Intuit Inc. $INTU Shares Purchased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB raised its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 134,648 shares of the software maker’s stock after purchasing an additional 1,682 shares during the period. Intuit comprises about 2.1% of E. Ohman J or Asset Management AB’s portfolio, making the stock its 9th largest holding. E. Ohman J or Asset Management AB’s holdings in Intuit were worth $89,194,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capital Asset Advisory Services LLC boosted its holdings in shares of Intuit by 12.8% in the 4th quarter. Capital Asset Advisory Services LLC now owns 4,971 shares of the software maker’s stock valued at $3,217,000 after buying an additional 563 shares during the period. SG Americas Securities LLC raised its stake in Intuit by 90.1% during the fourth quarter. SG Americas Securities LLC now owns 248,030 shares of the software maker’s stock worth $164,300,000 after acquiring an additional 117,570 shares during the period. Assenagon Asset Management S.A. lifted its holdings in Intuit by 155.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 270,840 shares of the software maker’s stock worth $179,410,000 after acquiring an additional 164,802 shares during the last quarter. Affinity Capital Advisors LLC bought a new position in Intuit in the fourth quarter worth about $206,000. Finally, Carr Financial Group Corp acquired a new position in Intuit in the fourth quarter valued at approximately $252,000. 83.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on INTU. Scotiabank set a $575.00 price target on Intuit in a research report on Friday, March 6th. Susquehanna reduced their price objective on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research report on Tuesday, February 24th. Argus dropped their target price on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Stifel Nicolaus cut their target price on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, Wolfe Research set a $550.00 price target on shares of Intuit and gave the company an “outperform” rating in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $638.06.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $457.45 on Tuesday. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The company has a market cap of $126.51 billion, a PE ratio of 29.63, a P/E/G ratio of 1.83 and a beta of 1.27. The stock has a 50 day simple moving average of $459.50 and a 200-day simple moving average of $590.84. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period last year, the firm earned $3.32 EPS. The firm’s revenue 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. On average, equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors 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 dividend yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This represents a 71.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 119,403 shares of company stock worth $79,242,742. 2.49% of the stock is owned by company insiders.

Key Headlines Impacting Intuit

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.