Fundsmith Investment Services LTD. Acquires 74,446 Shares of Intuit Inc. $INTU

Fundsmith Investment Services LTD. raised its holdings in Intuit Inc. (NASDAQ:INTU) by 65.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 188,514 shares of the software maker’s stock after acquiring an additional 74,446 shares during the quarter. Intuit accounts for 2.0% of Fundsmith Investment Services LTD.’s investment portfolio, making the stock its 19th biggest holding. Fundsmith Investment Services LTD.’s holdings in Intuit were worth $128,738,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Tortoise Investment Management LLC lifted its position in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the period. Sagard Holdings Management Inc. acquired a new stake in Intuit in the second quarter worth $28,000. MTM Investment Management LLC increased its stake in Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares in the last quarter. Total Investment Management Inc. bought a new stake in Intuit in the second quarter valued at $33,000. Finally, Kilter Group LLC acquired a new position in shares of Intuit during the second quarter valued at about $35,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Buying and Selling

In other news, Director Scott D. Cook sold 1,402 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the transaction, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of Intuit 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 transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 120,501 shares of company stock valued at $79,983,892. 2.49% of the stock is owned by company insiders.

Intuit Trading Up 1.1%

NASDAQ:INTU opened at $439.96 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a 50-day moving average of $482.31 and a 200-day moving average of $600.67. The company has a market cap of $121.67 billion, a PE ratio of 28.49, a PEG ratio of 1.75 and a beta of 1.26. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating 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 analysts’ expectations of $4.53 billion. During the same quarter last year, the firm earned $3.32 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

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 paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. Intuit’s dividend payout ratio is 31.09%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on INTU shares. BMO Capital Markets cut their price objective on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and boosted their target price for the company from $670.00 to $700.00 in a research report on Tuesday. BNP Paribas Exane cut their price target on Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a report on Monday, February 23rd. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

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.