Flossbach Von Storch SE Acquires New Holdings in Intuit Inc. $INTU

Flossbach Von Storch SE acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 336,713 shares of the software maker’s stock, valued at approximately $87,882,000. Flossbach Von Storch SE owned approximately 0.12% of Intuit at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after buying an additional 296,448 shares in the last quarter. BlackRock Inc. purchased a new position in Intuit in the 2nd quarter worth $6,851,859,000. State Street Corp raised its holdings in Intuit by 1.4% during the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after buying an additional 180,069 shares during the last quarter. Geode Capital Management LLC raised its holdings in Intuit by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock valued at $4,369,488,000 after buying an additional 87,451 shares during the last quarter. Finally, Morgan Stanley raised its holdings in Intuit by 1.2% during the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after buying an additional 60,910 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Insider Activity at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,146 shares of company stock worth $662,666. Company insiders own 2.49% of the company’s stock.

Intuit Stock Performance

NASDAQ INTU traded up $1.34 on Monday, reaching $359.40. 1,871,193 shares of the stock were exchanged, compared to its average volume of 4,382,581. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08. The firm has a market capitalization of $98.31 billion, a PE ratio of 21.78, a PEG ratio of 0.92 and a beta of 0.97. The company’s 50-day simple moving average is $307.36 and its two-hundred day simple moving average is $356.13. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter last year, the business earned $2.75 EPS. The firm’s revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts expect that Intuit Inc. will post 23.07 EPS for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio (DPR) is 33.45%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on INTU shares. Morgan Stanley reduced their price objective on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 26th. Susquehanna decreased their price target on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research note on Wednesday, August 26th. Wells Fargo & Company cut their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 26th. BNP Paribas Exane cut their price objective on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $434.68.

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.