Edmond DE Rothschild Holding S.A. Takes Position in Intuit Inc. $INTU

Key Points

• Edmond DE Rothschild Holding acquired 4,177 Intuit shares worth approximately $1.09 million during the second quarter. Institutional investors collectively own 83.66% of the company.
• Analysts maintain a generally positive outlook, with 20 Buy, eight Hold and three Sell ratings, producing a “Moderate Buy” consensus and an average price target of $451.26. However, targets have been cut by several firms, while Piper Sandler remains notably bearish with a $250 target.
• Intuit’s latest quarterly results exceeded expectations, with $12.80 in adjusted EPS and $8.56 billion in revenue, up 10.4% year over year. Investors are also weighing growth in TurboTax, Credit Karma and QuickBooks against litigation concerns and pressure on the tax business.

Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,177 shares of the software maker's stock, valued at approximately $1,090,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of INTU. Joseph Group Capital Management purchased a new position in shares of Intuit during the 4th quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Intuit in the fourth quarter worth $25,000. MidFirst Bank purchased a new stake in shares of Intuit in the second quarter worth $28,000. HHM Wealth Advisors LLC boosted its stake in Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker's stock valued at $30,000 after buying an additional 30 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in Intuit during the first quarter valued at $30,000. Institutional investors own 83.66% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Citigroup reduced their target price on Intuit from $591.00 to $457.00 and set a "buy" rating for the company in a research report on Thursday, August 13th. Jefferies Financial Group dropped their price target on Intuit from $650.00 to $550.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. Wolfe Research reissued an "outperform" rating and set a $400.00 price objective on shares of Intuit in a report on Thursday, May 21st. Daiwa Securities Group decreased their price objective on shares of Intuit from $640.00 to $500.00 and set a "buy" rating on the stock in a research report on Wednesday, May 27th. Finally, Erste Group Bank raised shares of Intuit to a "hold" rating in a research note on Monday, April 27th. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $451.26.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts are focused on continued momentum in TurboTax Live, Credit Karma and QuickBooks heading into the July 2026 quarter. Strong customer growth, bookings and revenue trends in these businesses could support an earnings beat. Can Intuit's Key Growth Engines Power Strong Q4 Results?
• Positive Sentiment: Bank of America maintained a Buy rating and its $400 price target, citing Intuit’s durable growth drivers and attractive valuation. Other previews suggest compressed valuation, previously raised guidance and positive expectations could create room for an upside surprise. Intuit: Resilient Growth Drivers and Attractive Valuation Support Buy Rating
• Neutral Sentiment: Wall Street projections for revenue, earnings and key operating metrics will be important because investors are weighing growth against elevated expectations. The company’s actual results and forward guidance may determine whether the pre-earnings optimism holds. Insights Into Intuit Q4: Wall Street Projections for Key Metrics
• Negative Sentiment: Several law firms publicized a securities class action alleging that Intuit and certain executives misled investors about the sustainability of TurboTax growth and failed to disclose competitive and pricing pressures. The allegations have not been proven, but the repeated announcements increase headline and potential litigation risk; September 8 is cited as the lead-plaintiff deadline. Pomerantz Announces Class Action Against Intuit
• Negative Sentiment: Piper Sandler reaffirmed an Underweight rating and assigned a $250 price target, implying substantial downside from recent trading levels. This contrasts with more optimistic analyst views and underscores uncertainty surrounding Intuit’s tax business and valuation. Piper Sandler Intuit Rating

Intuit Trading Down 0.2%

NASDAQ INTU opened at $361.87 on Friday. 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 stock's 50-day simple moving average is $297.28 and its two-hundred day simple moving average is $359.91. Intuit Inc. has a twelve month low of $252.84 and a twelve month high of $705.08. The company has a market capitalization of $98.99 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 1.15 and a beta of 0.97.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $12.57 by $0.23. The firm had revenue of $8.56 billion during the quarter, compared to analysts' expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $11.65 EPS. Research analysts forecast that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Insider Activity at Intuit

In other 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 sale, the director directly 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 500 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average cost of $309.71 per share, with a total value of $154,855.00. Following the purchase, the director directly owned 1,750 shares in the company, valued at $541,992.50. This represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by insiders.

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.

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