Edmond DE Rothschild Holding S.A. Takes $1.09 Million Position in Intuit Inc. $INTU

Edmond DE Rothschild Holding S.A. bought a new position in Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, Holdings Channel.com reports. The firm bought 4,177 shares of the software maker’s stock, valued at approximately $1,090,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INTU. Joseph Group Capital Management purchased a new stake in Intuit during the 4th quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit in the fourth quarter valued at about $25,000. MidFirst Bank purchased a new position in shares of Intuit in the second quarter valued at about $28,000. HHM Wealth Advisors LLC raised its stake in shares of Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after acquiring an additional 30 shares during the last quarter. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Intuit during the first quarter worth about $30,000. 83.66% of the stock is currently owned by institutional investors.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts are focused on continued momentum in TurboTax Live, Credit Karma and QuickBooks heading into the July 2026 quarter. Strong customer growth, bookings and revenue trends in these businesses could support an earnings beat. Can Intuit’s Key Growth Engines Power Strong Q4 Results?
• Positive Sentiment: Bank of America maintained a Buy rating and its $400 price target, citing Intuit’s durable growth drivers and attractive valuation. Other previews suggest compressed valuation, previously raised guidance and positive expectations could create room for an upside surprise. Intuit: Resilient Growth Drivers and Attractive Valuation Support Buy Rating
• Neutral Sentiment: Wall Street projections for revenue, earnings and key operating metrics will be important because investors are weighing growth against elevated expectations. The company’s actual results and forward guidance may determine whether the pre-earnings optimism holds. Insights Into Intuit Q4: Wall Street Projections for Key Metrics
• Negative Sentiment: Several law firms publicized a securities class action alleging that Intuit and certain executives misled investors about the sustainability of TurboTax growth and failed to disclose competitive and pricing pressures. The allegations have not been proven, but the repeated announcements increase headline and potential litigation risk; September 8 is cited as the lead-plaintiff deadline. Pomerantz Announces Class Action Against Intuit
• Negative Sentiment: Piper Sandler reaffirmed an Underweight rating and assigned a $250 price target, implying substantial downside from recent trading levels. This contrasts with more optimistic analyst views and underscores uncertainty surrounding Intuit’s tax business and valuation. Piper Sandler Intuit Rating

Analyst Upgrades and Downgrades

INTU has been the topic of several recent analyst reports. Northcoast Research cut their target price on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Daiwa Securities Group lowered their price target on Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. Wolfe Research reiterated an “outperform” rating and issued a $400.00 price objective on shares of Intuit in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada reduced their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Twenty analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $451.26.

Intuit Price Performance

Shares of NASDAQ INTU opened at $361.87 on Friday. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $705.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The company’s 50-day moving average is $297.28 and its 200 day moving average is $359.91. The stock has a market capitalization of $98.99 billion, a P/E ratio of 21.92, a P/E/G ratio of 1.15 and a beta of 0.97.

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, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the firm earned $11.65 earnings per share. Intuit’s revenue was up 10.4% on a year-over-year basis. On average, sell-side analysts expect that Intuit Inc. will post 18.18 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Vasant M. Prabhu bought 500 shares of Intuit stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, for a total transaction of $154,855.00. Following the acquisition, the director owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. The trade was a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard L. Dalzell sold 338 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,239 shares of company stock worth $348,354 in the last quarter. Company insiders own 2.49% of the company’s stock.

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.