S Bank Fund Management Ltd Acquires 2,955 Shares of Intuit Inc. $INTU

S Bank Fund Management Ltd grew its position in Intuit Inc. (NASDAQ:INTU) by 34.7% during the 3rd quarter, Holdings Channel reports. The firm owned 11,460 shares of the software maker’s stock after purchasing an additional 2,955 shares during the quarter. Intuit makes up about 1.0% of S Bank Fund Management Ltd’s investment portfolio, making the stock its 22nd biggest position. S Bank Fund Management Ltd’s holdings in Intuit were worth $7,826,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Intuit by 3.3% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,315 shares of the software maker’s stock valued at $6,361,000 after acquiring an additional 301 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Intuit by 0.7% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 799,307 shares of the software maker’s stock valued at $545,855,000 after purchasing an additional 5,908 shares during the period. Cornell Pochily Investment Advisors Inc. bought a new position in shares of Intuit during the 3rd quarter worth approximately $288,000. Gradient Capital Advisors LLC raised its position in shares of Intuit by 17.1% in the third quarter. Gradient Capital Advisors LLC now owns 712 shares of the software maker’s stock valued at $486,000 after purchasing an additional 104 shares during the period. Finally, First Horizon Corp bought a new position in shares of Intuit during the third quarter worth approximately $6,684,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fundsmith Equity Fund reestablished a stake in Intuit, a vote of confidence from a well-known active manager that can support demand for the shares. Here’s Why Fundsmith Equity Fund Reestablished Its Stake in Intuit (INTU)
• Positive Sentiment: Intuit’s QuickBooks struck a partnership with BDO Canada to offer integrated services to SMBs — a practical revenue growth and distribution win for QuickBooks in an important market. BDO Canada and Intuit QuickBooks Partner
• Neutral Sentiment: Goldman Sachs initiated coverage with a Hold rating and a $720 price target (implies ~13% upside from the ~$635 level) — helpful for headline demand but not a buy endorsement. Goldman Sachs Coverage
• Neutral Sentiment: Corporate/strategy pieces (on product funnel, AI culture and QuickBooks guidance/tips) highlight ongoing execution and positioning into AI and SMB tools but are more supportive of longer-term story than immediate price moves. Representative reads: The Drum and Moneycontrol. Intuit’s Thomas Ranese says the funnel isn’t dead
• Neutral Sentiment: Reported short-interest data appears to show no meaningful short position (the published numbers are effectively zero/NA), so short covering is unlikely to be a near-term driver based on the available figures.
• Negative Sentiment: Market commentary notes INTU shares “sank” while broader indexes rose, signaling stock-specific selling/rotation that’s weighing on the price today. Intuit (INTU) stock sinks as market gains

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 sale, the director owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price target on shares of Intuit in a research note on Friday, November 21st. BMO Capital Markets decreased their price objective on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Wolfe Research reduced their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Cowen started coverage on shares of Intuit in a research note on Wednesday, January 7th. They issued a “buy” rating on the stock. Finally, Independent Research set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $784.81.

Intuit Trading Down 1.8%

Shares of NASDAQ INTU opened at $635.44 on Tuesday. The business’s 50 day moving average is $655.53 and its two-hundred day moving average is $689.46. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The stock has a market capitalization of $176.82 billion, a P/E ratio of 43.43, a PEG ratio of 2.64 and a beta of 1.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, research analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.8%. Intuit’s payout ratio is currently 32.81%.

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.