B. Metzler seel. Sohn & Co. AG Invests $6.55 Million in Intuit Inc. $INTU

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 25,081 Intuit shares in the second quarter, valued at approximately $6.55 million. Institutional investors own 83.66% of the company.
• Intuit exceeded quarterly earnings expectations, reporting $12.80 in EPS and $8.56 billion in revenue, with revenue up 10.4% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $451.26.
• The outlook remains mixed: analysts cite growth potential from TurboTax, Credit Karma and QuickBooks, while others express valuation and AI-related concerns. Intuit also faces a securities-fraud class-action lawsuit alleging misstatements about its tax business and TurboTax growth.

B. Metzler seel. Sohn & Co. AG acquired a new position in Intuit Inc. (NASDAQ:INTU - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 25,081 shares of the software maker's stock, valued at approximately $6,546,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oxford Financial Group LTD. LLC bought a new position in shares of Intuit in the second quarter worth $257,000. Portfolio Design Labs LLC purchased a new stake in shares of Intuit in the 2nd quarter valued at about $251,000. Hara Capital LLC bought a new stake in shares of Intuit during the 2nd quarter valued at about $399,000. Advisors Capital Management LLC purchased a new position in shares of Intuit during the second quarter worth about $301,000. Finally, Tejara Capital Ltd purchased a new position in Intuit during the second quarter valued at $2,589,000. 83.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit’s TurboTax, Credit Karma and QuickBooks businesses remain central to the bullish case. Analysts say the company is building a year-round consumer financial platform and using cross-selling to increase engagement and average revenue per user. Intuit Consumer Flywheel Gains: Can Cross-Selling Sustain Higher ARPU?
• Positive Sentiment: Some analysts see potential for an upside earnings surprise, citing valuation compression, raised guidance and continued momentum in Intuit’s key growth engines. Bank of America maintained a Buy rating and a $400 price target, supporting investor confidence before the report. Intuit: Resilient Growth Drivers and Attractive Valuation Support Buy Rating
• Neutral Sentiment: Options-oriented coverage highlights the possibility of generating income by selling calls against existing INTU shares. The strategy may provide an attractive yield but limits upside if the stock rises above the option’s strike price. Get Paid 16% A Year To Hold INTU Stock You Already Own
• Neutral Sentiment: Wall Street’s outlook is mixed ahead of earnings. Piper Sandler reaffirmed an Underweight rating, while another valuation update reduced its fair-value estimate from $488.17 to $449.20, reflecting concerns about growth expectations, valuation and potential artificial-intelligence risks. Piper Sandler Reaffirms Underweight Rating for Intuit
• Negative Sentiment: Several law firms are publicizing a securities-fraud class action against Intuit and certain officers. The lawsuit alleges that the company made material misstatements or omissions about the strength of its tax-related business and TurboTax growth disclosures. Investors face a September 8 deadline to seek lead-plaintiff status. The legal claims are allegations and could create reputational, financial and investor-confidence risks. Intuit Securities Fraud Class Action Deadline Alert

Intuit Stock Performance

Shares of NASDAQ:INTU opened at $367.00 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market cap of $100.39 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 1.14 and a beta of 0.97. The firm's 50 day simple moving average is $299.09 and its 200-day simple moving average is $359.96. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08.

Intuit (NASDAQ:INTU - Get Free Report) last announced 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 return on equity of 25.18% and a net margin of 21.91%.The company had revenue of $8.56 billion for the quarter, compared to analysts' expectations of $8.54 billion. During the same quarter in the prior year, the firm earned $11.65 earnings per share. Intuit's revenue was up 10.4% compared to the same quarter last year. As a group, equities analysts predict that Intuit Inc. will post 18.19 EPS for the current year.

Insider Activity

In related news, Director Richard L. Dalzell sold 284 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the transaction, the director owned 11,758 shares of the company's stock, valued at $3,084,358.56. The trade was a 2.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the transaction, the director directly owned 1,750 shares in the company, valued at approximately $541,992.50. This represents a 40.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 1,239 shares of company stock valued at $348,354 over the last 90 days. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Northcoast Research reduced their price objective on Intuit from $575.00 to $465.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. Evercore reiterated an "outperform" rating on shares of Intuit in a research note on Tuesday. Erste Group Bank raised shares of Intuit to a "hold" rating in a research report on Monday, April 27th. Citigroup lowered their price objective on Intuit from $591.00 to $457.00 and set a "buy" rating on the stock in a research report on Thursday, August 13th. Finally, HSBC decreased their price target on Intuit from $897.00 to $707.00 and set a "buy" rating for the company in a research note on Friday, May 22nd. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $451.26.

Intuit Company 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.

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