Brookstone Capital Management Has $15.40 Million Stock Position in Intuit Inc. $INTU

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

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Intuit in the 2nd quarter valued at approximately $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit during the 1st quarter valued at $785,564,000. Winslow Capital Management LLC acquired a new stake in Intuit during the 2nd quarter valued at $782,677,000. Swedbank AB lifted its holdings in shares of Intuit by 575.4% in the third quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock valued at $602,023,000 after purchasing an additional 751,027 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Intuit by 13.2% in the second quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker’s stock worth $2,745,492,000 after buying an additional 407,078 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTU has been the topic of several recent analyst reports. Evercore ISI reissued an “outperform” rating and set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Daiwa Capital Markets upped their target price on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Wells Fargo & Company reduced their price target on shares of Intuit from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Friday, November 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research report on Friday, November 21st. Finally, Rothschild & Co Redburn increased their target price on shares of Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $796.60.

Intuit Price Performance

Shares of INTU opened at $674.41 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $187.67 billion, a PE ratio of 46.10, a PEG ratio of 2.76 and a beta of 1.27. The firm’s 50 day moving average price is $659.16 and its 200 day moving average price is $699.68. Intuit Inc. has a twelve month low of $532.65 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $3.76 billion. During the same quarter in the prior year, the business posted $2.50 EPS. Intuit’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, research analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.7%. Intuit’s dividend payout ratio is currently 32.81%.

Insider Activity at Intuit

In related 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 completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,170 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer owned 1,295 shares in the company, valued at approximately $876,792.70. This trade represents a 47.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 270,897 shares of company stock valued at $177,368,310. Corporate insiders own 2.49% of the company’s stock.

Intuit News Summary

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 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.