Kepler Cheuvreux Suisse SA Buys New Position in Intuit Inc. $INTU

Kepler Cheuvreux Suisse SA purchased a new position in shares of Intuit Inc. (NASDAQ:INTU) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 32,567 shares of the software maker’s stock, valued at approximately $22,236,000. Intuit comprises about 1.2% of Kepler Cheuvreux Suisse SA’s portfolio, making the stock its 27th biggest position.

Several other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of Intuit in the second quarter valued at about $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new position in Intuit during the first quarter valued at approximately $785,564,000. Winslow Capital Management LLC acquired a new position in Intuit during the second quarter valued at approximately $782,677,000. Vanguard Group Inc. grew its stake in Intuit by 3.3% in the third 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 in the last quarter. Finally, Swedbank AB increased its position in shares of Intuit by 575.4% during the 3rd quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock worth $602,023,000 after purchasing an additional 751,027 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Insider Transactions at Intuit

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the transaction, the director directly owned 5,668,182 shares of the company’s stock, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. The trade was a 75.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 120,168 shares of company stock valued at $79,899,156. Company insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on INTU. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Mizuho decreased their target price on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. BNP Paribas Exane dropped their price target on shares of Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a research report on Monday, February 23rd. Truist Financial initiated coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target for the company. Finally, Stifel Nicolaus decreased their price objective on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $643.29.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rothschild & Co Redburn upgraded INTU from Neutral to Buy and raised its price target to $700, signaling renewed confidence in the company’s resilience to AI disruption — a bullish signal for investor sentiment. Redburn upgrade
• Positive Sentiment: Intuit announced a partnership with Anthropic to deploy custom AI agents (Claude Agent SDK) to automate financial workflows — reinforces the company’s AI adoption story and potential product differentiation. Anthropic partnership
• Positive Sentiment: Short interest fell ~19.5% in February to about 6.69M shares (2.5% of float) and days-to-cover is low (~1.3), reducing the risk of a large short-squeeze dynamic and suggesting fewer bearish bets. (Data entry summarizing short interest)
• Positive Sentiment: Additional analyst support: Northcoast Research and other outlets have recently upgraded or featured Intuit, adding to constructive coverage momentum. Northcoast upgrade
• Neutral Sentiment: Coverage pieces highlighting Intuit’s long-term performance and inclusion in “software pick” lists may attract longer-term investors but are unlikely to move near-term price materially. Seeking Alpha picks 10-year returns
• Neutral Sentiment: Media features and screen highlights (e.g., Zacks) can raise visibility but are unlikely to change fundamentals immediately. Zacks highlight
• Negative Sentiment: Investors have reacted to Intuit’s tax-season quarter guidance and planned ramp in marketing/support spend, viewing near-term profitability as potentially pressured — a cited reason for intraday weakness. QuiverQuant analysis
• Negative Sentiment: Several brokers have trimmed price targets (examples: Truist cut its target to $500 from $739; other Street targets clustered lower), which increases downward valuation pressure even when ratings remain Buy. Truist PT cut Investment story shifting
• Negative Sentiment: Notable insider selling disclosed in recent data summaries has caught attention; while not proof of fundamental decline, heavy insider disposals can weigh on sentiment. (QuiverQuant insider activity summary)

Intuit Stock Down 4.2%

Shares of INTU opened at $453.95 on Wednesday. The firm has a market cap of $125.54 billion, a P/E ratio of 29.40, a price-to-earnings-growth ratio of 1.90 and a beta of 1.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70. The firm’s 50-day simple moving average is $495.09 and its 200 day simple moving average is $604.50.

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, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period last year, the business posted $3.32 earnings per share. The business’s revenue for the quarter 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. On average, analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is presently 31.09%.

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.