Intuit Inc. $INTU Shares Bought by Brookstone Capital Management

Brookstone Capital Management lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 3.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,073 shares of the software maker’s stock after acquiring an additional 70 shares during the quarter. Brookstone Capital Management’s holdings in Intuit were worth $1,632,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of INTU. Dogwood Wealth Management LLC increased its position in shares of Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after acquiring an additional 19 shares during the last quarter. Vista Cima Wealth Management LLC purchased a new stake in shares of Intuit during the first quarter worth about $31,000. CBIZ Investment Advisory Services LLC increased its position in shares of Intuit by 1,566.7% during the first quarter. CBIZ Investment Advisory Services LLC now owns 50 shares of the software maker’s stock worth $31,000 after acquiring an additional 47 shares during the last quarter. LGT Financial Advisors LLC purchased a new stake in shares of Intuit during the second quarter worth about $32,000. Finally, TD Capital Management LLC increased its position in shares of Intuit by 511.1% during the first quarter. TD Capital Management LLC now owns 55 shares of the software maker’s stock worth $34,000 after acquiring an additional 46 shares during the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on INTU shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 target price on shares of Intuit in a research report on Tuesday, September 2nd. Citigroup dropped their target price on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Morgan Stanley lowered their price objective on Intuit from $900.00 to $880.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Stifel Nicolaus lowered their price objective on Intuit from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $791.82.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at approximately $876,792.70. This represents a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total value of $220,162.95. Following the transaction, the director directly owned 14,475 shares of the company’s stock, valued at $9,570,146.25. This trade represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,407 shares of company stock valued at $1,614,913. 2.68% of the stock is currently owned by insiders.

Intuit Stock Up 0.8%

Shares of Intuit stock opened at $683.09 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The firm has a market cap of $190.45 billion, a P/E ratio of 49.72, a P/E/G ratio of 2.62 and a beta of 1.25. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The business has a 50-day moving average price of $671.78 and a 200 day moving average price of $697.98.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, beating the consensus estimate of $2.66 by $0.09. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business’s revenue was up 20.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 9th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. This is a boost from Intuit’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Thursday, October 9th. Intuit’s dividend payout ratio is currently 34.93%.

Intuit Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.