Intuit Inc. $INTU Stake Decreased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its Intuit stake by 40.7% in the second quarter, selling 17,239 shares and retaining 25,081 shares valued at $6.55 million. Institutional investors collectively own 83.66% of the company.
• Intuit exceeded quarterly expectations with adjusted EPS of $4.03 and revenue of $4.35 billion, up 13.7% year over year. The company also raised its quarterly dividend from $1.20 to $1.38 per share, implying a 1.6% yield.
• Analyst sentiment remains mixed: the consensus rating is Hold with a $434.68 price target, while fiscal 2027 guidance points to slower growth of 9%–10% overall and just 2%–3% for TurboTax.

B. Metzler seel. Sohn & Co. AG cut its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 40.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,081 shares of the software maker's stock after selling 17,239 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Intuit were worth $6,546,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Birch Capital Management LLC boosted its holdings in shares of Intuit by 1,996.0% in the second quarter. Birch Capital Management LLC now owns 4,192 shares of the software maker's stock valued at $1,094,000 after acquiring an additional 3,992 shares in the last quarter. Natural Investments LLC grew its holdings in Intuit by 6.4% during the second quarter. Natural Investments LLC now owns 1,547 shares of the software maker's stock worth $403,000 after acquiring an additional 93 shares during the period. Symphony Financial Ltd. Co. grew its holdings in Intuit by 43.9% during the second quarter. Symphony Financial Ltd. Co. now owns 3,404 shares of the software maker's stock worth $906,000 after acquiring an additional 1,038 shares during the period. Investors Research Corp raised its position in Intuit by 10.2% in the second quarter. Investors Research Corp now owns 1,077 shares of the software maker's stock worth $281,000 after acquiring an additional 100 shares in the last quarter. Finally, Proficio Capital Partners LLC raised its position in Intuit by 481.4% in the second quarter. Proficio Capital Partners LLC now owns 2,814 shares of the software maker's stock worth $734,000 after acquiring an additional 2,330 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus set a $300.00 price objective on shares of Intuit in a research report on Wednesday, August 26th. Truist Financial dropped their target price on shares of Intuit from $350.00 to $300.00 and set a "hold" rating on the stock in a report on Wednesday, August 26th. UBS Group set a $370.00 target price on shares of Intuit in a research note on Thursday, August 27th. Royal Bank Of Canada reduced their target price on shares of Intuit from $600.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, May 21st. Finally, Daiwa Securities Group decreased their price target 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. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $434.68.

Insider Activity at Intuit

In other Intuit news, CAO Lauren D. Hotz sold 907 shares of the business's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer directly owned 1,628 shares of the company's stock, valued at $564,167.12. The trade was a 35.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction 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 owned 11,758 shares of the company's stock, valued at $3,084,358.56. The trade was a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 2,146 shares of company stock valued at $662,666. 2.49% of the stock is owned by insiders.

Intuit Price Performance

NASDAQ INTU opened at $344.30 on Friday. The stock's 50-day moving average price is $314.53 and its two-hundred day moving average price is $354.54. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. The company has a market cap of $94.18 billion, a PE ratio of 20.87, a PEG ratio of 0.98 and a beta of 0.98. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $705.08.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 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 analyst estimates of $4.27 billion. During the same period in the prior year, the firm earned $2.75 earnings per share. The business's quarterly 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. On average, analysts predict that Intuit Inc. will post 23.49 EPS for the current year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be given a $1.38 dividend. This is a boost from Intuit's previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. Intuit's payout ratio is currently 29.09%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors are increasingly viewing Intuit as a value opportunity after the sharp decline from its prior highs. Recent commentary highlighted the company’s solid fundamentals and potential upside if the stock eventually returns to its peak valuation. Forget AI Stocks: Buy This Tech Stock Now for Value and 130% Upside
• Positive Sentiment: Intuit’s fiscal 2026 results showed revenue growth of roughly 14%, while Credit Karma grew 20% and TurboTax grew 7%. The company also repurchased $5.5 billion of stock, has $7.9 billion remaining under its authorization, and raised its quarterly dividend 15% to $1.38 per share—supportive factors for the rebound. Intuit Gains as Investors Reassess Post-Earnings Selloff
• Positive Sentiment: Management scheduled an annual Investor Day for September 17. The event could provide additional detail on Intuit’s growth strategy, artificial-intelligence initiatives and its medium-term outlook, potentially helping stabilize investor expectations. Intuit to Host Annual Investor Day on September 17
• Neutral Sentiment: CFO Sandeep Aujla will present at the Goldman Sachs Communacopia + Technology Conference on September 10. Investors may look for updates on demand, TurboTax growth and the fiscal 2027 outlook. Intuit CFO Sandeep Aujla to Present at the Goldman Sachs Communacopia + Technology Conference
• Neutral Sentiment: KeyCorp’s published estimates call for approximately $23.06 in fiscal 2027 EPS and $26.84 in fiscal 2028 EPS, broadly consistent with current full-year expectations and indicating continued earnings growth, but not representing a new major forecast change. KeyCorp Intuit earnings estimates
• Negative Sentiment: Several law firms publicized a securities-fraud class action and a September 8 lead-plaintiff deadline. The complaints reportedly concern alleged misrepresentations about TurboTax growth prospects. The announcements do not establish wrongdoing, but they add legal and reputational overhang to the stock. Pomerantz Class Action Announcement
• Negative Sentiment: Fiscal 2027 guidance projects slower overall growth of 9% to 10%, with TurboTax growth of only 2% to 3%. That deceleration was the main reason for the earlier earnings-related pressure and remains a key risk despite the current recovery. Intuit Fiscal 2027 Outlook Analysis

Intuit 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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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