Abner Herrman & Brock LLC Lowers Stock Position in Intuit Inc. $INTU

Abner Herrman & Brock LLC lessened its position in shares of Intuit Inc. (NASDAQ:INTU) by 28.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,065 shares of the software maker’s stock after selling 8,613 shares during the quarter. Intuit makes up 1.5% of Abner Herrman & Brock LLC’s holdings, making the stock its 29th biggest position. Abner Herrman & Brock LLC’s holdings in Intuit were worth $14,616,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sagard Holdings Management Inc. acquired a new position in Intuit in the 2nd quarter worth about $28,000. MTM Investment Management LLC raised its stake in shares of Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after buying an additional 27 shares during the period. Total Investment Management Inc. acquired a new position in shares of Intuit during the 2nd quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Intuit during the 3rd quarter valued at approximately $33,000. Finally, Kilter Group LLC purchased a new position in shares of Intuit during the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Morgan Stanley named Intuit a “Top Pick,” a high-visibility endorsement that drove buying interest by highlighting Intuit’s tax-season visibility and growth outlook. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Company leadership halted planned insider stock sales and Intuit is stepping up share buybacks — a signal management is prioritizing shareholder returns and reducing potential supply pressure from insider selling. Intuit steps up share buybacks as leadership halts planned stock sales
• Positive Sentiment: BNP Paribas Exane upgraded Intuit, reinforcing the bullish analyst tone and likely supporting demand from institutional investors. Intuit (NASDAQ:INTU) Stock Rating Upgraded by BNP Paribas Exane
• Neutral Sentiment: Wall Street coverage remains favorable overall (multiple outlets aggregating analyst buy/hold recommendations), which sustains interest but may already be priced in. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Neutral Sentiment: Morgan Stanley notes Intuit’s fiscal Q3 results could act as a catalyst by clarifying tax-season trends — a near-term event investors should watch for confirmation of demand. Intuit Fiscal Q3 Seen as Catalyst for Tax-Season Visibility, Growth, Morgan Stanley Says
• Neutral Sentiment: CEO Sasan Goodarzi gave TV interviews explaining the canceled insider sales and broader strategy — useful context but not a direct earnings update. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Negative Sentiment: Intuit’s accelerated QuickBooks Desktop exit is testing customer loyalty and opening the door for competitors (e.g., Xero) to poach customers — a potential longer-term headwind to small-business retention and revenue if migrations accelerate. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users

Intuit Trading Up 1.9%

Shares of INTU stock opened at $455.24 on Friday. The stock’s fifty day moving average is $466.88 and its two-hundred day moving average is $594.81. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market capitalization of $125.90 billion, a P/E ratio of 29.48, a PEG ratio of 1.80 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.

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

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a $1.20 dividend. The ex-dividend date 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 is 31.09%.

Analyst Ratings Changes

INTU has been the subject of several recent analyst reports. Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. KeyCorp decreased their price objective on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Scotiabank set a $575.00 target price on shares of Intuit in a research report on Friday, March 6th. Argus cut their target price on shares of Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Finally, TD Cowen restated a “buy” rating on shares of Intuit in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Intuit has an average rating of “Moderate Buy” and an average price target of $638.06.

Insider Buying and Selling

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the transaction, the director owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the sale, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 119,403 shares of company stock worth $79,242,742 in the last three months. Company 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.