Intuit Inc. $INTU Stock Position Cut by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management cut its Intuit position by 14.9% in the third quarter, selling 112,385 shares and retaining 641,606 shares valued at approximately $176.9 million. Institutional investors collectively own 83.66% of Intuit.
• Intuit reported quarterly EPS of $4.03, exceeding estimates of $3.58, while revenue rose 13.7% year over year to $4.35 billion. The company also raised its quarterly dividend to $1.38 per share, equal to a 1.6% yield.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $431.55; Intuit’s broader growth strategy centers on AI initiatives, including Credit Karma Tax, the planned Sequence acquisition and expanded accounting partnerships.

Robeco Institutional Asset Management B.V. reduced its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 14.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 641,606 shares of the software maker's stock after selling 112,385 shares during the period. Robeco Institutional Asset Management B.V. owned 0.24% of Intuit worth $176,897,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in INTU. XXEC Inc. purchased a new position in shares of Intuit in the second quarter valued at approximately $436,740,000. BlackRock Inc. acquired a new position in Intuit in the 2nd quarter valued at $6,851,859,000. Corient Private Wealth LP acquired a new position in Intuit in the 2nd quarter valued at $40,545,000. Bank of America Corp DE acquired a new position in Intuit in the 2nd quarter valued at $589,841,000. Finally, Bank of New York Mellon Corp purchased a new position in Intuit in the 2nd quarter valued at $564,592,000. Institutional investors and hedge funds own 83.66% of the company's stock.

Insider Activity

In related news, CAO Lauren D. Hotz sold 907 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard L. Dalzell sold 285 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company's stock.

Trending Headlines about 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%

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. BMO Capital Markets reaffirmed an "outperform" rating on shares of Intuit in a research note on Monday, September 21st. Wells Fargo & Company dropped their target price on shares of Intuit from $360.00 to $300.00 and set an "equal weight" rating for the company in a report on Wednesday, August 26th. Truist Financial reiterated a "hold" rating and issued a $300.00 target price on shares of Intuit in a research report on Friday, September 18th. Morgan Stanley decreased their price target on shares of Intuit from $335.00 to $315.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $530.00 to $425.00 and set a "buy" rating for the company in a report on Wednesday, August 19th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intuit presently has a consensus rating of "Hold" and an average target price of $431.55.

Intuit Stock Up 3.0%

Shares of INTU opened at $335.29 on Wednesday. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $689.17. 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. The stock has a fifty day simple moving average of $320.96 and a two-hundred day simple moving average of $326.52. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU - Get Free Report) last announced 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 firm had revenue of $4.35 billion for the quarter, compared to analysts' expectations of $4.27 billion. During the same quarter in the previous year, the company posted $2.75 EPS. The company's revenue was up 13.7% compared to the same quarter last year. 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, equities analysts forecast that Intuit Inc. will post 23.02 EPS for the current year.

Intuit Increases Dividend

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

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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