Fundsmith Investment Services LTD. Has $128.74 Million Stock Position in Intuit Inc. $INTU

Fundsmith Investment Services LTD. grew its stake in shares of Intuit Inc. (NASDAQ:INTU) by 65.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 188,514 shares of the software maker’s stock after buying an additional 74,446 shares during the quarter. Intuit makes up 2.0% of Fundsmith Investment Services LTD.’s holdings, making the stock its 19th biggest holding. Fundsmith Investment Services LTD. owned approximately 0.07% of Intuit worth $128,738,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Tortoise Investment Management LLC boosted its holdings in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Sagard Holdings Management Inc. bought a new stake in Intuit during the 2nd quarter worth $28,000. MTM Investment Management LLC increased its holdings in Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares in the last quarter. Total Investment Management Inc. acquired a new position in Intuit in the 2nd quarter worth about $33,000. Finally, Kilter Group LLC bought a new position in Intuit in the second quarter valued at about $35,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s 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 sale, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Scott D. Cook sold 75,000 shares of the 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 sale, the director owned 5,669,584 shares of the company’s stock, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,501 shares of company stock worth $79,983,892 over the last ninety days. Corporate insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. KeyCorp cut their price target on Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Susquehanna lowered their price objective on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research note on Tuesday, February 24th. Daiwa Securities Group dropped their price objective on shares of Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. TD Cowen reduced their target price on shares of Intuit from $658.00 to $633.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Citigroup decreased their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $634.26.

Intuit Price Performance

Shares of INTU opened at $439.96 on Friday. The business has a 50-day moving average of $482.31 and a 200-day moving average of $600.67. 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 company has a market capitalization of $121.67 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 1.75 and a beta of 1.26. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating 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 business 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 company’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, equities research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. Intuit’s dividend payout ratio is 31.09%.

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.