Swiss Life Asset Management Ltd Lowers Stake in Intuit Inc. $INTU

Swiss Life Asset Management Ltd lessened its holdings in Intuit Inc. (NASDAQ:INTU) by 2.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 105,376 shares of the software maker’s stock after selling 2,858 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Intuit were worth $71,962,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sagard Holdings Management Inc. bought a new stake in shares of Intuit in the 2nd quarter worth approximately $28,000. MTM Investment Management LLC increased its position in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares in the last quarter. Total Investment Management Inc. bought a new position in Intuit during the 2nd quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. purchased a new position in Intuit during the third quarter valued at $33,000. Finally, Kilter Group LLC bought a new stake in Intuit in the second quarter worth $35,000. Institutional investors own 83.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on INTU. Wolfe Research set a $550.00 target price on Intuit and gave the stock an “outperform” rating in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Wall Street Zen downgraded shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. UBS Group reduced their price objective on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Finally, Mizuho decreased their target price on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $638.06.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the firm’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 value of $146,653.20. Following the sale, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 120,501 shares of company stock valued at $79,983,892. Insiders own 2.49% of the company’s stock.

Intuit Stock Down 2.7%

INTU stock opened at $446.79 on Thursday. The stock has a market capitalization of $123.56 billion, a P/E ratio of 28.94, a P/E/G ratio of 1.85 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The business has a fifty day moving average price of $470.83 and a 200-day moving average price of $595.79.

Intuit (NASDAQ:INTU) last released its quarterly earnings data 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 company had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period last year, the firm posted $3.32 earnings per share. Intuit’s revenue was up 17.4% compared to the same quarter last year. 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 analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Intuit’s payout ratio is currently 31.09%.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management moved to increase share repurchases and halted planned leadership stock sales, supporting near-term buy-side demand and signaling confidence from the company. Intuit steps up share buybacks as leadership halts planned stock sales
• Positive Sentiment: Multiple sell-side reports and media pieces highlight an overall “buy” consensus and at least one recent rating upgrade, which can support demand and limit downside. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Positive Sentiment: Intuit is publicly pushing back on AI-disruption fears, arguing its value is “confidence” in financial outcomes — a defense of pricing power and customer stickiness if convincing to investors. Why Intuit says it is insulated from AI disruption
• Neutral Sentiment: Seasonal TurboTax promotions and consumer deals are active (tax‑season demand driver), helpful for near-term revenue but not a material strategic shift. TurboTax deals: Tax day is almost here!
• Neutral Sentiment: Analyst commentary (Zacks/Yahoo roundups) notes AI fears have pressured software names but also points to Intuit’s long-term upside vs. prior highs — mixed near-term sentiment. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Negative Sentiment: Legislative risk: Senator Warren’s Direct File Act would expand a government-run free tax‑filing option — a structural threat to TurboTax if enacted, and a meaningful long-term risk priced by investors. New Bill: Senator Elizabeth Warren introduces S. 3948: Direct File Act of 2026
• Negative Sentiment: Intuit’s accelerated QuickBooks Desktop sunset is prompting competitors (Xero, migration partners like Xendoo) to court legacy users — raising short-to-medium term churn and migration risk for small-business revenue. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users
• Negative Sentiment: Macro/sector headwinds: investors are trimming exposure to software credit and loans amid AI disruption fears, which can amplify volatility and pressure software valuations including Intuit. Analysis-Debt investors offloading exposure to software companies is latest sign of pain

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