Intuit Inc. $INTU Holdings Trimmed by Asset Management One Co. Ltd.

Key Points

• Asset Management One reduced its Intuit stake by 4.3%, selling 5,607 shares and retaining 124,363 shares valued at approximately $34.3 million. Institutional investors still own 83.66% of Intuit.
• Intuit reported quarterly EPS of $4.03, beating estimates of $3.58, while revenue rose 13.7% year over year to $4.35 billion. The company guided to fiscal 2027 EPS of $22.88–$23.12.
• The stock opened at $328.19, well below its 52-week high of $682.27. Analysts hold a consensus “Hold” rating with an average price target of $431.55, while Intuit raised its quarterly dividend to $1.38 per share.

Asset Management One Co. Ltd. reduced its stake in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 4.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 124,363 shares of the software maker's stock after selling 5,607 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Intuit were worth $34,288,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Intuit in the 2nd quarter worth about $6,851,859,000. Arrowstreet Capital Limited Partnership increased its position in shares of 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 buying an additional 1,972,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of 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 buying an additional 215,814 shares during the period. Unisphere Establishment raised its stake in Intuit by 6.5% in the first quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker's stock worth $782,608,000 after buying an additional 110,000 shares in the last quarter. Finally, Amundi raised its stake in Intuit by 44.9% in the first quarter. Amundi now owns 1,563,158 shares of the software maker's stock worth $675,878,000 after buying an additional 484,602 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a broader rollout of Intuit Intelligence, including AI-powered tools designed to connect businesses, accountants and financial data across QuickBooks, TurboTax, Mailchimp and other products. The platform expansion could support higher customer engagement, productivity gains and longer-term revenue growth. Intuit Expands Intelligence Platform to Power the Next Era of Accounting Firm and Business Growth
• Positive Sentiment: The company also introduced specialized AI capabilities for accountants, nonprofits and manufacturers, reinforcing its strategy of using automation to expand its addressable market and improve the value of its financial software. Intuit Unveils Custom Financial AI Tools for Nonprofits and Manufacturers
• Positive Sentiment: Analysts expect double-digit earnings-per-share growth in the upcoming first quarter. That outlook, combined with Intuit’s recently reported earnings and revenue beat, provides a fundamental reason for investors to remain constructive ahead of the release. What You Need To Know Ahead of Intuit's Earnings Release
• Neutral Sentiment: INTU has become a heavily searched and discussed stock. One valuation-focused analysis argues that Intuit is a high-quality business trading at a substantial discount, while noting that investors should weigh execution and growth risks before buying. Intuit: A Quality Business Trading At A Steep Discount
• Negative Sentiment: Another analysis downgraded Intuit from “buy,” arguing that the shares may not be attractive immediately despite a longer-term bullish view. The concern is that investors may need clearer evidence of AI monetization and sustained growth. Intuit: I Am Long, But It's Not A Buy Now
• Negative Sentiment: Commentary following the AI announcements questions whether the growth opportunity is already priced into INTU after a strong recent rebound, particularly as the stock remains significantly weaker over the longer term. Intuit Following AI Rollout, Is The Growth Story Already Priced In

Intuit Price Performance

Shares of INTU opened at $328.19 on Thursday. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $682.27. The firm's 50-day simple moving average is $320.42 and its two-hundred day simple moving average is $365.44. The stock has a market cap of $87.70 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period last year, the business earned $2.75 earnings per share. The business's revenue was up 13.7% on a year-over-year basis. 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 anticipate that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were given a dividend of $1.38 per share. This is a boost from Intuit's previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. Intuit's dividend payout ratio is 33.45%.

Analyst Ratings Changes

INTU has been the subject of several research analyst reports. UBS Group restated a "neutral" rating on shares of Intuit in a report on Friday, September 18th. TD Cowen reiterated a "hold" rating and set a $346.00 target price on shares of Intuit in a report on Friday, September 18th. Weiss Ratings reissued a "sell (d+)" rating on shares of Intuit in a research report on Tuesday, September 8th. Royal Bank Of Canada reissued an "outperform" rating and issued a $385.00 target price on shares of Intuit in a research report on Friday, October 2nd. Finally, KeyCorp set a $400.00 target price on Intuit in a research note on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $431.55.

Insider Buying and Selling

In other Intuit news, CAO Lauren Hotz sold 907 shares of Intuit stock in a transaction on Thursday, August 27th. The stock was 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 owned 1,628 shares in the company, valued at approximately $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the transaction, the director owned 11,531 shares of the company's stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is owned by company insiders.

Intuit Company 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.

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