Arete Wealth Advisors LLC Has $302,000 Stock Holdings in Intuit Inc. $INTU

Arete Wealth Advisors LLC cut its stake in Intuit Inc. (NASDAQ:INTU) by 76.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 443 shares of the software maker’s stock after selling 1,429 shares during the period. Arete Wealth Advisors LLC’s holdings in Intuit were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Patrick M Sweeney & Associates Inc. boosted its holdings in Intuit by 7.7% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 432 shares of the software maker’s stock worth $295,000 after purchasing an additional 31 shares during the last quarter. APG Asset Management N.V. raised its stake in shares of Intuit by 0.7% during the 3rd quarter. APG Asset Management N.V. now owns 184,886 shares of the software maker’s stock worth $126,260,000 after purchasing an additional 1,300 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in Intuit by 9.9% in the 3rd quarter. Aprio Wealth Management LLC now owns 919 shares of the software maker’s stock valued at $627,000 after purchasing an additional 83 shares during the last quarter. 49 Wealth Management LLC acquired a new stake in shares of Intuit in the third quarter valued at approximately $206,000. Finally, Aviso Financial Inc. boosted its stake in shares of Intuit by 4,423.8% during the 3rd quarter. Aviso Financial Inc. now owns 950 shares of the software maker’s stock worth $649,000 after acquiring an additional 929 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 269,596 shares of company stock valued at $178,119,764. Insiders own 2.49% of the company’s stock.

Intuit Trading Up 1.6%

INTU opened at $440.14 on Thursday. The company’s 50 day moving average price is $511.47 and its two-hundred day moving average price is $611.47. The firm has a market capitalization of $121.72 billion, a price-to-earnings ratio of 28.51, a PEG ratio of 1.76 and a beta of 1.26. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the previous year, the firm posted $3.32 earnings per share. Intuit’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s payout ratio is presently 31.09%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Susquehanna decreased their price objective on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. JPMorgan Chase & Co. decreased their target price on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Mizuho lowered their target price on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday. Finally, Wolfe Research cut their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Twenty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $654.07.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a broad partnership with Anthropic to build customizable AI agents deeply integrated into Intuit products for mid‑market businesses — aimed at automating accounting, tax and operational workflows and accelerating adoption and ARPU expansion. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analysts/commentators arguing Intuit will survive a broader “SaaS‑pocalypse” and that recent weakness creates a buying opportunity have likely drawn investor interest, supporting a rebound as AI integration is highlighted as a competitive moat. Down 47%, Here’s Why Intuit Will Survive the SaaS-Pocalypse.
• Positive Sentiment: Mendelson Consulting was named an official reseller of the Intuit Enterprise Suite, expanding go‑to‑market reach for enterprise products and creating a channel to accelerate sales to larger SMB and mid‑market customers. Mendelson Consulting Named Official Reseller of Intuit Enterprise Suite
• Neutral Sentiment: Coverage and analysis pieces (e.g., Diginomica) emphasize Intuit’s strategy of partnering with major LLM providers (OpenAI/Anthropic) rather than building everything in‑house — a strategic choice that reduces execution risk but leaves some model dependency. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Neutral Sentiment: Several “buy/hold/sell” and roundup articles are discussing the Anthropic tie‑up and Intuit’s longer‑term prospects — they help visibility but are primarily commentary rather than new catalysts. As Intuit Partners with Anthropic, Should You Buy, Sell, or Hold INTU Stock?
• Negative Sentiment: Argus lowered its price target on INTU from $780 to $580 (while keeping a Buy rating). The 31.8% reduction in target trims the analyst‑driven upside and could cap some gains even as sentiment improves. Argus Adjusts Price Target on Intuit to $580 from $780; Maintains Buy

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.