Capitolis Liquid Global Markets LLC Grows Stock Holdings in Intuit Inc. $INTU

Capitolis Liquid Global Markets LLC boosted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 187.3% during the fourth quarter, Holdings Channel reports. The firm owned 158,000 shares of the software maker’s stock after purchasing an additional 103,000 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in Intuit were worth $104,662,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Aureus Asset Management LLC lifted its position in Intuit by 2.6% during the fourth quarter. Aureus Asset Management LLC now owns 50,165 shares of the software maker’s stock valued at $33,230,000 after purchasing an additional 1,272 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Intuit by 1.7% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 70,819 shares of the software maker’s stock valued at $46,990,000 after purchasing an additional 1,152 shares during the period. Advanced Portfolio Management LLC bought a new position in Intuit during the fourth quarter valued at approximately $445,000. Align Financial LLC bought a new position in Intuit during the fourth quarter valued at approximately $1,755,000. Finally, Freestone Grove Partners LP bought a new position in Intuit during the fourth quarter valued at approximately $3,702,000. Institutional investors own 83.66% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit selected Mother New York as its creative-strategic agency partner, aiming to sharpen its positioning as a growth-oriented business solution. Intuit Selects Mother New York As Creative-Strategic Agency Partner
• Positive Sentiment: Intuit named company veteran Tyler Cozzens as its new general counsel, a move that may reassure investors on continuity in legal and governance leadership. Intuit Names Company Veteran Tyler Cozzens as New General Counsel, Succeeding Kerry McLean
• Neutral Sentiment: QuickBooks Premier is being promoted on sale, which is standard product marketing and not a major stock-moving catalyst on its own. Inventory, invoices, reports, and cash flow — QuickBooks Premier is on sale for $399.99
• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, warning that AI could erode TurboTax revenue over time and raising concerns about the company’s long-term growth outlook. Goldman Sachs Downgrades Intuit (INTU) to Sell and Says AI Could Gut TurboTax Revenue by 2030
• Negative Sentiment: Intuit is also facing investor lawsuits and fraud-related investigations tied to pricing issues, adding legal overhang and sentiment pressure on the stock. $INTU Fraud Notice: BFA Law is Investigating Intuit for Securities Fraud over its Pricing Issues – Investors with Losses Notified to Contact the Firm

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. Erste Group Bank upgraded shares of Intuit to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen cut shares of Intuit from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, HSBC lowered their price objective on shares of Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Twenty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and a consensus target price of $511.35.

Insider Activity at Intuit

In other news, Director Vasant M. Prabhu bought 500 shares of Intuit stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $309.71 per share, with a total value of $154,855.00. Following the acquisition, the director owned 1,750 shares of the company’s stock, valued at $541,992.50. The trade was a 40.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $282.20, for a total transaction of $80,144.80. Following the completion of the sale, the director directly owned 12,042 shares of the company’s stock, valued at $3,398,252.40. This represents a 2.30% 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. Insiders sold a total of 955 shares of company stock valued at $273,855 over the last three months. 2.49% of the stock is currently owned by insiders.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $269.08 on Thursday. The firm’s 50 day moving average price is $354.99 and its 200-day moving average price is $465.17. Intuit Inc. has a twelve month low of $268.01 and a twelve month high of $813.70. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $73.60 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 1.03 and a beta of 0.98.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. During the same quarter in the prior year, the business earned $11.65 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts expect that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

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.