Dnca Finance Raises Stock Position in Intuit Inc. $INTU

Dnca Finance raised its position in Intuit Inc. (NASDAQ:INTU) by 61.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,000 shares of the software maker’s stock after purchasing an additional 4,200 shares during the quarter. Dnca Finance’s holdings in Intuit were worth $7,512,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in INTU. Thematics Asset Management increased its holdings in shares of Intuit by 12.6% during the 3rd quarter. Thematics Asset Management now owns 11,327 shares of the software maker’s stock worth $7,735,000 after buying an additional 1,265 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in Intuit by 3.7% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 565 shares of the software maker’s stock valued at $386,000 after acquiring an additional 20 shares during the last quarter. Fundsmith Investment Services LTD. grew its position in Intuit by 65.3% in the third quarter. Fundsmith Investment Services LTD. now owns 188,514 shares of the software maker’s stock worth $128,738,000 after acquiring an additional 74,446 shares during the period. Fundsmith LLP grew its position in Intuit by 64.0% in the third quarter. Fundsmith LLP now owns 604,456 shares of the software maker’s stock worth $412,789,000 after acquiring an additional 235,916 shares during the period. Finally, NorthRock Partners LLC increased its stake in Intuit by 27.0% during the third quarter. NorthRock Partners LLC now owns 4,629 shares of the software maker’s stock worth $3,161,000 after acquiring an additional 985 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

Insider Buying and Selling

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit 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 transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the sale, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 120,501 shares of company stock valued at $79,983,892. Company insiders own 2.49% of the company’s stock.

Intuit Price Performance

Shares of INTU opened at $439.96 on Friday. The company has a market cap of $121.67 billion, a P/E ratio of 28.49, a PEG ratio of 1.75 and a beta of 1.26. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm’s 50 day moving average price is $482.31 and its 200 day moving average price is $600.67.

Intuit (NASDAQ:INTU) last issued its quarterly 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. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s revenue was up 17.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.32 EPS. 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, research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Analyst Ratings Changes

INTU has been the topic of a number of research analyst reports. Barclays reduced their target price on Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Citigroup cut their price objective on Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Argus reduced their price objective on shares of Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. TD Cowen decreased their target price on shares of Intuit from $658.00 to $633.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Mizuho dropped their price target on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $634.26.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.