Intuit Inc. $INTU Holdings Trimmed by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC decreased its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 76.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 443 shares of the software maker’s stock after selling 1,429 shares during the quarter. 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 have also modified their holdings of the company. Mcrae Capital Management Inc. boosted its position in Intuit by 0.7% during the second quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock valued at $1,723,000 after purchasing an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC raised its position in Intuit by 2.1% during the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after acquiring an additional 15 shares in the last quarter. BetterWealth LLC lifted its stake in Intuit by 3.8% in the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after acquiring an additional 15 shares during the last quarter. Sachetta LLC grew its position in Intuit by 23.8% in the third quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after acquiring an additional 15 shares in the last quarter. Finally, Clearstead Trust LLC lifted its stake in shares of Intuit by 1.9% in the 2nd quarter. Clearstead Trust LLC now owns 862 shares of the software maker’s stock valued at $679,000 after purchasing an additional 16 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on INTU. Deutsche Bank Aktiengesellschaft cut their target price on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Argus cut their price objective on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research note on Wednesday. Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. Truist Financial began coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price objective for the company. Finally, Royal Bank Of Canada dropped their target price on shares of Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Twenty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $654.07.

Key Headlines Impacting Intuit

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 Price Performance

Shares of NASDAQ:INTU opened at $440.14 on Thursday. The firm has a market capitalization of $121.72 billion, a PE ratio of 28.51, a PEG ratio of 1.76 and a beta of 1.26. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The business’s 50 day moving average is $511.47 and its 200-day moving average is $611.47.

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

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Intuit’s dividend payout ratio (DPR) is presently 31.09%.

Insider Activity

In other news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This trade represents a 0.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 269,596 shares of company stock worth $178,119,764. Corporate insiders own 2.49% of the company’s stock.

Intuit Company 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.