuit

Other large investors adjusted their holdings in the software maker around the same period. Wilmington Savings Fund Society trimmed its position by 5,910 shares to end with 21,241 shares valued at about $5.9 million. Fifth Third Wealth Advisors grew its holdings by 3,424 shares, finishing with 13,753 shares worth roughly $3.8 million. Meanwhile, FIL LTD lifted its stake by 3,225,579 shares for a 174.1% increase, ending with 5,077,870 shares valued at about $1.74 billion.

Intuit Inc. Stock Up 2.3%

Intuit shares recently traded around $343.36 as of October 24, 2026, close to the $343.39 finish recorded on the filing date of October 23, 2026. The stock sits above its 50-day moving average of $321.42 and below its 200-day moving average of $369.29. The share price remains well below its 52-week high of $689.17 while holding above its 52-week low of $252.84, and trades below the analyst consensus target mean price of $406.92.

Recent Earnings

Intuit generated $21.45 billion in trailing twelve-month revenue and earnings of $16.46 per share. The company reported a net profit margin of 21.3% and a return on equity of 23.6%, with its next earnings report scheduled for November 19, 2026.

Dividend

Intuit pays an annual dividend rate of $5.52 per share, yielding 1.56% with a payout ratio of 29.2%.

Insider Buying and Selling at Intuit Inc.

Company insiders executed share sales prior to the filing, including officer Lauren Dale Hotz selling 906 shares on August 27, 2026, and director Richard L. Dalzell selling 285 shares on September 8, 2026, at an average price of $325.36.

Analysts Set New Price Targets

Wall Street firms updated their views ahead of the filing, with Evercore ISI Group, Mizuho, and RBC Capital maintaining outperform ratings alongside Stifel and Truist Securities keeping hold ratings. Analysts hold a consensus buy rating on the stock with a mean price target of $406.92.

About Intuit

Intuit Inc. builds software products that help consumers and small businesses manage their finances, handle taxes, process payments, and run compliance tasks. Its tools support accounting and bookkeeping workflows for millions of users worldwide.

Bottom Line

Investors continue to monitor institutional portfolio adjustments alongside upcoming earnings scheduled for November 19, 2026.