Nicholson Wealth Management Group LLC Acquires New Shares in Intuit Inc. $INTU

Key Points

• Nicholson Wealth Management Group LLC opened a new position in Intuit, buying 2,145 shares worth about $1.465 million, and institutions now own roughly 83.66% of the stock.
• Intuit shares are down about 24% year-to-date and recently hit a 52‑week low, with the next major catalyst being Q2 FY2026 results scheduled for Feb. 26.
• Management is expanding AI-driven products (TurboTax Stores, Checkr integrations) and analysts remain broadly positive — MarketBeat shows a “Moderate Buy” consensus with an average price target near $791.73.

Nicholson Wealth Management Group LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,145 shares of the software maker's stock, valued at approximately $1,465,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker's stock worth $2,233,000 after acquiring an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its stake in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock valued at $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. bought a new position in Intuit in the 1st quarter worth about $785,564,000. Sivia Capital Partners LLC increased its stake in shares of Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker's stock valued at $698,000 after purchasing an additional 166 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Intuit by 20.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker's stock valued at $751,000 after buying an additional 163 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Mizuho reiterated an Outperform rating and an $875 price target, calling AI-related tax‑filing worries overblown and defending Intuit’s moat — a bullish analyst anchor that can support a recovery. Mizuho Calls AI Tax Filing Worries Overblown for Intuit (INTU)
• Positive Sentiment: Intuit expanded its AI tax and hiring capabilities — adding TurboTax Stores and integrations with Checkr — which highlights product-led revenue levers and cross‑sell opportunities across TurboTax, QuickBooks and Credit Karma. Intuit Expands AI Tax And Hiring Platform With TurboTax Stores And Checkr
• Neutral Sentiment: Management scheduled Q2 FY2026 results for Feb. 26 (quarter ended Jan. 31); upcoming results and guidance will be the next major catalyst. Intuit to Announce Second-Quarter Fiscal Year 2026 Results on Feb. 26
• Neutral Sentiment: Intuit posted a shareholder/analyst call slideshow that may provide extra detail ahead of earnings; useful for parsing near‑term revenue mix and margin assumptions. Intuit Inc. (INTU) Shareholder/Analyst Call - Slideshow
• Negative Sentiment: A market commentary pointed out Intuit is down ~24% so far in 2026, noting the company still guides to double‑digit fiscal‑2026 growth but at a slower pace than last year — a growth‑multiple compression driver. Intuit Stock Is Down 24% Already In 2026. Time to Buy?
• Negative Sentiment: Shares hit a 52‑week low amid the selloff, reflecting elevated investor concern and lower near‑term sentiment — increases downside risk if next quarter’s results or guide miss expectations. Intuit stock hits 52-week low at 510.0 USD
• Negative Sentiment: Media coverage noted INTU dipping more than the broader market, amplifying momentum selling and short‑term technical pressure. Intuit (INTU) dips more than broader market: What you should know

Intuit Trading Down 0.8%

Shares of Intuit stock opened at $498.92 on Monday. The business has a fifty day simple moving average of $625.24 and a 200-day simple moving average of $667.41. Intuit Inc. has a fifty-two week low of $491.72 and a fifty-two week high of $813.70. The firm has a market cap of $138.83 billion, a price-to-earnings ratio of 34.10, a price-to-earnings-growth ratio of 2.04 and a beta of 1.24. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period in the previous year, the company earned $2.50 earnings per share. Intuit's revenue was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 1.0%. Intuit's dividend payout ratio is currently 32.81%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on INTU shares. Independent Research set a $875.00 price objective on Intuit in a report on Tuesday, November 18th. Royal Bank Of Canada reissued an "outperform" rating on shares of Intuit in a research note on Wednesday. TD Cowen assumed coverage on Intuit in a report on Thursday, January 8th. They set a "buy" rating and a $802.00 price target on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Intuit in a research note on Thursday, January 22nd. Finally, BMO Capital Markets decreased their target price on shares of Intuit from $870.00 to $810.00 and set an "outperform" rating for the company in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Intuit currently has an average rating of "Moderate Buy" and an average price target of $791.73.

Insider Buying and Selling at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of the company's stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 388,464 shares of company stock valued at $255,514,393 in the last ninety days. Company insiders own 2.49% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.