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LGT Group Foundation Increases Intuit Stake by 3.1%
Institutional investor adds 2,515 shares to its Intuit holdings in Q3
Published on Mar. 9, 2026
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LGT Group Foundation, an institutional investor, increased its stake in Intuit Inc. (NASDAQ:INTU) by 3.1% during the third quarter, according to a recent SEC filing. The foundation now owns 83,919 shares of the software maker's stock, worth approximately $57 million.
Why it matters
Intuit is a major player in the financial software industry, known for products like QuickBooks, TurboTax, and Mint. The increase in LGT Group Foundation's stake suggests the institutional investor sees continued growth potential in Intuit's business.
The details
According to the filing, LGT Group Foundation acquired an additional 2,515 shares of Intuit during the third quarter, bringing its total holdings to 83,919 shares. This represents a 3.1% increase in the foundation's stake in the company.
- LGT Group Foundation increased its Intuit holdings during the 3rd quarter of 2026.
The players
LGT Group Foundation
An institutional investor that increased its stake in Intuit Inc. by 3.1% in the third quarter of 2026.
Intuit Inc.
A financial software company known for products like QuickBooks, TurboTax, and Mint.
The takeaway
The increase in LGT Group Foundation's Intuit holdings suggests the institutional investor sees continued growth potential in the financial software company, which could signal positive sentiment around Intuit's business outlook.
