Mitsubishi UFJ Asset Management Co. Ltd. Buys 34,601 Shares of Intuit Inc. $INTU

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 6.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 615,469 shares of the software maker’s stock after buying an additional 34,601 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Intuit were worth $387,438,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Joseph Group Capital Management bought a new position in shares of Intuit during the fourth quarter worth about $25,000. MTM Investment Management LLC boosted its holdings in Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after acquiring an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Intuit during the 3rd quarter valued at approximately $33,000. Richardson Financial Services Inc. increased its position in Intuit by 70.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock valued at $35,000 after purchasing an additional 21 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC raised its holdings in Intuit by 54.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after purchasing an additional 19 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on 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 owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Mizuho dropped their price target on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. BMO Capital Markets decreased their price objective on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Oppenheimer lowered their target price on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. JPMorgan Chase & Co. dropped their target price on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a report 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 research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $636.10.

Intuit Stock Performance

Shares of INTU opened at $398.32 on Wednesday. The stock has a 50-day moving average of $415.20 and a 200-day moving average of $535.89. Intuit Inc. has a one year low of $342.11 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $110.16 billion, a PE ratio of 25.80, a P/E/G ratio of 1.64 and a beta of 1.04.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the firm posted $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, equities research analysts predict that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit’s payout ratio is 31.09%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Brokerage consensus remains constructive — the average recommendation is roughly a Buy/“Moderate Buy,” which helps cap downside and supports investor confidence. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Coverage is debating whether the stock is attractive after a ~35% one?year decline — the piece lays out both the potential valuation opportunity and the risks that still exist. Is It Time To Reconsider Intuit (INTU) After A 35% One Year Share Price Fall
• Neutral Sentiment: Short-term price action has shown occasional rebounds (recent close previously reported up ~2%), indicating intermittent buying even as broader concerns persist. Intuit (INTU) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Operational news is low impact: an article on QuickBooks Enterprise support and a small TurboTax retail lease are positive for the franchise but unlikely to move the stock materially. Intuit QuickBooks Enterprise Support: Expert Help for Your Business Intuit TurboTax Signs 2.5K-SF Retail Lease at One Willoughby Square
• Neutral Sentiment: Be cautious about conflating similarly named firms: a recent press item about “Intuitive.ai” gaining AWS competency refers to a different company and is not material to Intuit Inc.’s fundamentals. Intuitive.ai achieves AWS Data and Analytics Competency as Enterprises Reassess the Foundations of AI
• Negative Sentiment: Valuation and technical headwinds: the stock is still well below its 200?day moving average and has fallen ~35% in the past year — factors that weigh on momentum and can keep downward pressure until growth visibility improves.
• Negative Sentiment: Analyst ratings may be blunt instruments — several articles note that average broker recommendations can be overly optimistic; if fundamentals or guidance slip, upside could be limited despite the “Buy” consensus. Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?

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.