Vontobel Holding Ltd. lowered its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 88.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,271 shares of the software maker’s stock after selling 594,148 shares during the period. Vontobel Holding Ltd.’s holdings in Intuit were worth $20,477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Intuit in the second quarter worth $6,851,859,000. Arrowstreet Capital Limited Partnership grew its stake in Intuit by 102.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after acquiring an additional 1,972,719 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Intuit by 6.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock valued at $870,260,000 after acquiring an additional 215,814 shares in the last quarter. Unisphere Establishment grew its stake in Intuit by 6.5% during the first quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock valued at $782,608,000 after acquiring an additional 110,000 shares in the last quarter. Finally, Amundi increased its holdings in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after acquiring an additional 484,602 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on the stock. Truist Financial reiterated a “hold” rating and issued a $300.00 price target on shares of Intuit in a research note on Friday, September 18th. Weiss Ratings reissued a “sell (d+)” rating on shares of Intuit in a report on Tuesday, September 8th. Barclays cut their price objective on Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a research report on Wednesday, August 26th. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $605.00 to $331.00 in a report on Wednesday, August 26th. Finally, UBS Group reiterated a “neutral” rating on shares of Intuit in a research report on Friday, September 18th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Intuit has a consensus rating of “Hold” and an average price target of $431.55.
Insider Transactions at Intuit
In other news, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the sale, the director directly owned 11,531 shares in the company, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.49% of the company’s stock.
Key Intuit News
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
- Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
- Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
- Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
- Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.
Intuit Trading Down 1.5%
INTU stock opened at $325.15 on Friday. The firm has a fifty day moving average price of $321.16 and a 200 day moving average price of $328.62. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $689.17. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. The firm has a market cap of $86.89 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. Intuit’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts anticipate that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.
Intuit Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were issued a $1.38 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. Intuit’s payout ratio is presently 33.45%.
Intuit Profile
Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.
The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.
Further Reading
- Five stocks we like better than Intuit
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
Receive News & Ratings for Intuit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuit and related companies with MarketBeat.com's FREE daily email newsletter.
