Swedbank AB Acquires 4,872 Shares of Intuit Inc. $INTU

Swedbank AB lifted its position in shares of Intuit Inc. (NASDAQ:INTU) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 886,427 shares of the software maker’s stock after purchasing an additional 4,872 shares during the period. Swedbank AB owned 0.32% of Intuit worth $587,187,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. NEOS Investment Management LLC grew its stake in Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after buying an additional 47,330 shares during the last quarter. Varma Mutual Pension Insurance Co grew its stake in Intuit by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after buying an additional 3,600 shares during the last quarter. Nicholson Wealth Management Group LLC acquired a new position in Intuit in the 3rd quarter valued at about $1,465,000. Crossmark Global Holdings Inc. grew its stake in Intuit by 15.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in Intuit by 50.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after buying an additional 10,661 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on INTU shares. Susquehanna decreased their price target on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research note on Tuesday, February 24th. BNP Paribas Exane raised shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective for the company in a report on Monday, March 16th. BMO Capital Markets cut their price objective on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Jefferies Financial Group reissued a “buy” rating on shares of Intuit in a report on Sunday, April 19th. Finally, Stifel Nicolaus cut their price objective on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $636.10.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.49% of the stock is currently owned by company insiders.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Brokerage consensus remains constructive — the average recommendation is roughly a Buy/“Moderate Buy,” which helps cap downside and supports investor confidence. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Coverage is debating whether the stock is attractive after a ~35% one‑year decline — the piece lays out both the potential valuation opportunity and the risks that still exist. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall
• Neutral Sentiment: Short-term price action has shown occasional rebounds (recent close previously reported up ~2%), indicating intermittent buying even as broader concerns persist. Intuit (INTU) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Operational news is low impact: an article on QuickBooks Enterprise support and a small TurboTax retail lease are positive for the franchise but unlikely to move the stock materially. Intuit QuickBooks Enterprise Support: Expert Help for Your Business Intuit TurboTax Signs 2.5K-SF Retail Lease at One Willoughby Square
• Neutral Sentiment: Be cautious about conflating similarly named firms: a recent press item about “Intuitive.ai” gaining AWS competency refers to a different company and is not material to Intuit Inc.’s fundamentals. Intuitive.ai achieves AWS Data and Analytics Competency as Enterprises Reassess the Foundations of AI
• Negative Sentiment: Valuation and technical headwinds: the stock is still well below its 200‑day moving average and has fallen ~35% in the past year — factors that weigh on momentum and can keep downward pressure until growth visibility improves.
• Negative Sentiment: Analyst ratings may be blunt instruments — several articles note that average broker recommendations can be overly optimistic; if fundamentals or guidance slip, upside could be limited despite the “Buy” consensus. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?

Intuit Stock Performance

Shares of Intuit stock opened at $398.32 on Wednesday. The company has a 50 day moving average of $415.20 and a 200-day moving average of $535.89. Intuit Inc. has a 1-year low of $342.11 and a 1-year high of $813.70. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The company has a market cap of $110.16 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 1.64 and a beta of 1.04.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the prior year, the firm posted $3.32 EPS. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. 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, equities research analysts forecast that Intuit Inc. will post 17.44 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. Intuit’s dividend payout ratio is 31.09%.

Intuit 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.