Intuit Inc. $INTU Shares Sold by Vontobel Holding Ltd.

Key Points

• Vontobel Holding sharply reduced its Intuit position by 88.9% in the third quarter, selling 594,148 shares and retaining 74,271 shares valued at approximately $20.5 million.
• Intuit reported stronger-than-expected quarterly results, with revenue rising 13.7% year over year to $4.35 billion and EPS of $4.03 versus the $3.58 consensus estimate. The company also increased its quarterly dividend to $1.38 per share, implying a 1.7% yield.
• Intuit shares were trading near $325, while analyst sentiment remained mixed: the stock carried an average “Hold” rating and a $431.55 average price target. Institutional investors owned 83.66% of outstanding shares, although recent insider activity was weighted toward sales.

Vontobel Holding Ltd. lessened its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 88.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 74,271 shares of the software maker's stock after selling 594,148 shares during the period. Vontobel Holding Ltd.'s holdings in Intuit were worth $20,477,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Intuit during the second quarter valued at approximately $6,851,859,000. Arrowstreet Capital Limited Partnership increased its holdings in 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in 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 last quarter. Unisphere Establishment raised its position 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 acquiring an additional 110,000 shares during the period. Finally, Amundi raised its position 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 acquiring an additional 484,602 shares during the period. Institutional investors own 83.66% of the company's stock.

Intuit Trading Down 1.5%

Intuit stock opened at $325.15 on Friday. The firm has a 50 day moving average of $321.16 and a 200 day moving average of $328.62. The firm has a market capitalization of $86.89 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 0.95 and a beta of 1.01. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $689.17. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share 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 business had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. The company's revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.75 earnings per share. 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, research analysts predict that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

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

Insiders Place Their Bets

In related news, 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 transaction of $92,727.60. Following the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the company's 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 directly owned 1,628 shares of the company's stock, valued at $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.49% of the stock is currently owned by insiders.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence
• Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally
• Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative.
• Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention
• Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on INTU shares. Barclays dropped their price target on shares of Intuit from $443.00 to $408.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lowered Intuit from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $605.00 to $331.00 in a research note on Wednesday, August 26th. UBS Group restated a "neutral" rating on shares of Intuit in a research note on Friday, September 18th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Intuit in a report on Tuesday, September 8th. Finally, Susquehanna lowered their target price on Intuit from $427.00 to $415.00 and set a "positive" rating on the stock in a research report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $431.55.

About Intuit

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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