SBI Okasan Asset Management Co.Ltd. Makes New Investment in Intuit Inc. $INTU

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,750 shares of the software maker’s stock, valued at approximately $2,528,000.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit during the 1st quarter worth approximately $785,564,000. Sivia Capital Partners LLC increased its holdings in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares near current levels, signaling insider confidence after the selloff. SEC Form 4 filing
• Positive Sentiment: Bank of America and other recent analyst commentary remained constructive, citing Intuit’s strong margins, AI tailwinds, and long-term growth runway, even though some price targets were trimmed. Proactive Investors article
• Positive Sentiment: Intuit’s latest earnings beat expectations, with revenue and EPS both ahead of consensus and full-year guidance reaffirming solid profitability. Intuit earnings summary
• Neutral Sentiment: Recent coverage also highlighted investor interest in Intuit, but much of it was broad commentary rather than a new business catalyst. Zacks article
• Negative Sentiment: Multiple law firms launched or promoted investigations into Intuit over alleged pricing issues and potential securities-law violations, adding headline risk and uncertainty. PR Newswire investigation notice
• Negative Sentiment: Recent analyst target cuts from firms including Citi, BMO, Mizuho, and Jefferies suggest the market has become more cautious on near-term upside. MarketBeat analyst coverage

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on INTU. Stifel Nicolaus decreased their target price on Intuit from $500.00 to $375.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada decreased their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Evercore decreased their target price on Intuit from $540.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. HSBC decreased their target price on Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Finally, The Goldman Sachs Group decreased their target price on Intuit from $720.00 to $519.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Twenty-four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $525.65.

Intuit Stock Performance

INTU opened at $313.00 on Friday. The business has a fifty day simple moving average of $392.72 and a 200 day simple moving average of $499.68. The company has a market capitalization of $85.62 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.18 and a beta of 1.04. Intuit Inc. has a 1 year low of $300.50 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts expect that Intuit Inc. will post 17.6 EPS for the current year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is presently 29.07%.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was 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 approximately $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Vasant M. Prabhu bought 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the transaction, the director owned 1,750 shares in the company, valued at approximately $541,992.50. This trade represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.49% of the company’s stock.

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.