Mitsubishi UFJ Asset Management Co. Ltd. Buys 34,601 Shares of Intuit Inc. $INTU

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Intuit by 6.0% in Q4, buying 34,601 shares to hold 615,469 shares (about 0.22% of the company) valued at roughly $387.4 million.
• Intuit reported a strong quarter, beating estimates with $4.15 EPS (vs. $3.68 expected) and $4.65 billion in revenue (up 17.4% year‑over‑year), and provided Q3 and FY2026 EPS guidance.
• Despite the earnings beat, the stock is down ~35% over the past year and trading below its 200‑day moving average; analysts’ consensus is a "Moderate Buy" (average target ~$636.10) and the company pays a $1.20 quarterly dividend (≈1.2% yield).

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 615,469 shares of the software maker's stock after purchasing an additional 34,601 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.22% of Intuit worth $387,438,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of INTU. Joseph Group Capital Management bought a new position in Intuit in the 4th quarter valued at about $25,000. MTM Investment Management LLC lifted its holdings in shares of Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker's stock worth $32,000 after acquiring an additional 27 shares during the period. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intuit during the 3rd quarter worth approximately $33,000. Richardson Financial Services Inc. boosted its position in shares of Intuit by 70.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker's stock worth $35,000 after acquiring an additional 21 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its stake in Intuit by 54.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker's stock valued at $36,000 after acquiring an additional 19 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company's stock.

Intuit Trading Down 2.1%

NASDAQ INTU opened at $398.32 on Wednesday. The company has a market cap of $110.16 billion, a price-to-earnings ratio of 25.80, a price-to-earnings-growth ratio of 1.64 and a beta of 1.04. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The business's fifty day moving average is $415.20 and its 200 day moving average is $535.89.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period last year, the company earned $3.32 earnings per share. The business's quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, sell-side analysts expect that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit's dividend payout ratio (DPR) is 31.09%.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director directly owned 13,253 shares of the company's stock, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen cut Intuit from a "buy" rating to a "hold" rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft decreased their price target on Intuit from $850.00 to $600.00 and set a "buy" rating on the stock in a research note on Friday, February 27th. Truist Financial began coverage on Intuit in a report on Tuesday, January 6th. They set a "buy" rating and a $739.00 price target for the company. UBS Group reduced their price objective on Intuit from $725.00 to $440.00 and set a "neutral" rating on the stock in a research note on Friday, February 27th. Finally, Northcoast Research upgraded Intuit from a "neutral" rating to a "buy" rating and set a $575.00 target price on the stock in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Intuit currently has an average rating of "Moderate Buy" and an average target price of $636.10.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Brokerage consensus remains constructive — the average recommendation is roughly a Buy/“Moderate Buy,” which helps cap downside and supports investor confidence. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Coverage is debating whether the stock is attractive after a ~35% one‑year decline — the piece lays out both the potential valuation opportunity and the risks that still exist. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall
• Neutral Sentiment: Short-term price action has shown occasional rebounds (recent close previously reported up ~2%), indicating intermittent buying even as broader concerns persist. Intuit (INTU) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Operational news is low impact: an article on QuickBooks Enterprise support and a small TurboTax retail lease are positive for the franchise but unlikely to move the stock materially. Intuit QuickBooks Enterprise Support: Expert Help for Your Business Intuit TurboTax Signs 2.5K-SF Retail Lease at One Willoughby Square
• Neutral Sentiment: Be cautious about conflating similarly named firms: a recent press item about “Intuitive.ai” gaining AWS competency refers to a different company and is not material to Intuit Inc.’s fundamentals. Intuitive.ai achieves AWS Data and Analytics Competency as Enterprises Reassess the Foundations of AI
• Negative Sentiment: Valuation and technical headwinds: the stock is still well below its 200‑day moving average and has fallen ~35% in the past year — factors that weigh on momentum and can keep downward pressure until growth visibility improves.
• Negative Sentiment: Analyst ratings may be blunt instruments — several articles note that average broker recommendations can be overly optimistic; if fundamentals or guidance slip, upside could be limited despite the “Buy” consensus. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?

About Intuit

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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.