Intuit Inc. $INTU Shares Bought by Nissay Asset Management Corp Japan

Posted by Geri Gentry on Aug 29th, 2026

Nissay Asset Management Corp Japan grew its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 81,911 shares of the software maker’s stock after purchasing an additional 4,736 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Intuit were worth $21,379,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Intesa Sanpaolo Wealth Management purchased a new position in Intuit in the 4th quarter valued at about $25,000. Fiduciary Financial Advisors acquired a new position in shares of Intuit in the second quarter worth about $25,000. Osbon Capital Management LLC acquired a new position in shares of Intuit in the second quarter worth about $26,000. MidFirst Bank purchased a new position in Intuit in the second quarter valued at about $28,000. Finally, HHM Wealth Advisors LLC boosted its holdings in Intuit by 75.0% in the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after purchasing an additional 30 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Management’s planned strategy to reduce initial revenue per TurboTax do-it-yourself customer could help restore customer volume and support longer-term growth. The approach suggests the weakness is a strategic reset focused on winning back users rather than an immediate deterioration in the overall business. Intuit is Lowering TurboTax Revenue per User to Win Customers
Positive Sentiment: Analysts and investors continue to point to Intuit’s mid-market expansion, artificial-intelligence adoption and substantial share repurchases as potential offsets to slower consumer-tax growth. One analysis characterized the earnings reset as a pivot rather than a breakdown in the company’s fundamentals. Intuit’s Earnings Reset May Be More Pivot Than Plunge
Neutral Sentiment: Intuit is reorganizing its reporting structure, with Mailchimp becoming a separate reportable segment beginning in fiscal 2027. This may improve transparency around the company’s different growth engines but does not by itself change financial performance. Mailchimp Becomes a Separate Operating Segment
Negative Sentiment: TurboTax underperformance and competitive pricing pressure remain the primary concerns. Fiscal 2027 revenue growth is expected at only 9% to 10%, with TurboTax growth projected at 2% to 3%; near-term revenue guidance also trailed analyst estimates. Intuit’s Real Problem Is Not on Its Income Statement
Negative Sentiment: Several firms lowered their ratings or price targets, including downgrades from Bank of America, JPMorgan and Wolfe Research and target reductions from Oppenheimer and Truist. The analyst actions reflect concern that the slower-growth outlook warrants a lower valuation.
Negative Sentiment: Multiple law firms publicized securities-fraud class-action deadlines for September 8, alleging that Intuit misrepresented the strength of its tax-related business. These announcements add reputational and potential legal overhang, although the allegations have not been proven.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wells Fargo & Company dropped their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a report on Wednesday. TD Cowen reissued a “buy” rating on shares of Intuit in a research note on Tuesday, August 18th. HSBC decreased their target price on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Argus dropped their price target on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, Piper Sandler lifted their price target on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a report on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Hold” and a consensus target price of $434.68.

View Our Latest Stock Report on Intuit

Insider Buying and Selling

In related news, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the 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 directly owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,146 shares of company stock worth $662,666 in the last quarter. Company insiders own 2.49% of the company’s stock.

Intuit Stock Performance

INTU stock opened at $358.06 on Friday. The company has a 50-day simple moving average of $307.36 and a 200 day simple moving average of $356.70. The company has a market capitalization of $97.94 billion, a P/E ratio of 21.70, a PEG ratio of 0.90 and a beta of 0.97. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $705.08.

Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter last year, the company earned $2.75 EPS. Intuit’s quarterly revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts predict that Intuit Inc. will post 23 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio (DPR) is 29.09%.

Intuit Profile

(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.