EFG International AG Invests $786,000 in Intuit Inc. $INTU

Posted by Stanley Muller on Aug 28th, 2026

EFG International AG acquired a new position in Intuit Inc. (NASDAQ:INTU – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,011 shares of the software maker’s stock, valued at approximately $786,000.

A number of other hedge funds also recently bought and sold shares of the company. Betterment LLC grew its stake in shares of Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares during the period. One Capital Management LLC lifted its stake in shares of Intuit by 2.7% in the 3rd quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock worth $465,000 after purchasing an additional 18 shares during the period. Quadcap Wealth Management LLC lifted its stake in shares of Intuit by 1.0% in the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after purchasing an additional 18 shares during the period. Prentice Wealth Management LLC boosted its holdings in shares of Intuit by 2.7% in the fourth quarter. Prentice Wealth Management LLC now owns 850 shares of the software maker’s stock worth $563,000 after buying an additional 22 shares during the last quarter. Finally, Washington Trust Bank boosted its holdings in shares of Intuit by 3.0% in the fourth quarter. Washington Trust Bank now owns 790 shares of the software maker’s stock worth $523,000 after buying an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $348.00 on Friday. The stock has a market cap of $95.19 billion, a PE ratio of 21.09, a price-to-earnings-growth ratio of 1.08 and a beta of 0.97. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $705.08. The firm has a fifty day moving average price of $305.53 and a 200-day moving average price of $356.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. Intuit’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities analysts anticipate that Intuit Inc. will post 21.06 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. This is a positive change from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. Intuit’s dividend payout ratio is currently 29.07%.

Insider Activity

In related news, Director Richard L. Dalzell sold 284 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the sale, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,239 shares of company stock worth $348,354 in the last three months. Company insiders own 2.49% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit exceeded fiscal Q4 expectations, reporting adjusted EPS of $4.03 versus the $3.58 consensus and revenue of $4.35 billion versus $4.27 billion. Revenue increased 13.7% year over year, providing evidence that the core business remains profitable and resilient. Intuit Q4 Revenues Rise
Positive Sentiment: The board raised Intuit’s quarterly dividend 15% to $1.38 per share, signaling confidence in cash generation and returning more capital to shareholders.
Positive Sentiment: Management highlighted adoption of its AI products, saying 75% of enterprise customers use Intuit AI agents monthly. Bulls view the expanding AI platform and planned customer-acquisition investments as potential long-term growth drivers. Intuit AI Agent Adoption
Neutral Sentiment: Intuit is pursuing a strategic “reset to reaccelerate” customer growth, including broader QuickBooks access and changes to TurboTax pricing. The plan could strengthen market share over time, but it is expected to pressure near-term revenue and margins. Intuit Expects Revenue Deceleration
Neutral Sentiment: Analysts remain divided: TD Cowen maintained a Hold with a $346 target, while Oppenheimer retained Outperform at $380. This reflects uncertainty over whether the investment cycle will produce renewed growth.
Negative Sentiment: Fiscal 2027 revenue guidance of approximately $23.28 billion to $23.51 billion, representing 9%–10% growth, fell below Wall Street expectations and marked a slowdown from recent growth rates. Concerns about TurboTax pricing pressure, customer losses and possible AI disruption overshadowed the Q4 beat. Intuit Fiscal 2027 Guidance
Negative Sentiment: JPMorgan and Wolfe Research downgraded the stock, citing weaker growth prospects, while multiple firms cut price targets. In addition, several law firms publicized a securities class action alleging misleading statements about TurboTax growth and competitive pressures, with a September 8 lead-plaintiff deadline. Intuit Securities Class Action

Wall Street Analysts Forecast Growth

A number of analysts have commented on INTU shares. Stifel Nicolaus set a $300.00 target price on shares of Intuit in a report on Wednesday. Freedom Capital cut shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Susquehanna cut their price objective on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday. Citigroup reduced their price objective on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuit has an average rating of “Hold” and an average price target of $434.68.

Read Our Latest Research Report 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.