Intuit Inc. $INTU Stock Holdings Lowered by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC lessened its position in Intuit Inc. (NASDAQ:INTU) by 13.7% during the first quarter, Holdings Channel reports. The fund owned 125,578 shares of the software maker’s stock after selling 19,964 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Intuit were worth $51,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Kera Capital Partners Inc. raised its holdings in shares of Intuit by 79.1% during the first quarter. Kera Capital Partners Inc. now owns 1,492 shares of the software maker’s stock valued at $645,000 after buying an additional 659 shares during the last quarter. Gryphon Financial Partners LLC grew its holdings in Intuit by 64.8% in the 1st quarter. Gryphon Financial Partners LLC now owns 2,233 shares of the software maker’s stock worth $966,000 after buying an additional 878 shares in the last quarter. Copeland Capital Management LLC increased its position in Intuit by 65.7% in the 1st quarter. Copeland Capital Management LLC now owns 36,496 shares of the software maker’s stock valued at $15,780,000 after acquiring an additional 14,471 shares during the period. Assetmark Inc. increased its position in Intuit by 36.6% in the 1st quarter. Assetmark Inc. now owns 87,138 shares of the software maker’s stock valued at $37,677,000 after acquiring an additional 23,356 shares during the period. Finally, Gould Asset Management LLC CA acquired a new stake in Intuit in the 1st quarter valued at approximately $208,000. 83.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

INTU has been the subject of a number of analyst reports. BMO Capital Markets reduced their price target on Intuit from $550.00 to $412.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Susquehanna lowered their price target on Intuit from $640.00 to $550.00 and set a “positive” rating on the stock in a report on Friday, May 22nd. Royal Bank Of Canada cut their price objective on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Oppenheimer reduced their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Truist Financial decreased their target price on shares of Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average price target of $490.39.

Insider Activity

In other news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director owned 11,758 shares of the company’s stock, valued at $3,084,358.56. The trade was a 2.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average price of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the acquisition, the director directly owned 1,750 shares in the company, valued at approximately $541,992.50. This represents a 40.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 1,239 shares of company stock worth $348,354. 2.49% of the stock is owned by company insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is being viewed as a long-term AI beneficiary as it embeds AI across its platform to automate financial workflows, expand higher-value services, and support future growth. Intuit Reinvents Itself With AI: Should You Buy the Stock?
• Positive Sentiment: The company’s AI initiative could improve productivity and deepen customer usage, which may support margins and recurring revenue over time. Intuit Reinvents Itself With AI: Should You Buy the Stock?
• Neutral Sentiment: One analyst note referenced Intuit being upgraded to “strong sell,” but the item provides no detailed rationale and appears secondary to the broader legal-news flow. Intuit upgraded by Piper Sandler to strong sell
• Negative Sentiment: Multiple law firms announced or reminded investors about a pending securities class action against Intuit, with a lead-plaintiff deadline of September 8, 2026, creating a legal overhang for the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act
• Negative Sentiment: The lawsuit alleges securities fraud and investor harm related to the period when Intuit’s stock dropped after guidance changes, which may keep pressure on shares near term. Robbins Geller Rudman & Dowd LLP Announces that Intuit Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
• Negative Sentiment: Several additional firms filed or promoted similar class-action notices, reinforcing concerns that Intuit may face prolonged litigation and headline risk. Pomerantz Law Firm Announces the Filing of a Class Action Against Intuit Inc. and Certain Officers

Intuit Stock Performance

Shares of NASDAQ INTU opened at $291.09 on Friday. The stock has a fifty day moving average price of $303.20 and a two-hundred day moving average price of $406.56. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market cap of $79.62 billion, a P/E ratio of 17.63, a PEG ratio of 1.08 and a beta of 1.00. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. During the same period last year, the firm earned $11.65 EPS. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts forecast that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

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.