Trinity Street Asset Management LLP Sells 1,990 Shares of Intuit Inc. $INTU

Trinity Street Asset Management LLP lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 4.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,776 shares of the software maker’s stock after selling 1,990 shares during the period. Intuit comprises approximately 1.6% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 15th biggest holding. Trinity Street Asset Management LLP’s holdings in Intuit were worth $25,686,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NEOS Investment Management LLC increased its holdings in Intuit by 63.8% during the third quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after buying an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co increased its holdings in Intuit by 8.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after buying an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC purchased a new position in Intuit during the third quarter valued at approximately $1,465,000. Crossmark Global Holdings Inc. increased its holdings in Intuit by 15.8% during the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares during the period. Finally, Magellan Asset Management Ltd increased its holdings in Intuit by 8.4% during the third quarter. Magellan Asset Management Ltd now owns 285,052 shares of the software maker’s stock valued at $194,665,000 after buying an additional 22,051 shares during the period. Institutional investors own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INTU. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price objective on the stock in a report on Friday, March 6th. Wells Fargo & Company cut their price objective on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Royal Bank Of Canada cut their price objective on shares of Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Wolfe Research set a $550.00 price objective on shares of Intuit and gave the company an “outperform” rating in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

Intuit Price Performance

NASDAQ INTU opened at $389.51 on Thursday. The firm’s fifty day simple moving average is $428.09 and its two-hundred day simple moving average is $570.99. 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 12-month low of $349.00 and a 12-month high of $813.70. The firm has a market capitalization of $107.72 billion, a P/E ratio of 25.23, a P/E/G ratio of 1.70 and a beta of 1.21.

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 business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the company earned $3.32 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s payout ratio is 31.09%.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.49% of the stock is owned by company insiders.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts/name‑pick momentum — Intuit was highlighted as one of the “3 Best Earnings Acceleration Stocks” for April, reflecting expectations for continued earnings growth that can support upside over time. 3 Best Earnings Acceleration Stocks to Buy Now for April 2026
• Positive Sentiment: Brokerage sentiment remains constructive — a recent roundup shows a consensus rating of “Moderate Buy” from brokerages, indicating that many analysts still see net upside after recent results. Intuit Inc. (NASDAQ:INTU) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Long‑term TAM from financial literacy initiatives — several local media pieces note rising demand for financial education in schools and families, a thematic tailwind for Intuit’s consumer and small‑business financial products, but with limited near‑term impact on revenue. Why Financial Literacy Is Becoming a Must‑Have in Schools
• Neutral Sentiment: Broader market backdrop was mixed — big index moves on macro headlines drove sector rotation today, but Intuit’s weakness looks more company‑specific than market driven. Dow spikes by over 1,300, oil prices retreat in ceasefire rally
• Negative Sentiment: Analyst fair‑value trim and renewed AI risk concerns — a detailed write‑up trimmed Intuit’s central price target slightly (from ~$610 to ~$603) and emphasized AI adoption, competition and tax‑season headwinds as reasons for a more cautious near‑term view; that messaging appears to be the main driver of today’s sell‑off. How The Intuit (INTU) Narrative Is Shifting With AI Risks And Trimmed Valuation Targets

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.