Intuit Inc. $INTU Position Lifted by DUTCH ASSET Corp

Key Points

• DUTCH ASSET Corp increased its Intuit stake by 76.9% in the third quarter to 17,730 shares valued at approximately $4.9 million. Institutional investors collectively own 83.66% of Intuit.
• Intuit exceeded quarterly expectations, reporting $4.03 EPS and $4.35 billion in revenue, with revenue up 13.7% year over year. The company issued fiscal 2027 EPS guidance of $22.88–$23.12.
• Analyst sentiment is mixed, with a consensus “Hold” rating and average price target of $431.55, while Intuit raised its quarterly dividend from $1.20 to $1.38 per share, a 1.6% annual yield.

DUTCH ASSET Corp boosted its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 76.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,730 shares of the software maker's stock after purchasing an additional 7,706 shares during the quarter. Intuit comprises approximately 2.3% of DUTCH ASSET Corp's portfolio, making the stock its 11th biggest holding. DUTCH ASSET Corp's holdings in Intuit were worth $4,888,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of INTU. XXEC Inc. bought a new position in shares of Intuit in the 2nd quarter worth $436,740,000. BlackRock Inc. purchased a new stake in shares of Intuit during the 2nd quarter valued at $6,851,859,000. Corient Private Wealth LP bought a new stake in shares of Intuit during the 2nd quarter worth $40,545,000. Bank of America Corp DE bought a new stake in shares of Intuit during the 2nd quarter worth $589,841,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Intuit during the 2nd quarter worth $564,592,000. 83.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on INTU shares. Susquehanna cut their target price on shares of Intuit from $427.00 to $415.00 and set a "positive" rating for the company in a research report on Wednesday, August 26th. BMO Capital Markets restated an "outperform" rating on shares of Intuit in a research report on Monday, September 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $530.00 to $425.00 and set a "buy" rating on the stock in a research report on Wednesday, August 19th. UBS Group reaffirmed a "neutral" rating on shares of Intuit in a research note on Friday, September 18th. Finally, Barclays cut their price objective on Intuit from $443.00 to $408.00 and set an "overweight" rating for the company in a report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Intuit currently has an average rating of "Hold" and an average price target of $431.55.

Insider Activity

In other news, Director Richard L. Dalzell sold 285 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director directly owned 11,531 shares of the company's stock, valued at approximately $3,751,726.16. This trade represents a 2.41% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value 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. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.49% of the company's stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched Credit Karma Tax, offering free federal tax filing, faster refunds and AI-powered financial assistance. The service could increase engagement across Credit Karma and create additional opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
• Positive Sentiment: Investor attention also remains focused on Intuit’s planned acquisition of Sequence, an AI-native revenue-management platform. The deal is intended to automate complex billing workflows and strengthen Intuit’s mid-market enterprise-resource-planning offerings, supporting its broader AI growth strategy. Intuit to Acquire Sequence
• Positive Sentiment: Intuit expanded its partnership with accounting firm Aprio to accelerate AI-powered advisory and accounting services for mid-market businesses. Separately, Intuit’s global rollout of Intuit Intelligence is adding automation, reporting and workflow tools to QuickBooks and Accountant Suite, reinforcing the company’s effort to monetize AI across its installed base. Aprio Broadens Its AI-Powered Advisory Partnership with Intuit
• Neutral Sentiment: Credit Karma revenue grew 20% to $2.64 billion in fiscal 2026, but analysts noted that personal loans and credit cards still account for most of the segment’s business. Insurance and other offerings could diversify growth, although tighter lending standards remain a risk. Can Credit Karma Grow Beyond the Lending Cycle?
• Positive Sentiment: Wall Street’s consensus price target implies roughly 26% potential upside, while upward earnings-estimate revisions provide an additional near-term catalyst. Analysts caution that price targets alone are not reliable predictors. Wall Street Analysts Think Intuit Could Surge 26.36%

Intuit Trading Up 3.0%

INTU stock opened at $335.29 on Wednesday. The company has a market capitalization of $89.60 billion, a PE ratio of 20.32, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Intuit Inc. has a one year low of $252.84 and a one year high of $689.17. The company's 50 day moving average price is $320.96 and its two-hundred day moving average price is $326.52. 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 announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion during the quarter, compared to analysts' expectations of $4.27 billion. During the same quarter in the prior year, the company earned $2.75 EPS. The firm'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. As a group, analysts predict that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were paid a $1.38 dividend. This is a boost from Intuit's previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 8th. Intuit's payout ratio is presently 33.45%.

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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