Intuit Inc. $INTU is E. Ohman J or Asset Management AB’s 9th Largest Position

E. Ohman J or Asset Management AB lifted its holdings in Intuit Inc. (NASDAQ:INTU) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,648 shares of the software maker’s stock after acquiring an additional 1,682 shares during the period. Intuit makes up 2.1% of E. Ohman J or Asset Management AB’s portfolio, making the stock its 9th biggest position. E. Ohman J or Asset Management AB’s holdings in Intuit were worth $89,194,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. State Street Corp lifted its stake in shares of Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after purchasing an additional 158,456 shares in the last quarter. Norges Bank acquired a new position in shares of Intuit during the second quarter worth about $3,268,830,000. Invesco Ltd. boosted its position in shares of Intuit by 7.8% in the third quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock worth $2,565,810,000 after buying an additional 271,407 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Intuit by 4.8% in the third quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock worth $2,356,040,000 after buying an additional 158,843 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Performance

Intuit stock opened at $457.45 on Tuesday. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock has a market cap of $126.51 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 1.83 and a beta of 1.27. The stock has a 50 day moving average of $459.50 and a 200-day moving average of $590.84.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.32 earnings per share. 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 expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio is 31.09%.

Analyst Ratings Changes

INTU has been the topic of several analyst reports. KeyCorp dropped their target price on Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. TD Cowen reaffirmed a “buy” rating on shares of Intuit in a research report on Monday, March 16th. Wolfe Research set a $550.00 price objective on shares of Intuit and gave the company an “outperform” rating in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, Stifel Nicolaus lowered their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Insider Activity at Intuit

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was 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 directly owned 13,611 shares of the company’s stock, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 119,403 shares of company stock worth $79,242,742. Company insiders own 2.49% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: A federal court ruled for Intuit, lifting prior restrictions on how TurboTax advertises “free” filings — a win that reduces regulatory/legal risk and should let Intuit more aggressively market TurboTax to regain share and cut customer-acquisition friction. Intuit beats FTC in court, ending restrictions on “free” TurboTax ads
• Positive Sentiment: WSJ coverage highlights CEO Sasan Goodarzi’s AI push — investors view Intuit’s AI investments as a multi-year growth lever (improving product stickiness, cross-sell and pricing power). That narrative supports sentiment despite near-term execution questions. Inside Intuit CEO Sasan Goodarzi’s AI Bet
• Positive Sentiment: Analyst consensus and research notes point to meaningful upside vs. current levels — Zacks highlights a mean price-target implying ~37% upside, which can attract buyers seeking analyst-driven gains. Does Intuit (INTU) Have the Potential to Rally 37.73% as Wall Street Analysts Expect?
• Positive Sentiment: Intuit continues to be cited as a mobile-payments/digital-payments play alongside banks and payments firms, reinforcing its positioning in secular digital-payment and SMB-fintech trends that support longer-term growth expectations. Buy 3 Giant Mobile Payments Stocks With Solid Short-Term Price Upside
• Neutral Sentiment: Coverage notes “mixed signals” from the Street — BNP Paribas bumped Intuit to Neutral from Underperform but set a modest $463 target, reflecting cautious conviction: analysts praise growth but remain concerned about valuation and near-term returns. Why Street Sends Mixed Signals on Intuit Inc. (INTU)
• Neutral Sentiment: Policy and media discussion about what “free” means in ads provides context for the legal dispute — useful background but less of an incremental catalyst now that the court lifted restrictions. What does ‘free’ mean, exactly?
• Neutral Sentiment: Survey reporting that many Americans feel financially literate but lack tax confidence is a broader demand signal for tax-prep services; it’s background demand support but not an immediate catalyst. Most Americans feel financially literate, but tax confidence and education gaps persist

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.