Intuit Inc. $INTU Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,165 shares of the software maker’s stock after purchasing an additional 1,860 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Intuit were worth $71,651,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fort Sheridan Advisors LLC increased its holdings in shares of Intuit by 2.1% in the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares during the last quarter. BetterWealth LLC grew its holdings in Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after buying an additional 15 shares in the last quarter. Sachetta LLC grew its holdings in Intuit by 23.8% in the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after buying an additional 15 shares in the last quarter. Vance Wealth LLC increased its stake in shares of Intuit by 1.5% in the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock worth $879,000 after acquiring an additional 16 shares during the last quarter. Finally, PUREfi Wealth LLC raised its holdings in shares of Intuit by 4.5% during the 3rd quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock worth $252,000 after acquiring an additional 16 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INTU has been the subject of several recent analyst reports. Oppenheimer cut their price objective on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a research note on Friday, February 27th. The Goldman Sachs Group cut their price target on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a research report on Sunday, February 22nd. Finally, Daiwa Securities Group decreased their price objective on Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on 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 directly owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the sale, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 44,403 shares of company stock valued at $28,735,492. Corporate insiders own 2.49% of the company’s stock.

Intuit Trading Up 3.0%

Shares of INTU stock opened at $429.03 on Tuesday. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The firm has a market cap of $118.65 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 1.67 and a beta of 1.27. The company has a 50-day moving average of $445.91 and a two-hundred day moving average of $582.43. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the firm earned $3.32 EPS. The business’s 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. On average, analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, April 9th. 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.