Brevan Howard Capital Management LP Lowers Holdings in Intuit Inc. $INTU

Brevan Howard Capital Management LP lowered its position in shares of Intuit Inc. (NASDAQ:INTU) by 69.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,335 shares of the software maker’s stock after selling 9,995 shares during the period. Brevan Howard Capital Management LP’s holdings in Intuit were worth $2,960,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in INTU. Tortoise Investment Management LLC boosted its stake in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares in the last quarter. Sagard Holdings Management Inc. purchased a new position in shares of Intuit in the 2nd quarter valued at $28,000. MTM Investment Management LLC increased its holdings in shares of Intuit by 135.0% in the 3rd 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 period. Total Investment Management Inc. bought a new position in shares of Intuit in the 2nd quarter worth $33,000. Finally, Kilter Group LLC bought a new position in shares of Intuit in the 2nd quarter worth $35,000. 83.66% of the stock is currently owned by institutional investors.

Insider Activity at Intuit

In related news, Director Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 120,501 shares of company stock worth $79,983,892. Corporate insiders own 2.49% of the company’s stock.

Intuit Trading Up 2.8%

Shares of NASDAQ:INTU opened at $452.31 on Tuesday. The business’s 50-day moving average is $478.68 and its 200 day moving average is $598.30. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70. The firm has a market capitalization of $125.09 billion, a P/E ratio of 29.29, a P/E/G ratio of 1.77 and a beta of 1.26.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the firm earned $3.32 earnings per share. The company’s revenue was up 17.4% on a year-over-year basis. 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 predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.1%. Intuit’s dividend payout ratio is presently 31.09%.

Wall Street Analysts Forecast Growth

INTU has been the topic of a number of recent research reports. BNP Paribas Exane raised Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective on the stock in a research report on Monday. BMO Capital Markets reduced their target price on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Evercore reissued an “outperform” rating and set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. KeyCorp lowered their price target on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Finally, Truist Financial began coverage on shares of Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Company will significantly speed up its existing buyback plan, signaling management believes shares are undervalued and returning cash to shareholders; markets interpreted this as a direct valuation-support action. Intuit Stock Rises On Accelerated Buyback Reports
• Positive Sentiment: Founder and senior executives terminated prescheduled/automated stock-sale plans, a sign of insider confidence and an attempt to stop perceived downward pressure from programmatic insider sales. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
• Positive Sentiment: Management publicly called the stock “meaningfully misaligned” with fundamentals and moved to buy back shares, a clear signal intended to restore investor confidence amid recent weakness. Intuit Halts Management Stock Sales, Accelerates Buybacks
• Positive Sentiment: Street reaction includes fresh bullish notes and higher targets from several firms, reinforcing the view that the pullback may be an opportunity for long-term holders. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Neutral Sentiment: BNP Paribas Exane upgraded INTU from underperform to neutral with a $463 target — a modest endorsement that still leaves limited near‑term upside versus some higher analyst targets. Finviz (BNP Paribas Exane Upgrade)
• Neutral Sentiment: Some media and thematic pieces are pitching Intuit as a buy on the dip (AI/automation tailwinds and recent earnings strength cited), which can attract contrarian long‑term buyers but may not sway short‑term traders. Best 2 Tech Stocks to Buy Now on the Dip
• Negative Sentiment: Broader investor concern that AI and automation could pressure legacy software monetization remains a near‑term headwind for valuation; the management moves aim to counteract those sentiment-driven losses. How Intuit Is Reacting to a Stock Price That It Deems ‘Meaningfully Misaligned’
• Negative Sentiment: Historical insider selling has been heavy (many open‑market disposals over the past year), which some investors note as a caution despite the current halt; institutional portfolio rebalancing has also been material. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks

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.