Bogart Wealth LLC Increases Stock Holdings in Intuit Inc. $INTU

Bogart Wealth LLC boosted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 9,501.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,105 shares of the software maker’s stock after purchasing an additional 7,031 shares during the period. Bogart Wealth LLC’s holdings in Intuit were worth $4,852,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its position in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the 1st quarter valued at $785,564,000. Belpointe Asset Management LLC raised its position in Intuit by 3.5% in the first quarter. Belpointe Asset Management LLC now owns 590 shares of the software maker’s stock valued at $362,000 after purchasing an additional 20 shares during the period. Finally, Modern Wealth Management LLC lifted its stake in shares of Intuit by 104.6% during the first quarter. Modern Wealth Management LLC now owns 892 shares of the software maker’s stock worth $548,000 after purchasing an additional 456 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fundsmith Equity Fund reestablished a stake in Intuit, signaling institutional confidence and potential buying support from a respected long-only investor. Here’s Why Fundsmith Equity Fund Reestablished Its Stake in Intuit (INTU)
• Positive Sentiment: BDO Canada announced a partnership with Intuit QuickBooks to offer integrated services to small and mid-sized businesses — a commercial expansion that could help drive subscription growth and cross-sell opportunities in a key SMB segment. BDO Canada and Intuit QuickBooks Partner…
• Positive Sentiment: Wall Street Zen upgraded Intuit to a “Buy,” which may lend support to the share price if other retail/institutional investors follow. Intuit (NASDAQ:INTU) Raised to “Buy” at Wall Street Zen
• Neutral Sentiment: A short-interest report in the feed shows nonsensical values (0 shares / NaN change), so it provides no clear signal about bearish positioning — treat as unreliable/administrative data. Short Interest Report (source)
• Neutral Sentiment: Intuit published marketing/educational content (QuickBooks tips to scale to £1m and culture/AI pieces) and an interview on marketing funnel strategy — useful for brand/engagement but unlikely to move the stock materially in the short term. Intuit QuickBooks: Five Tips to Scale Your Business to £1m Intuit’s Blueprint for Builder Culture in the Age of AI Intuit’s Thomas Ranese says the funnel isn’t dead…
• Neutral Sentiment: A QuiverQuant article included in the feed is about Intuitive Machines (LUNR), not Intuit (INTU); it appears to be a ticker-mapping or aggregation error and is not relevant to INTU fundamentals. Intuitive Machines Stock (LUNR) Opinions…
• Negative Sentiment: Wells Fargo downgraded Intuit to Equal Weight, a near-term negative catalyst that likely pressured the stock today by reducing buy-side conviction and increasing selling by tactically oriented funds. Intuit (NASDAQ:INTU) Cut to Equal Weight at Wells Fargo & Company

Analyst Ratings Changes

A number of research firms have recently commented on INTU. Wolfe Research reduced their target price on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. The Goldman Sachs Group initiated coverage on shares of Intuit in a report on Monday. They issued a “neutral” rating and a $720.00 price objective on the stock. TD Cowen began coverage on shares of Intuit in a research report on Thursday, January 8th. They issued a “buy” rating and a $802.00 price objective for the company. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Cowen started coverage on Intuit in a research note on Wednesday, January 7th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $784.81.

Intuit Stock Down 1.8%

INTU stock opened at $635.44 on Tuesday. The firm has a market cap of $176.82 billion, a price-to-earnings ratio of 43.43, a PEG ratio of 2.64 and a beta of 1.25. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The firm has a fifty day moving average price of $655.53 and a two-hundred day moving average price of $689.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

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

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.8%. Intuit’s dividend payout ratio (DPR) is 32.81%.

Insider Buying and Selling

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 388,464 shares of company stock worth $255,514,393. Company insiders own 2.49% of the company’s stock.

Intuit Profile

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.