Kepler Cheuvreux Suisse SA Lowers Position in Intuit Inc. $INTU

Kepler Cheuvreux Suisse SA cut its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 10.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 29,086 shares of the software maker’s stock after selling 3,481 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Intuit were worth $19,267,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sachetta LLC boosted its position in shares of Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after purchasing an additional 15 shares during the period. GW&K Investment Management LLC boosted its position in shares of Intuit by 8.6% during the 3rd quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock worth $138,000 after purchasing an additional 16 shares during the period. Cannell & Spears LLC boosted its position in shares of Intuit by 0.4% during the 3rd quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock worth $2,641,000 after purchasing an additional 16 shares during the period. Betterment LLC boosted its position in shares of Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after purchasing an additional 16 shares during the period. Finally, Crawford Investment Counsel Inc. boosted its position in shares of Intuit by 4.7% during the 3rd quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock worth $257,000 after purchasing an additional 17 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on INTU. BNP Paribas Exane raised shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective for the company in a research report on Monday, March 16th. Argus lowered their target price on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Daiwa Securities Group lowered their target price on Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Guggenheim set a $633.00 target price on Intuit in a report on Monday, March 16th. Finally, Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $636.10.

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.49% of the company’s stock.

Intuit Stock Performance

Shares of INTU stock opened at $396.31 on Monday. The firm has a 50 day moving average of $416.74 and a two-hundred day moving average of $532.27. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $109.60 billion, a PE ratio of 25.67, a P/E/G ratio of 1.59 and a beta of 1.04. Intuit Inc. has a 52 week low of $342.11 and a 52 week high of $813.70.

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. On average, research analysts predict that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is presently 31.09%.

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.