Capital Research Global Investors Buys 1,973 Shares of Intuit Inc. $INTU

Capital Research Global Investors increased its position in Intuit Inc. (NASDAQ:INTU) by 0.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 482,316 shares of the software maker’s stock after acquiring an additional 1,973 shares during the period. Capital Research Global Investors’ holdings in Intuit were worth $329,378,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of INTU. NEOS Investment Management LLC boosted its stake in shares of Intuit by 63.8% in 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 during the period. Varma Mutual Pension Insurance Co raised its stake in 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 during the period. Nicholson Wealth Management Group LLC purchased a new position in Intuit in the 3rd quarter worth approximately $1,465,000. Hantz Financial Services Inc. lifted its holdings in Intuit by 50.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock worth $21,765,000 after purchasing an additional 10,661 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position in shares of Intuit by 15.8% during the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after acquiring an additional 6,503 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In other Intuit news, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the sale, the director owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was 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 approximately $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 120,168 shares of company stock worth $79,899,156. 2.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

INTU has been the subject of a number of analyst reports. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Jefferies Financial Group set a $650.00 price target on Intuit in a research report on Sunday, February 22nd. Evercore reissued an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Citigroup lowered their target price on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, Royal Bank Of Canada decreased their price target on Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and an average target price of $643.29.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rothschild & Co Redburn upgraded INTU from Neutral to Buy and raised its price target to $700, signaling renewed confidence in the company’s resilience to AI disruption — a bullish signal for investor sentiment. Redburn upgrade
• Positive Sentiment: Intuit announced a partnership with Anthropic to deploy custom AI agents (Claude Agent SDK) to automate financial workflows — reinforces the company’s AI adoption story and potential product differentiation. Anthropic partnership
• Positive Sentiment: Short interest fell ~19.5% in February to about 6.69M shares (2.5% of float) and days-to-cover is low (~1.3), reducing the risk of a large short-squeeze dynamic and suggesting fewer bearish bets. (Data entry summarizing short interest)
• Positive Sentiment: Additional analyst support: Northcoast Research and other outlets have recently upgraded or featured Intuit, adding to constructive coverage momentum. Northcoast upgrade
• Neutral Sentiment: Coverage pieces highlighting Intuit’s long-term performance and inclusion in “software pick” lists may attract longer-term investors but are unlikely to move near-term price materially. Seeking Alpha picks 10-year returns
• Neutral Sentiment: Media features and screen highlights (e.g., Zacks) can raise visibility but are unlikely to change fundamentals immediately. Zacks highlight
• Negative Sentiment: Investors have reacted to Intuit’s tax-season quarter guidance and planned ramp in marketing/support spend, viewing near-term profitability as potentially pressured — a cited reason for intraday weakness. QuiverQuant analysis
• Negative Sentiment: Several brokers have trimmed price targets (examples: Truist cut its target to $500 from $739; other Street targets clustered lower), which increases downward valuation pressure even when ratings remain Buy. Truist PT cut Investment story shifting
• Negative Sentiment: Notable insider selling disclosed in recent data summaries has caught attention; while not proof of fundamental decline, heavy insider disposals can weigh on sentiment. (QuiverQuant insider activity summary)

Intuit Price Performance

INTU opened at $453.95 on Wednesday. The stock’s 50-day moving average price is $495.09 and its 200 day moving average price is $604.50. 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 cap of $125.54 billion, a price-to-earnings ratio of 29.40, a PEG ratio of 1.90 and a beta of 1.27.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.32 EPS. 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 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s payout ratio is 31.09%.

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.