Lombard Odier Asset Management Europe Ltd Sells 4,137 Shares of Intuit Inc. $INTU

Lombard Odier Asset Management Europe Ltd cut its position in Intuit Inc. (NASDAQ:INTU) by 29.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,065 shares of the software maker’s stock after selling 4,137 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Intuit were worth $6,667,000 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. Joseph Group Capital Management bought a new position in shares of Intuit in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Intuit in the 4th quarter valued at about $25,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Intuit during the 3rd quarter worth about $33,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Intuit by 54.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after buying an additional 19 shares during the period. Finally, Steph & Co. boosted its holdings in shares of Intuit by 346.2% during the 4th quarter. Steph & Co. now owns 58 shares of the software maker’s stock worth $38,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

INTU stock opened at $280.99 on Wednesday. The company has a 50 day simple moving average of $357.95 and a 200 day simple moving average of $467.71. The stock has a market cap of $76.86 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.03 and a beta of 0.98. Intuit Inc. has a 1 year low of $268.01 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last issued its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is 29.07%.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $309.45 per share, with a total value of $386,812.50. Following the purchase, the director directly owned 1,250 shares in the company, valued at approximately $386,812.50. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Argus reduced their target price on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Bank of America began coverage on shares of Intuit in a report on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price objective for the company. Northcoast Research cut their price objective on shares of Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, Freedom Capital downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus price target of $514.58.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some analysts still view Intuit as undervalued after its sharp recent pullback, with Zacks and other commentators pointing to the company’s AI-driven growth potential, improved fiscal 2026 guidance, and a discounted valuation versus peers.
• Neutral Sentiment: Recent commentary also argues that the market may be missing a more attractive growth engine inside Intuit, suggesting its long-term business mix could evolve beyond do-it-yourself tax preparation. Article Title
• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, arguing AI could hurt TurboTax revenue over time and pressure the company’s growth outlook. Article Title
• Negative Sentiment: Two shareholder-law investigations were announced, creating additional overhang and reinforcing investor concern that the stock’s recent decline may attract further legal claims. Article Title Article Title

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.