Bristol Gate Capital Partners Inc. Sells 1,643 Shares of Intuit Inc. $INTU

Bristol Gate Capital Partners Inc. lessened its position in shares of Intuit Inc. (NASDAQ:INTU) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 110,558 shares of the software maker’s stock after selling 1,643 shares during the period. Intuit makes up about 4.2% of Bristol Gate Capital Partners Inc.’s investment portfolio, making the stock its 16th largest position. Bristol Gate Capital Partners Inc.’s holdings in Intuit were worth $73,237,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in INTU. Brighton Jones LLC increased its holdings in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit in the 1st quarter valued at about $785,564,000. Sivia Capital Partners LLC grew its holdings in shares of Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC grew its holdings in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after acquiring an additional 51 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated 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 directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. HSBC decreased their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a report on Friday. BMO Capital Markets decreased their price objective on Intuit from $550.00 to $412.00 and set an “outperform” rating for the company in a report on Thursday. Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. UBS Group decreased their price objective on Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Daiwa Securities Group decreased their price objective on Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Twenty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $546.29.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal Q3 results that beat estimates on both revenue and earnings, raised full-year guidance, and highlighted strength in TurboTax, Credit Karma, QuickBooks Online, and other growth engines. Intuit’s Q3 Earnings Beat on Consumer Growth & Higher Guidance
• Positive Sentiment: Several analysts still maintained bullish ratings even after lowering price targets, suggesting Street sentiment remains constructive on Intuit’s long-term growth profile. TD Cowen Adjusts Price Target on Intuit
• Positive Sentiment: Coverage also pointed to improving customer spending and “flywheel” benefits from broader adoption across Intuit’s product suite, which supports the AI and platform expansion narrative. Intuit customers spending more as it improves experiences across brands

Intuit Trading Up 4.2%

Shares of NASDAQ:INTU opened at $319.94 on Friday. Intuit Inc. has a 52-week low of $302.36 and a 52-week high of $813.70. The company has a market capitalization of $87.52 billion, a P/E ratio of 19.38, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a 50-day simple moving average of $403.55 and a 200 day simple moving average of $510.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.32 and a current ratio of 1.45.

Intuit (NASDAQ:INTU) last issued its 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 net margin of 21.91% and a return on equity of 25.18%. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period last year, the business posted $11.65 EPS. Intuit’s revenue 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. Sell-side analysts forecast that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

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.