denkapparat Operations GmbH Makes New $652,000 Investment in Intuit Inc. $INTU

denkapparat Operations GmbH bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,500 shares of the software maker’s stock, valued at approximately $652,000.

Several other hedge funds have also added to or reduced their stakes in INTU. XXEC Inc. bought a new position in shares of Intuit in the 2nd quarter worth $436,740,000. BlackRock Inc. bought a new position in Intuit during the second quarter worth about $6,851,859,000. Corient Private Wealth LP acquired a new position in shares of Intuit during the 2nd quarter worth about $40,545,000. Norges Bank acquired a new position in shares of Intuit during the 4th quarter worth about $3,058,407,000. Finally, Bank of America Corp DE bought a new stake in shares of Intuit in the 2nd quarter valued at about $589,841,000. Institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Shares of INTU opened at $332.70 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a twelve month low of $252.84 and a twelve month high of $705.08. The stock has a market capitalization of $91.01 billion, a P/E ratio of 20.16, a P/E/G ratio of 0.98 and a beta of 0.98. The company has a 50 day moving average of $315.84 and a 200-day moving average of $354.38.

Intuit (NASDAQ:INTU) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the prior year, the company posted $2.75 earnings per share. The firm’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts forecast that Intuit Inc. will post 23.49 EPS for the current fiscal year.

Intuit Increases Dividend

The business 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 boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.7%. Intuit’s dividend payout ratio is currently 29.09%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit will host its annual Investor Day on Sept. 17, where management may provide additional detail on its growth strategy, product outlook and financial targets. The event could help investors reassess the company’s recently issued fiscal 2027 guidance. Intuit to Host Annual Investor Day on September 17
• Positive Sentiment: CFO Sandeep Aujla is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on Sept. 10, giving investors another opportunity to hear management address growth, demand and guidance. Intuit CFO Sandeep Aujla to Present at the Goldman Sachs Communacopia + Technology Conference
• Neutral Sentiment: KeyCorp’s fiscal 2027 EPS estimate of $23.06 is essentially in line with the roughly $23.03 consensus estimate, suggesting no meaningful new earnings revision from that coverage. KeyCorp Intuit earnings estimates
• Negative Sentiment: Several law firms announced or promoted securities-fraud class actions involving Intuit, with a Sept. 8 lead-plaintiff deadline. The allegations reportedly concern statements about TurboTax growth and cover periods ranging from February or August 2025 through May or June 2026. Although the notices do not establish wrongdoing, the repeated litigation coverage raises reputational, legal-cost and potential-liability concerns. Intuit Securities Fraud Lawsuit Deadline Intuit Investor Class Action

Analyst Ratings Changes

Several research analysts recently weighed in on INTU shares. Jefferies Financial Group reduced their price objective on shares of Intuit from $550.00 to $500.00 and set a “buy” rating on the stock in a research note on Sunday, August 23rd. Freedom Capital downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Stifel Nicolaus set a $300.00 target price on shares of Intuit in a report on Wednesday, August 26th. JPMorgan Chase & Co. lowered shares of Intuit from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $605.00 to $331.00 in a report on Wednesday, August 26th. Finally, Wolfe Research cut shares of Intuit from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, August 26th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intuit currently has an average rating of “Hold” and a consensus price target of $434.68.

Insider Activity

In related news, CAO Lauren Hotz sold 907 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard Dalzell sold 284 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their position. 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. Insiders have sold 2,146 shares of company stock worth $662,666 in the last quarter. 2.49% of the stock is currently owned by corporate insiders.

Intuit Company 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.