Mitsubishi UFJ Asset Management Co. Ltd. Takes $184.81 Million Position in Intuit Inc. $INTU

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Intuit Inc. (NASDAQ:INTU) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 707,950 shares of the software maker’s stock, valued at approximately $184,808,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.26% of Intuit at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Betterment LLC lifted its position in shares of Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after buying an additional 16 shares in the last quarter. One Capital Management LLC lifted its position in shares of Intuit by 2.7% during the 3rd quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after buying an additional 18 shares in the last quarter. Quadcap Wealth Management LLC lifted its position in shares of Intuit by 1.0% during the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock valued at $1,230,000 after buying an additional 18 shares in the last quarter. United Asset Strategies Inc. lifted its position in shares of Intuit by 1.0% during the 4th quarter. United Asset Strategies Inc. now owns 2,036 shares of the software maker’s stock valued at $1,349,000 after buying an additional 20 shares in the last quarter. Finally, Sage Private Wealth Group LLC lifted its position in shares of Intuit by 2.8% during the 4th quarter. Sage Private Wealth Group LLC now owns 802 shares of the software maker’s stock valued at $531,000 after buying an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Intuit Trading Up 0.4%

Shares of NASDAQ INTU traded up $1.34 during trading on Monday, hitting $359.40. 1,871,193 shares of the company were exchanged, compared to its average volume of 4,382,581. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $705.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. The company has a fifty day moving average price of $307.36 and a 200-day moving average price of $356.13. The firm has a market capitalization of $98.31 billion, a PE ratio of 21.78, a P/E/G ratio of 0.92 and a beta of 0.97.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the firm earned $2.75 EPS. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts expect that Intuit Inc. will post 23.07 EPS for the current year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. This is a boost from Intuit’s previous quarterly dividend of $1.20. Intuit’s payout ratio is presently 33.45%.

Analyst Ratings Changes

A number of brokerages have weighed in on INTU. HSBC decreased their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Royal Bank Of Canada decreased their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Morgan Stanley decreased their price objective on Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 26th. KeyCorp set a $400.00 price objective on Intuit in a report on Wednesday, August 26th. Finally, Wolfe Research lowered Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Intuit presently has a consensus rating of “Hold” and an average target price of $434.68.

Insider Buying and Selling at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. The trade was a 35.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the sale, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,146 shares of company stock worth $662,666. Insiders own 2.49% of the company’s stock.

About Intuit

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.