Meiji Yasuda Asset Management Co Ltd. Purchases Shares of 2,620 Intuit Inc. $INTU

Posted by George Bondi on Aug 26th, 2026

Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,620 shares of the software maker’s stock, valued at approximately $684,000.

Other large investors also recently modified their holdings of the company. Joseph Group Capital Management purchased a new stake in shares of Intuit during the 4th quarter worth about $25,000. Intesa Sanpaolo Wealth Management purchased a new position in Intuit in the fourth quarter valued at approximately $25,000. MidFirst Bank purchased a new position in Intuit in the second quarter valued at approximately $28,000. HHM Wealth Advisors LLC lifted its position in Intuit by 75.0% during the first 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 in the last quarter. Finally, Whipplewood Advisors LLC acquired a new position in Intuit during the first quarter valued at approximately $30,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Trading Down 3.4%

INTU opened at $357.46 on Wednesday. The firm has a market capitalization of $97.78 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.16 and a beta of 0.97. The firm’s 50 day moving average is $302.38 and its 200-day moving average is $357.99. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $705.08. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts expect that Intuit Inc. will post 18.19 EPS for the current fiscal year.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were 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. The trade was a 2.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,239 shares of company stock valued at $348,354. Insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit reported fiscal Q4 revenue of $4.35 billion, up 13.7% year over year and ahead of the roughly $4.27 billion consensus estimate. Adjusted EPS of $4.03 also exceeded expectations near $3.58-$3.59 and increased from $2.75 a year earlier. Intuit Q4 Earnings and Revenues Top Estimates
Positive Sentiment: Fiscal 2026 revenue rose 14% to $21.45 billion, while diluted GAAP EPS increased 20% to $16.46. Credit Karma revenue grew 16%, Global Business Solutions revenue rose 14%, and the company repurchased $5.5 billion of stock during the year. Intuit Q4 Revenue and Fiscal 2026 Results
Positive Sentiment: The board approved a quarterly cash dividend of $1.38 per share, adding shareholder-return support. Intuit Board Declares New Quarterly Cash Dividend

Analyst Ratings Changes

INTU has been the subject of several recent research reports. Oppenheimer dropped their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Truist Financial restated a “hold” rating and set a $350.00 target price (down from $410.00) on shares of Intuit in a report on Monday, August 3rd. Evercore reiterated an “outperform” rating on shares of Intuit in a report on Tuesday, August 18th. UBS Group reissued a “neutral” rating on shares of Intuit in a research report on Tuesday, August 18th. Finally, Freedom Capital cut Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Twenty equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $449.65.

Read Our Latest Stock Analysis on INTU

About Intuit

(Free Report)

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.