Generali Investments Management Co LLC Decreases Position in Intuit Inc. $INTU

Generali Investments Management Co LLC trimmed its position in Intuit Inc. (NASDAQ:INTU) by 29.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,227 shares of the software maker’s stock after selling 2,234 shares during the quarter. Generali Investments Management Co LLC’s holdings in Intuit were worth $1,364,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Intuit in the fourth quarter worth approximately $3,058,407,000. Arrowstreet Capital Limited Partnership raised its stake in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after purchasing an additional 1,972,719 shares during the last quarter. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the 1st quarter valued at $785,564,000. Amundi lifted its holdings in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after purchasing an additional 484,602 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after purchasing an additional 471,451 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: AI-powered Enterprise Suite expands growth opportunity: Intuit launched an AI-native Enterprise Suite with Citrin Cooperman Advisors aimed at transforming financial and back-office operations for mid-sized businesses. The companies plan to co-develop AI agents that automate core processes, potentially helping Intuit expand beyond its traditional small-business customer base into the mid-market enterprise-resource-planning market. What Could Intuit New AI ERP Push Mean For Mid Market Growth?
• Neutral Sentiment: Stock outperformed in the latest session: Intuit closed at $334.43 after rising despite a weaker market. The move reflects positive investor momentum, although the report provided no new earnings, guidance, or valuation catalyst. Intuit’s latest reported quarter showed revenue growth and earnings above analyst expectations, while the stock remains well below its 52-week high. Intuit Increases Despite Market Slip
• Negative Sentiment: Securities-fraud litigation remains a risk: Several law firms reminded investors of a September 8, 2026 deadline to seek lead-plaintiff status in a class-action lawsuit covering purchases made from August 22, 2025, through May 20, 2026. The allegations involve potential misstatements or omissions concerning the strength of Intuit’s tax-related business. The repeated notices may pressure sentiment and raise potential legal costs, although the announcements themselves do not establish liability. Intuit Securities Fraud Class Action Alert

Insider Buying and Selling

In other news, Director Vasant M. Prabhu purchased 1,250 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the purchase, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. This trade represents a 2.67% 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 have sold a total of 1,239 shares of company stock valued at $348,354 in the last ninety days. 2.49% of the stock is currently owned by corporate insiders.

Intuit Stock Up 2.8%

Shares of INTU opened at $334.43 on Tuesday. The firm has a market cap of $91.48 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.03 and a beta of 0.97. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $750.55. The company’s 50-day moving average price is $289.42 and its 200 day moving average price is $370.47. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU) last announced its earnings results 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. The company had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. Intuit’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $11.65 earnings per share. 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 18.18 earnings per share for the current year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Intuit from $425.00 to $360.00 and set an “equal weight” rating for the company in a research report on Thursday, May 21st. Erste Group Bank upgraded shares of Intuit to a “hold” rating in a research report on Monday, April 27th. Jefferies Financial Group dropped their price objective on shares of Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Bank of America assumed coverage on shares of Intuit in a report on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price objective for the company. Finally, The Goldman Sachs Group lowered shares of Intuit from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $519.00 to $276.00 in a research note on Tuesday, June 2nd. Nineteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $460.45.

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.