Hyperion Asset Management Ltd Has $126.04 Million Position in Intuit Inc. $INTU

Hyperion Asset Management Ltd raised its holdings in Intuit Inc. (NASDAQ:INTU) by 14.8% during the third quarter, Holdings Channel.com reports. The fund owned 184,569 shares of the software maker’s stock after purchasing an additional 23,836 shares during the period. Intuit comprises about 3.5% of Hyperion Asset Management Ltd’s holdings, making the stock its 12th largest holding. Hyperion Asset Management Ltd’s holdings in Intuit were worth $126,044,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after purchasing an additional 914,024 shares during the period. State Street Corp grew its stake in shares of Intuit by 1.0% during the second quarter. State Street Corp now owns 12,724,323 shares of the software maker’s stock worth $10,022,059,000 after purchasing an additional 125,990 shares during the period. Norges Bank acquired a new stake in shares of Intuit during the second quarter worth $3,268,830,000. Invesco Ltd. increased its holdings in Intuit by 7.8% in the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock valued at $2,565,810,000 after purchasing an additional 271,407 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after buying an additional 1,295,199 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Trading Up 1.1%

NASDAQ INTU opened at $439.96 on Monday. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market cap of $121.67 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.77 and a beta of 1.27. The stock’s 50-day moving average is $482.31 and its 200-day moving average is $599.82.

Intuit (NASDAQ:INTU) last issued 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. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the firm earned $3.32 EPS. Intuit’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio is 31.09%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on INTU shares. BNP Paribas Exane reduced their target price on Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a report on Monday, February 23rd. Susquehanna lowered their price target on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research note on Tuesday, February 24th. Oppenheimer reduced their price objective on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. JPMorgan Chase & Co. decreased their price objective on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, Barclays lowered their target price on shares of Intuit from $785.00 to $540.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $634.26.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 120,501 shares of company stock worth $79,983,892 over the last three months. 2.49% of the stock is currently owned by 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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.