J. Safra Sarasin Holding AG Buys 24,402 Shares of Intuit Inc. $INTU

J. Safra Sarasin Holding AG grew its stake in shares of Intuit Inc. (NASDAQ:INTU) by 831.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,337 shares of the software maker’s stock after acquiring an additional 24,402 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Intuit were worth $11,817,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in INTU. Joseph Group Capital Management bought a new stake in Intuit in the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in Intuit during the 4th quarter valued at $25,000. HHM Wealth Advisors LLC lifted its holdings in shares of Intuit by 75.0% during the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after buying an additional 30 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of Intuit in the 1st quarter worth $30,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Intuit in the 1st quarter worth $32,000. 83.66% of the stock is currently owned by institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is stepping up capital returns, with surging cash flow supporting bigger buybacks, an $8 billion repurchase program, and continued AI investment—signals that can help support long-term earnings growth and shareholder value. Intuit Steps Up Capital Returns: Can Growth Follow Through?
• Positive Sentiment: Several commentary pieces argued Intuit looks undervalued or that bearish views may have been too pessimistic, which could attract value-oriented buyers if sentiment keeps improving. Is Intuit (INTU) Still Undervalued After A 64% Drop?
• Positive Sentiment: Intuit was added to multiple Russell value indexes, reinforcing the market’s view that the stock now screens more like a value name than a pure growth story. Intuit (INTU) Joins Value Indexes, Is The Stock Now Cheap?
• Neutral Sentiment: Short-interest data showed no meaningful short position as of July 10, so this update does not appear to be a major trading catalyst.
• Negative Sentiment: Some recent coverage noted a rotation out of tech stocks and broader weakness in high-multiple names, which has weighed on INTU alongside the sector. Selling Winners, Buying Losers: Tech Stocks Drop as Energy Jumps to Start H2
• Negative Sentiment: Analyst downgrades from Stifel and Goldman added pressure, reminding investors that some on Wall Street still see valuation and growth risks. Stifel and Goldman Cut Intuit (INTU) Ratings

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director directly owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 500 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was acquired at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the purchase, the director directly owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 1,239 shares of company stock worth $348,354 in the last three months. 2.49% of the stock is owned by corporate insiders.

Intuit Price Performance

INTU opened at $274.96 on Monday. The stock has a market cap of $75.21 billion, a price-to-earnings ratio of 16.65, a price-to-earnings-growth ratio of 1.01 and a beta of 1.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm’s fifty day moving average is $314.01 and its 200 day moving average is $418.31. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, sell-side analysts forecast that Intuit Inc. will post 18.19 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, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Analysts Set New Price Targets

A number of research firms recently commented on INTU. Susquehanna reduced their price objective on Intuit from $640.00 to $550.00 and set a “positive” rating for the company in a research report on Friday, May 22nd. Citigroup dropped their target price on Intuit from $649.00 to $591.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. HSBC cut their price target on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. BNP Paribas Exane lowered their price objective on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $275.00 price objective (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Twenty-two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $498.40.

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.