Intuit Inc. $INTU Shares Acquired by Neuberger Berman Group LLC

Neuberger Berman Group LLC boosted its stake in Intuit Inc. (NASDAQ:INTU) by 1.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 617,763 shares of the software maker’s stock after purchasing an additional 5,994 shares during the quarter. Neuberger Berman Group LLC’s holdings in Intuit were worth $422,030,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of INTU. Norges Bank acquired a new position in shares of Intuit in the 2nd quarter valued at $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit during the 1st quarter worth $785,564,000. Winslow Capital Management LLC acquired a new stake in shares of Intuit during the 2nd quarter worth $782,677,000. Vanguard Group Inc. raised its position in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after buying an additional 914,024 shares during the period. Finally, Swedbank AB raised its position in shares of Intuit by 575.4% in the 3rd quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock worth $602,023,000 after buying an additional 751,027 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on INTU. Jefferies Financial Group set a $650.00 price target on Intuit in a research report on Sunday, February 22nd. Mizuho cut their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Royal Bank Of Canada reduced their price objective on Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. BMO Capital Markets dropped their target price on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Finally, Citigroup cut their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $642.32.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 earnings beat & guidance: Intuit reported a better‑than‑expected quarter (EPS and revenue beats, revenue +17% y/y) and set Q3/FY26 guidance that supports continued growth — this is the main fundamental driver for the rally. INTU Stock Rises 18.3% Post Q2 Earnings
• Positive Sentiment: Big AI partnership: Intuit announced a broad collaboration with Anthropic to build customizable AI agents for mid‑market customers — this supports product differentiation, upsell potential and the company’s AI-driven revenue narrative. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analyst upgrades & upside to price targets: Multiple firms raised or reiterated bullish ratings (Northcoast upgrade to Buy with $575 PT; Argus strong‑buy; the consensus analyst targets imply material upside), underpinning investor confidence. Finviz (Northcoast upgrade) Wall Street Analysts Predict a 33.67% Upside
• Positive Sentiment: Sector rotation into software: Broader flows have favored software this week vs. semiconductors, lifting beaten-down software names including Intuit and providing a momentum tailwind. Tech Rotation Swings Back Toward Software
• Neutral Sentiment: Momentum & valuation questions: The stock has had a sharp multi‑day run (Forbes notes a 7‑day +30% move), prompting debate over whether the rally is overextended vs. justified by fundamentals. Monitor near‑term profit‑taking risk. Is Intuit Stock Rally Overextended Or Just Getting Started?
• Neutral Sentiment: Earnings acceleration theme: Screens and analyst commentary highlight improving EPS revisions and acceleration metrics — bullish signal, but execution and AI monetization will determine durability. 3 Best Earnings Acceleration Stocks to Buy in March 2026
• Negative Sentiment: Some price‑target trims despite buy ratings: A number of firms trimmed targets (Daiwa, TD Cowen, Mizuho, JPMorgan) even while keeping buy ratings — this signals varied views on upside and valuation sensitivity. That increases short‑term volatility risk if guidance/AI execution falters. Daiwa Lowers PT to $640

Intuit Trading Up 3.1%

NASDAQ INTU opened at $481.17 on Friday. The stock has a market cap of $133.07 billion, a P/E ratio of 31.16, a PEG ratio of 1.88 and a beta of 1.26. The company’s fifty day simple moving average is $503.41 and its 200-day simple moving average is $608.83. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the previous year, the firm posted $3.32 EPS. The firm’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. Equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio is presently 31.09%.

Insiders Place Their Bets

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the sale, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This represents a 75.08% 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 333 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director owned 13,476 shares in the company, valued at $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 269,596 shares of company stock valued at $178,119,764. Corporate insiders own 2.49% of the company’s stock.

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