Global X Japan Co. Ltd. Purchases 15,569 Shares of Intuit Inc. $INTU

Global X Japan Co. Ltd. boosted its position in shares of Intuit Inc. (NASDAQ:INTU) by 52.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,014 shares of the software maker’s stock after purchasing an additional 15,569 shares during the quarter. Intuit comprises about 2.3% of Global X Japan Co. Ltd.’s portfolio, making the stock its 12th biggest position. Global X Japan Co. Ltd.’s holdings in Intuit were worth $29,818,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of INTU. Sagard Holdings Management Inc. bought a new position in shares of Intuit during the 2nd quarter worth $28,000. MTM Investment Management LLC raised its holdings in shares of 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 in the last quarter. Total Investment Management Inc. bought a new stake in shares of Intuit in the second quarter valued at about $33,000. Pin Oak Investment Advisors Inc. purchased a new stake in Intuit in the third quarter worth about $33,000. Finally, Kilter Group LLC purchased a new stake in Intuit in the second quarter worth about $35,000. 83.66% of the stock is owned by institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Retail and research interest has spiked for Intuit recently—higher search and engagement can draw incremental flows and amplify short-term demand. Investors Heavily Search Intuit Inc. (INTU)
• Positive Sentiment: Comparisons with peers highlight Intuit’s AI-driven ecosystem (QuickBooks, TurboTax) as a competitive edge vs. other fintech/software names — a narrative investors favor for durable revenue/monetization. Block vs Intuit: Which Fintech Stock is the Better Buy Now?
• Neutral Sentiment: Analyst notes show Intuit’s “investment story” is shifting: modest upward tweaks to fair value and strong AI hopes are tempered by questions on competition and how much upside remains in guidance. This is background for longer-term positioning rather than an immediate trigger. How The Intuit (INTU) Investment Story Is Shifting With AI Hopes And Valuation Reset
• Neutral Sentiment: Valuation analyses highlight recent volatility (mixed short- and medium-term returns) — investors are debating whether recent gains reflect a durable re-rate or a short-lived momentum move. Assessing Intuit (INTU) Valuation After Recent Share Price Swings And Undervaluation Debate
• Neutral Sentiment: Tax-refund coverage notes mixed signals on refund sizes this year—any material downside to refund volumes could pressure TurboTax seasonality, but headlines say outcomes may differ from expectations. Monitor seasonality/filing trends. Most Americans Expect Lower Tax Refunds in 2026 — but Here’s Why Many Will Get More
• Negative Sentiment: Broader software-sector weakness and rotation in the AI era has pressured many software names; analysts urge more selective picks — this macro/sector pressure can cap multiple expansion for Intuit even if fundamentals remain solid. Software Stocks Fall, Hardware Falls Harder. What to Know in the Stock Market’s AI Era.

Insider Activity

In other Intuit news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction 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 transaction, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 119,403 shares of company stock valued at $79,242,742 in the last ninety days. 2.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Mizuho cut their target price 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 lowered their price target 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. Scotiabank set a $575.00 price objective on shares of Intuit in a research note on Friday, March 6th. Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Finally, The Goldman Sachs Group reduced their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $638.06.

Intuit Stock Performance

Shares of Intuit stock opened at $432.55 on Friday. The company has a market capitalization of $119.62 billion, a PE ratio of 28.01, a P/E/G ratio of 1.72 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The company has a 50-day simple moving average of $450.81 and a two-hundred day simple moving average of $586.94. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period last year, the business earned $3.32 EPS. The company’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. Research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

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

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.