London & Capital Asset Management Ltd Raises Holdings in Intuit Inc. $INTU

London & Capital Asset Management Ltd boosted its position in Intuit Inc. (NASDAQ:INTU) by 37.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,215 shares of the software maker’s stock after acquiring an additional 12,586 shares during the quarter. Intuit accounts for 2.3% of London & Capital Asset Management Ltd’s investment portfolio, making the stock its 23rd biggest position. London & Capital Asset Management Ltd’s holdings in Intuit were worth $31,560,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ted Buchan & Co raised its holdings in shares of Intuit by 20.3% in the 3rd quarter. Ted Buchan & Co now owns 5,151 shares of the software maker’s stock worth $3,518,000 after purchasing an additional 869 shares during the period. Finemark National Bank & Trust increased its position in Intuit by 1.2% during the 3rd quarter. Finemark National Bank & Trust now owns 1,647 shares of the software maker’s stock worth $1,125,000 after purchasing an additional 19 shares in the last quarter. New Age Alpha Advisors LLC raised its holdings in Intuit by 18.8% in the third quarter. New Age Alpha Advisors LLC now owns 12,990 shares of the software maker’s stock valued at $8,871,000 after buying an additional 2,052 shares during the period. Patrick M Sweeney & Associates Inc. raised its holdings in Intuit by 7.7% in the third quarter. Patrick M Sweeney & Associates Inc. now owns 432 shares of the software maker’s stock valued at $295,000 after buying an additional 31 shares during the period. Finally, APG Asset Management N.V. lifted its position in Intuit by 0.7% during the third quarter. APG Asset Management N.V. now owns 184,886 shares of the software maker’s stock valued at $126,260,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Ratings Changes

INTU has been the subject of several recent research reports. Oppenheimer dropped their price objective on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research report on Friday. KeyCorp decreased their price target on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday. Stifel Nicolaus lowered their price target on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday. Barclays cut their price objective on Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Finally, Daiwa Securities Group upped their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Twenty-three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus price target of $660.07.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 results beat: Intuit reported stronger-than-expected fiscal Q2 results — revenue grew ~17% and EPS topped consensus, and the company reaffirmed its FY26 revenue and EPS framework (FY26 EPS guide ~22.98–23.18). This confirms ongoing growth momentum and investor confidence in underlying businesses. Intuit Tops Q2 Earnings, Reaffirms FY26 Growth Outlook Amid AI Push
• Positive Sentiment: AI positioning: Management and analysts highlight Intuit’s AI investments (TurboTax, QuickBooks, Credit Karma integrations) as a structural tailwind — executives say AI is fueling the next growth phase and should deepen switching costs rather than displace the business. Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
• Positive Sentiment: Board signals confidence with dividend: Intuit declared a quarterly cash dividend of $1.20 per share (record April 9, pay April 17), underscoring cash generation and capital return policy. This supports income-oriented investor demand. Intuit Board Declares Cash Dividend, Signals Ongoing Confidence
• Neutral Sentiment: Analyst target updates mixed: Several firms trimmed price targets (Goldman, JPMorgan, Oppenheimer, RBC, others) but most maintained Buy/Outperform/Overweight stances — signaling caution on near-term multiple expansion while still backing the longer-term thesis. Monitor how these revisions affect sentiment and flows. Goldman Sachs adjusts price target on Intuit to $519 from $720; maintains neutral rating
• Negative Sentiment: Soft near-term guidance & higher marketing spend: Intuit’s Q3 guidance was softer than some expected — management flagged elevated marketing investment for peak U.S. tax season that will weigh on near-term margins and profit expectations, which triggered short-term selling pressure across headlines. Intuit Shares Tumble Despite Earnings Beat as Tax Season Outlook Disappoints
• Negative Sentiment: Market reaction: Despite the beat, coverage and write-ups emphasize the softer FQ3 outlook and tax-season margin pressure — multiple headlines note the stock initially slid after hours, reflecting sensitivity to forward guidance versus reported results. Investors should watch guidance execution and marketing ROI. Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook

Intuit Trading Up 3.7%

NASDAQ:INTU opened at $409.03 on Monday. The stock has a market cap of $113.82 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 1.67 and a beta of 1.27. 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 quick ratio of 1.32 and a current ratio of 1.32. The business’s 50-day simple moving average is $526.10 and its 200 day simple moving average is $616.73.

Intuit (NASDAQ:INTU) last posted 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 return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the business earned $3.32 EPS. Intuit’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. As a group, sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business 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 $1.20 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.2%. Intuit’s dividend payout ratio is currently 31.09%.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. This trade represents a 2.41% 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 Scott D. Cook sold 75,000 shares of Intuit stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 388,464 shares of company stock valued at $255,514,393. 2.49% of the stock is 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.