Brookstone Capital Management Acquires 20,479 Shares of Intuit Inc. $INTU

Brookstone Capital Management boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 987.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,552 shares of the software maker’s stock after purchasing an additional 20,479 shares during the quarter. Brookstone Capital Management’s holdings in Intuit were worth $15,401,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC lifted its holdings in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares during the last quarter. Westside Investment Management Inc. increased its position in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares during the period. Dogwood Wealth Management LLC raised its stake in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after purchasing an additional 19 shares during the last quarter. Sagard Holdings Management Inc. bought a new stake in Intuit in the 2nd quarter valued at $28,000. Finally, True Wealth Design LLC grew its position in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after purchasing an additional 27 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is being highlighted for accelerating AI initiatives that could expand product capability across QuickBooks, TurboTax and customer-facing workflows — a growth thesis that supports higher multiple expansion and recurring-revenue upside. Intuit bets big on AI, and other tech stories you may have missed
• Positive Sentiment: QuickBooks (Intuit) received an external product accolade as the Best Payroll Solution for UK small businesses — a credibility boost for international SMB penetration and cross-sell potential. Best Payroll Software UK (Jan 2026): QuickBooks Named Best Payroll Solution for UK Small Businesses by Better Business Advice
• Positive Sentiment: Reports of a partnership between Intuit and Circle on stablecoin rails (digital payments rails) could signal new payments/settlement capabilities that expand product stickiness and lower payment friction for customers — a potential long-term revenue/TPV opportunity. Intuit Partners with Circle: The Future of Stablecoins as Digital Dollar Rails
• Positive Sentiment: Analyst and media pieces (Zacks and others) revisiting Wall Street’s bullish stance on Intuit help maintain investor confidence and can support continued demand for shares. Positive analyst coverage often underpins near-term price strength. Is It Worth Investing in Intuit (INTU) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: General marketing/merchant guidance articles (email+SMS integration) surface best practices that may indirectly benefit Intuit’s merchant-facing products but are not company-specific catalysts. How to integrate email and SMS for maximum engagement
• Neutral Sentiment: Short-interest data published for December is effectively zero/invalid in the release (0 shares, NaN change, 0 days-to-cover), so it provides no actionable signal about bearish pressure or potential squeeze. (Internal data entry)
• Negative Sentiment: Parnassus Core Equity Fund disclosed selling INTU after gains — fund selling can create supply headwinds in the near term, especially if other institutions follow suit, although such reallocations are common after price appreciation. Parnassus Core Equity Fund Sold Intuit (INTU) After Share Price Appreciation

Intuit Price Performance

Intuit stock opened at $674.41 on Thursday. The business has a 50 day simple moving average of $659.16 and a 200 day simple moving average of $699.68. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $187.67 billion, a PE ratio of 46.10, a price-to-earnings-growth ratio of 2.76 and a beta of 1.27. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business’s revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given a $1.20 dividend. The ex-dividend date is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. Intuit’s payout ratio is 32.81%.

Analysts Set New Price Targets

A number of brokerages have recently commented on INTU. Daiwa Capital Markets upped their price objective on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Evercore ISI reiterated an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. BMO Capital Markets decreased their price objective on Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Rothschild & Co Redburn upped their target price on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $796.60.

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 1,170 shares of the business’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 value of $792,160.20. Following the transaction, the chief financial officer directly owned 1,295 shares of the company’s stock, valued at $876,792.70. The trade was a 47.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $658.84, for a total value of $49,413,000.00. Following the sale, the director owned 5,893,679 shares in the company, valued at approximately $3,882,991,472.36. This trade represents a 1.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 270,897 shares of company stock worth $177,368,310 over the last ninety days. Corporate insiders own 2.49% of the company’s stock.

About Intuit

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.