7,609 Shares in Intuit Inc. $INTU Acquired by Meiji Yasuda America Inc

Meiji Yasuda America Inc acquired a new position in Intuit Inc. (NASDAQ:INTU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 7,609 shares of the software maker’s stock, valued at approximately $5,040,000. Intuit comprises approximately 1.2% of Meiji Yasuda America Inc’s investment portfolio, making the stock its 29th largest position.

Several other institutional investors have also recently bought and sold shares of the stock. Nuveen LLC raised its position in Intuit by 20.5% in the 4th quarter. Nuveen LLC now owns 2,465,130 shares of the software maker’s stock worth $1,632,951,000 after purchasing an additional 419,941 shares during the last quarter. Xponance LLC raised its position in Intuit by 0.6% in the 4th quarter. Xponance LLC now owns 71,235 shares of the software maker’s stock worth $47,188,000 after purchasing an additional 419 shares during the last quarter. Canopy Partners LLC raised its position in Intuit by 9.9% in the 4th quarter. Canopy Partners LLC now owns 477 shares of the software maker’s stock worth $316,000 after purchasing an additional 43 shares during the last quarter. IFM Investors Pty Ltd raised its position in Intuit by 2.5% in the 4th quarter. IFM Investors Pty Ltd now owns 58,593 shares of the software maker’s stock worth $38,813,000 after purchasing an additional 1,415 shares during the last quarter. Finally, SmartHarvest Portfolios LLC bought a new position in Intuit in the 4th quarter worth approximately $815,000. Institutional investors own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Royal Bank Of Canada dropped their price objective on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. HSBC dropped their price objective on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Freedom Capital cut shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. TD Cowen dropped their target price on shares of Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, Argus dropped their target price on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Twenty-four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average price target of $514.58.

Intuit Price Performance

Shares of INTU stock opened at $276.91 on Friday. Intuit Inc. has a 12-month low of $273.27 and a 12-month high of $813.70. The firm has a market capitalization of $75.75 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 1.04 and a beta of 0.98. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average of $366.58 and a 200-day moving average of $475.39.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating 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 company had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the previous year, the business earned $11.65 EPS. The firm’s revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, equities research analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. Intuit’s payout ratio is 29.07%.

Insider Buying and Selling at Intuit

In other news, Director Vasant M. Prabhu purchased 1,250 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $309.45 per share, with a total value of $386,812.50. Following the acquisition, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares of the company’s stock, valued at $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. 2.49% of the stock is owned by insiders.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit said it raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more flexibility for capital needs. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Coverage and commentary continue to point to solid fundamentals, including strong revenue growth in online business solutions and articles arguing the stock may now be a value opportunity after its selloff. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the growth story but is not likely to move the stock sharply on its own. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s quarterly earnings call transcript drew attention, but the provided item does not add new details beyond the recent results and guidance already known to investors. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Two insider sales by director Richard L. Dalzell, both done under a pre-arranged 10b5-1 plan, can still weigh on sentiment because investors often view insider selling as a caution signal. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple reports highlighted an ongoing investigation and investor-alert activity tied to Intuit’s pricing practices, which may be pressuring the stock as legal and regulatory overhang. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also continued to focus on skepticism around AI monetization, competitive disruption, and the impact of new debt and cost-cutting efforts, reinforcing concerns behind the recent stock decline. Intuit slid amid market skepticism over AI monetization and disruption

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.