AIA Group Ltd Purchases 1,883 Shares of Intuit Inc. $INTU

AIA Group Ltd raised its position in Intuit Inc. (NASDAQ:INTU) by 23.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,932 shares of the software maker’s stock after purchasing an additional 1,883 shares during the period. AIA Group Ltd’s holdings in Intuit were worth $6,783,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in Intuit during the first quarter worth about $785,564,000. Sivia Capital Partners LLC grew its stake in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after acquiring an additional 166 shares during the period. Finally, Florida Financial Advisors LLC increased its holdings in shares of Intuit by 12.2% in the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Trading Down 2.7%

Shares of Intuit stock opened at $446.79 on Thursday. The stock has a market cap of $123.56 billion, a P/E ratio of 28.94, a P/E/G ratio of 1.85 and a beta of 1.26. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The business’s 50 day moving average is $470.83 and its 200-day moving average is $595.79.

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 the consensus estimate 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 analysts’ expectations of $4.53 billion. During the same period last year, the business earned $3.32 earnings per share. The firm’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. Equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

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

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management halted planned insider stock sales and increased buybacks, reducing near-term share supply and signaling confidence from leadership. Intuit leaders cancel stock sales Intuit steps up share buybacks
• Positive Sentiment: Broker support: BNP Paribas Exane upgraded Intuit and Wall Street analysts remain generally constructive, which can help sentiment and buying interest. Intuit Stock Rating Upgraded by BNP Paribas Exane Wall Street Analysts See Intuit (INTU) as a Buy
• Neutral Sentiment: Seasonal promotions for TurboTax (tax-season deals) may help near-term consumer demand but are unlikely to change the longer-term revenue trajectory materially. TurboTax deals: Tax day is almost here!
• Neutral Sentiment: Company messaging: Intuit is publicly pushing back against AI disruption narratives—arguing customers “buy confidence” rather than software—an attempt to calm investors but not an immediate earnings catalyst. Why Intuit says it is insulated from AI disruption
• Negative Sentiment: QuickBooks Desktop sunset is accelerating and rivals (notably Xero via Xendoo/Q2X) are actively targeting migrations; this raises retention and market-share risk for Intuit’s small-business franchise. Intuit Desktop Exit Tests Customer Loyalty
• Negative Sentiment: Policy risk: Senator Warren’s Direct File Act would create a free government-run tax filing option, a longer-term structural threat to TurboTax revenue if enacted and adopted. This is a headline risk investors are watching. Direct File Act of 2026 (QuiverQuant)
• Negative Sentiment: Sector/credit pressure and AI fears: software names have been under pressure from AI disruption concerns and debt-market de-risking, which is spilling over to Intuit despite its earnings strength—investors are repricing growth and risk across the group. Analysis: Debt investors offloading exposure to software

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 120,501 shares of company stock valued at $79,983,892. Company insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on INTU shares. Susquehanna dropped their price target on Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research report on Tuesday, February 24th. Mizuho lowered their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Jefferies Financial Group set a $650.00 target price on shares of Intuit in a report on Sunday, February 22nd. Rothschild & Co Redburn raised shares of Intuit from a “neutral” rating to a “buy” rating and lifted their price target for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. Finally, Argus reduced their price target on shares of Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $638.06.

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.