LGT Capital Partners LTD. Has $66.80 Million Stock Position in Intuit Inc. $INTU

LGT Capital Partners LTD. increased its stake in shares of Intuit Inc. (NASDAQ:INTU) by 168.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,814 shares of the software maker’s stock after purchasing an additional 61,385 shares during the period. Intuit makes up approximately 3.2% of LGT Capital Partners LTD.’s investment portfolio, making the stock its 11th largest holding. LGT Capital Partners LTD.’s holdings in Intuit were worth $66,798,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. NEOS Investment Management LLC lifted 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 worth $82,984,000 after acquiring an additional 47,330 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its holdings in shares of Intuit by 8.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after purchasing an additional 3,600 shares in the last quarter. Nicholson Wealth Management Group LLC bought a new position in shares of Intuit during the 3rd quarter valued at about $1,465,000. Hantz Financial Services Inc. grew its position in shares of Intuit by 50.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after purchasing an additional 10,661 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Intuit by 11.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 145,211 shares of the software maker’s stock worth $99,166,000 after purchasing an additional 15,471 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

NASDAQ:INTU opened at $359.55 on Tuesday. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The company has a market cap of $100.05 billion, a P/E ratio of 24.58, a P/E/G ratio of 1.55 and a beta of 1.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The stock’s 50-day simple moving average is $548.64 and its 200 day simple moving average is $626.14.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is pushing its AI strategy and targeting enterprise customers with an expanded enterprise suite — a product roadmap item that supports longer‑term revenue growth from AI-enabled offerings. Intuit Inc. (INTU) Expands AI Strategy With Enterprise Suite Push
• Positive Sentiment: Intuit expanded its Mailchimp integration with Wix, broadening SMB distribution channels and cross‑sell opportunities for marketing and payments services. Intuit Inc. (INTU) Expands Partnership with Wix
• Positive Sentiment: Technical/market commentators flagged Intuit as deeply oversold with a large implied upside from current levels — suggesting a rebound is possible if fundamentals and guidance remain intact.
• Neutral Sentiment: Analysts and models are re‑examining Q2 metrics beyond headline revenue/EPS, which could produce volatility as investors digest guidance vs. revised expectations. Unlocking Q2 Potential of Intuit (INTU)
• Neutral Sentiment: Sector news (e.g., M&A/buyout chatter at peers) is driving rotation and headlines that can amplify intraday moves in software names, but these are not company‑specific catalysts for Intuit. PayPal Pops On Buyout Buzz After Sudden CEO Change
• Negative Sentiment: Intuit shares hit a 52‑week low, a technical signal that can trigger stop‑losses and momentum selling. Intuit stock hits 52-week low at $373.08
• Negative Sentiment: Barclays cut its price target significantly (from $785 to $540) despite keeping an Overweight rating — the sizable trim increases near‑term selling pressure by lowering the analyst ceiling. Barclays adjusts price target on Intuit to $540 from $785; maintains Overweight
• Negative Sentiment: BNP Paribas Exane cut its target to $340 and moved to an Underperform — a direct negative signal to holders and potential sellers. BNP Paribas adjusts price target on Intuit to $340 from $600; maintains Underperform

Analyst Ratings Changes

Several research analysts have recently weighed in on INTU shares. Mizuho set a $675.00 price target on shares of Intuit in a report on Thursday. KeyCorp reduced their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Wolfe Research dropped their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. Finally, TD Cowen decreased their price objective on Intuit from $802.00 to $658.00 and set a “buy” rating for the company in a report on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $736.59.

Insider Buying and Selling

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. The trade was a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value 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. The trade was a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 388,464 shares of company stock valued at $255,514,393 in the last ninety days. 2.49% of the stock is owned by company insiders.

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.