Nykredit A S Acquires Shares of 88,749 Intuit Inc. $INTU

Nykredit A S bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the second quarter, HoldingsChannel reports. The firm bought 88,749 shares of the software maker’s stock, valued at approximately $23,163,000.

A number of other institutional investors have also made changes to their positions in INTU. Intesa Sanpaolo Wealth Management bought a new stake in Intuit during the fourth quarter valued at $25,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit in the 3rd quarter valued at about $33,000. Birchwood Financial Partners Inc. acquired a new position in shares of Intuit in the 4th quarter valued at about $33,000. Fiduciary Financial Advisors bought a new stake in shares of Intuit during the 2nd quarter valued at about $25,000. Finally, Sankala Group LLC acquired a new stake in Intuit during the fourth quarter worth about $40,000. 83.66% of the stock is currently owned by institutional investors.

Intuit Stock Up 0.4%

INTU opened at $344.30 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. The company has a market capitalization of $94.18 billion, a PE ratio of 20.87, a P/E/G ratio of 0.98 and a beta of 0.98. The stock’s fifty day moving average is $314.53 and its 200-day moving average is $354.54. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the company earned $2.75 earnings per share. Intuit’s revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, equities analysts predict that Intuit Inc. will post 23.49 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a dividend of $1.38 per share. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. Intuit’s payout ratio is 29.09%.

Insider Activity at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 2,146 shares of company stock worth $662,666. 2.49% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Royal Bank Of Canada dropped their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Intuit in a report on Wednesday, August 26th. Mizuho reduced their target price on shares of Intuit from $500.00 to $430.00 and set an “outperform” rating for the company in a research note on Monday, August 17th. Finally, Jefferies Financial Group reduced their price objective on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Sunday, August 23rd. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $434.68.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors are increasingly viewing Intuit as a value opportunity after the sharp decline from its prior highs. Recent commentary highlighted the company’s solid fundamentals and potential upside if the stock eventually returns to its peak valuation. Forget AI Stocks: Buy This Tech Stock Now for Value and 130% Upside
• Positive Sentiment: Intuit’s fiscal 2026 results showed revenue growth of roughly 14%, while Credit Karma grew 20% and TurboTax grew 7%. The company also repurchased $5.5 billion of stock, has $7.9 billion remaining under its authorization, and raised its quarterly dividend 15% to $1.38 per share—supportive factors for the rebound. Intuit Gains as Investors Reassess Post-Earnings Selloff
• Positive Sentiment: Management scheduled an annual Investor Day for September 17. The event could provide additional detail on Intuit’s growth strategy, artificial-intelligence initiatives and its medium-term outlook, potentially helping stabilize investor expectations. Intuit to Host Annual Investor Day on September 17
• Neutral Sentiment: CFO Sandeep Aujla will present at the Goldman Sachs Communacopia + Technology Conference on September 10. Investors may look for updates on demand, TurboTax growth and the fiscal 2027 outlook. Intuit CFO Sandeep Aujla to Present at the Goldman Sachs Communacopia + Technology Conference
• Neutral Sentiment: KeyCorp’s published estimates call for approximately $23.06 in fiscal 2027 EPS and $26.84 in fiscal 2028 EPS, broadly consistent with current full-year expectations and indicating continued earnings growth, but not representing a new major forecast change. KeyCorp Intuit earnings estimates
• Negative Sentiment: Several law firms publicized a securities-fraud class action and a September 8 lead-plaintiff deadline. The complaints reportedly concern alleged misrepresentations about TurboTax growth prospects. The announcements do not establish wrongdoing, but they add legal and reputational overhang to the stock. Pomerantz Class Action Announcement
• Negative Sentiment: Fiscal 2027 guidance projects slower overall growth of 9% to 10%, with TurboTax growth of only 2% to 3%. That deceleration was the main reason for the earlier earnings-related pressure and remains a key risk despite the current recovery. Intuit Fiscal 2027 Outlook Analysis

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.