Thematics Asset Management Has $7.74 Million Stock Position in Intuit Inc. $INTU

Thematics Asset Management raised its stake in Intuit Inc. (NASDAQ:INTU) by 12.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,327 shares of the software maker’s stock after buying an additional 1,265 shares during the period. Thematics Asset Management’s holdings in Intuit were worth $7,735,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in Intuit by 3.7% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 565 shares of the software maker’s stock worth $386,000 after purchasing an additional 20 shares during the last quarter. Fundsmith Investment Services LTD. lifted its position in shares of Intuit by 65.3% in the 3rd quarter. Fundsmith Investment Services LTD. now owns 188,514 shares of the software maker’s stock worth $128,738,000 after purchasing an additional 74,446 shares during the period. Fundsmith LLP boosted its stake in shares of Intuit by 64.0% in the 3rd quarter. Fundsmith LLP now owns 604,456 shares of the software maker’s stock valued at $412,789,000 after purchasing an additional 235,916 shares during the last quarter. NorthRock Partners LLC increased its position in shares of 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 buying an additional 985 shares during the period. Finally, Prudential PLC increased its position in shares of Intuit by 1.5% during the third quarter. Prudential PLC now owns 39,159 shares of the software maker’s stock worth $26,742,000 after buying an additional 576 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

More Intuit News

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 at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director directly owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 120,501 shares of company stock worth $79,983,892. 2.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Truist Financial began coverage on shares of Intuit in a report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price on the stock. Scotiabank set a $575.00 price target on Intuit in a report on Friday, March 6th. Wall Street Zen lowered Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, Stifel Nicolaus cut their target price on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and a consensus price target of $634.26.

Intuit Price Performance

Shares of INTU opened at $439.96 on Friday. The business’s fifty day moving average is $482.31 and its 200 day moving average is $600.67. Intuit Inc. has a 12-month low of $349.00 and a 12-month 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 stock has a market cap of $121.67 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.75 and a beta of 1.26.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS 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 during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the business posted $3.32 EPS. Intuit’s quarterly 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. Sell-side analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio is currently 31.09%.

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.