Lombard Odier Asset Management Switzerland SA Has $3.81 Million Holdings in Intuit Inc. $INTU

Lombard Odier Asset Management Switzerland SA trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 36.6% in the 1st quarter, Holdings Channel reports. The fund owned 8,816 shares of the software maker’s stock after selling 5,100 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Intuit were worth $3,812,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rakuten Investment Management Inc. raised its position in Intuit by 522.3% in the fourth quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock worth $34,852,000 after purchasing an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp raised its position in Intuit by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after purchasing an additional 471,451 shares during the last quarter. Vestcor Inc raised its holdings in shares of Intuit by 79.1% in the fourth quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after buying an additional 9,148 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Intuit by 119.5% in the first quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after acquiring an additional 47,148 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in Intuit by 13.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock worth $39,728,000 after buying an additional 6,999 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Performance

INTU stock opened at $296.33 on Monday. Intuit Inc. has a one year low of $252.84 and a one year high of $813.70. The stock has a market cap of $81.06 billion, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company has a fifty day moving average price of $293.64 and a two-hundred day moving average price of $391.92. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period last year, the business posted $11.65 earnings per share. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were paid a $1.20 dividend. The ex-dividend date was Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. Intuit’s dividend payout ratio is 29.07%.

Insider Buying and Selling

In other Intuit news, Director Vasant M. Prabhu bought 1,250 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares of the company’s stock, valued at $386,812.50. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,239 shares of company stock worth $348,354. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on INTU shares. Susquehanna cut their target price on shares of Intuit from $550.00 to $427.00 and set a “positive” rating on the stock in a research report on Monday, July 20th. Northcoast Research reduced their target price on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. TD Cowen reduced their price target on shares of Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Bank of America started coverage on Intuit in a research report on Wednesday, May 27th. They set a “buy” rating and a $400.00 price objective for the company. Finally, Wolfe Research restated an “outperform” rating and set a $400.00 target price on shares of Intuit in a report on Thursday, May 21st. Twenty-one research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $468.84.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit highlighted its AI roadmap for surgical care at the Society of Robotic Surgery conference, including a framework built on data from more than 20 million da Vinci procedures and a live telesurgery demonstration. The message reinforces Intuit’s long-term innovation story and could help investor confidence around future product capabilities. Article Title
• Positive Sentiment: The company also launched a business credit card that syncs with QuickBooks, which supports ecosystem expansion and could deepen customer adoption across Intuit’s small-business platform. Article Title
• Neutral Sentiment: Analysts are still looking for double-digit earnings growth in Intuit’s upcoming quarterly report, suggesting investors are watching closely for confirmation of continued momentum. Article Title
• Negative Sentiment: Multiple law firms announced or promoted securities fraud class-action claims against Intuit, alleging misstatements about TurboTax growth, revenue outlook, and pricing issues. These legal actions are a clear drag on sentiment and may be pressuring the stock. Article Title
• Negative Sentiment: Additional lawsuits and deadline reminders around the September 8 lead-plaintiff date keep the litigation overhang in focus, adding uncertainty for investors. Article Title

Intuit 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.