Mediolanum International Funds Ltd Has $104.67 Million Holdings in Intuit Inc. $INTU

Mediolanum International Funds Ltd increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 12.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 134,785 shares of the software maker’s stock after buying an additional 14,905 shares during the period. Intuit accounts for 1.3% of Mediolanum International Funds Ltd’s holdings, making the stock its 12th biggest holding. Mediolanum International Funds Ltd’s holdings in Intuit were worth $104,670,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 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. Westside Investment Management Inc. grew its holdings in Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares during the period. Dogwood Wealth Management LLC increased its stake in Intuit by 111.8% in the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares in the last quarter. True Wealth Design LLC raised its holdings in shares of Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after purchasing an additional 27 shares during the period. Finally, Vista Cima Wealth Management LLC acquired a new position in shares of Intuit during the first quarter valued at about $31,000. Institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In related news, Director Scott D. Cook sold 529 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $664.99, for a total transaction of $351,779.71. Following the completion of the transaction, the director owned 6,162,547 shares in the company, valued at $4,098,032,129.53. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of the sale, the director owned 14,475 shares in the company, valued at approximately $9,570,146.25. The trade was a 2.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,407 shares of company stock valued at $1,614,913 over the last 90 days. Corporate insiders own 2.68% of the company’s stock.

Intuit Stock Performance

Shares of INTU stock opened at $637.44 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70. The business’s 50 day moving average is $665.95 and its two-hundred day moving average is $706.58. The company has a market capitalization of $177.72 billion, a P/E ratio of 46.39, a P/E/G ratio of 2.53 and a beta of 1.25.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Citigroup cut their price target on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a report on Tuesday, September 2nd. JPMorgan Chase & Co. cut their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Finally, Oppenheimer boosted their price target on shares of Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $799.35.

Intuit Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.