Bank Julius Baer & Co. Ltd Zurich Reduces Stock Holdings in Intuit Inc. $INTU

Bank Julius Baer & Co. Ltd Zurich lowered its position in Intuit Inc. (NASDAQ:INTU) by 2.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 250,076 shares of the software maker’s stock after selling 5,528 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Intuit were worth $165,992,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. NEOS Investment Management LLC increased its position in shares of Intuit by 63.8% in the third 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 in the last quarter. Varma Mutual Pension Insurance Co increased its position in shares of Intuit by 8.7% in the third 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 in the last quarter. Nicholson Wealth Management Group LLC purchased a new stake in Intuit during the 3rd quarter worth about $1,465,000. Crossmark Global Holdings Inc. increased its position in Intuit by 15.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after purchasing an additional 6,503 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its position in Intuit by 50.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock worth $21,765,000 after purchasing an additional 10,661 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Wall Street Analyst Weigh In

INTU has been the subject of a number of recent research reports. Susquehanna dropped their price objective on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research report on Tuesday, February 24th. UBS Group dropped their price objective on Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Stifel Nicolaus dropped their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Intuit in a research report on Sunday, April 19th. Finally, Oppenheimer dropped their price objective on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research 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, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the sale, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.49% of the stock is owned by company insiders.

Intuit Stock Down 4.1%

INTU opened at $371.71 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $102.80 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.04. The business has a 50-day moving average of $415.65 and a two-hundred day moving average of $524.25. Intuit Inc. has a 12 month low of $342.11 and a 12 month high of $813.70.

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

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were issued a $1.20 dividend. The ex-dividend date was Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.3%. Intuit’s payout ratio is 31.09%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced enhancements to Intuit Enterprise Suite and launched QuickBooks Workforce, expanding its AI-powered HR and financial management tools for mid-market and small business customers. Intuit Unlocks New Phase of Growth for Mid-Market Businesses, Combining Data and AI to Drive Faster, More Profitable Decisions
• Positive Sentiment: Wall Street articles highlighted that analysts see roughly 60% upside potential for INTU based on consensus price targets and improving earnings estimate revisions. Wall Street Analysts Believe Intuit (INTU) Could Rally 60.13%: Here’s is How to Trade
• Positive Sentiment: Several market commentary pieces framed Intuit as a beneficiary of the accelerating digital payments and AI software trend, which supports the company’s long-term growth story. Top Mobile Payments Stocks to Buy in an Accelerating Digital Era
• Neutral Sentiment: A new Vapi funding story noted that Intuit is among the enterprise customers using its voice AI platform, but this appears more informational than material for near-term earnings. Why Intuit (INTU) Dipped More Than Broader Market Today
• Negative Sentiment: Articles focused on Intuit’s 42.8% drop over the past six months, citing Mailchimp weakness, rising costs, and investor concern that strong AI and mid-market gains may not be enough to offset pressure in other parts of the business. Is INTU Stock a Buy, Hold or Sell After Its 42.8% Plunge in 6 Months?
• Negative Sentiment: Intuit was also mentioned in a broader software selloff article, suggesting the stock has been caught up in sector-wide weakness rather than only company-specific news. Marqeta, Toast, Dolby Laboratories, Intuit, and GoDaddy shares plummet, what you need to know

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.