Banco Bilbao Vizcaya Argentaria S.A. Acquires 6,356 Shares of Intuit Inc. $INTU

Key Points

• BBVA raised its stake in Intuit by 10%, adding 6,356 shares to hold 69,667 shares valued at about $47.6 million, amid overall institutional ownership of 83.66%.
• Mixed financial signals: Intuit beat the quarter with $4.15 EPS and $4.65B revenue (up 17.4% YoY) but issued profit guidance below Street estimates, triggering a post‑earnings pullback and varied analyst responses.
• Strategic outlook and risks: A multi‑year partnership with Anthropic and recent analyst upgrades bolster Intuit’s AI roadmap, while notable insider selling and a modest 1.1% dividend yield add near‑term uncertainty.

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 10.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,667 shares of the software maker's stock after acquiring an additional 6,356 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Intuit were worth $47,642,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker's stock worth $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. State Street Corp grew its holdings in Intuit by 1.0% during the 2nd quarter. State Street Corp now owns 12,724,323 shares of the software maker's stock valued at $10,022,059,000 after buying an additional 125,990 shares in the last quarter. Norges Bank bought a new stake in shares of Intuit during the second quarter valued at approximately $3,268,830,000. Invesco Ltd. lifted its holdings in shares of Intuit by 7.8% in the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker's stock worth $2,565,810,000 after buying an additional 271,407 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker's stock worth $1,365,640,000 after buying an additional 1,295,199 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company's stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on INTU shares. Susquehanna cut their target price on shares of Intuit from $819.00 to $720.00 and set a "positive" rating for the company in a research note on Tuesday, February 24th. Evercore restated an "outperform" rating and set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Scotiabank set a $575.00 target price on Intuit in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft decreased their target price on Intuit from $850.00 to $600.00 and set a "buy" rating on the stock in a research report on Friday, February 27th. Finally, Rothschild & Co Redburn raised Intuit from a "neutral" rating to a "buy" rating and increased their price target for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $634.26.

Intuit Stock Performance

Intuit stock opened at $439.96 on Friday. The company's 50-day moving average price is $482.31 and its 200-day moving average price is $600.26. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The company has a market cap of $121.67 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating analysts' consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the firm earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit's dividend payout ratio (DPR) is presently 31.09%.

Insider Buying and Selling

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the firm's stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares of the company's stock, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 120,501 shares of company stock worth $79,983,892 in the last 90 days. Company insiders own 2.49% of the company's stock.

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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