<div id="readability-page-1"><p>DAVENPORT &amp; Co LLC decreased its holdings in shares of  Intuit Inc. (NASDAQ:INTU - Free Report) by 10.2% during the 3rd quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The fund owned 17,379 shares of the software maker's stock after selling 1,984 shares during the quarter. DAVENPORT &amp; Co LLC's holdings in Intuit were worth $11,869,000 as of its most recent SEC filing.</p><ul><li>Institutions Love These 3 Companies, Should You As Well?</li></ul><p>Several other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of  Intuit during the 2nd quarter valued at about $3,268,830,000.  Nicholas Hoffman &amp; Company LLC. acquired a new stake in shares of  Intuit in the first quarter worth approximately $785,564,000.  Winslow Capital Management LLC purchased a new stake in  Intuit in the second quarter valued at approximately $782,677,000.  Invesco Ltd. increased its position in  Intuit by 13.2% during the second quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker's stock worth $2,745,492,000 after purchasing an additional 407,078 shares during the last quarter.  Finally, Vanguard Group Inc. increased its position in  Intuit by 1.4% during the second quarter. Vanguard Group Inc. now owns 27,707,966 shares of the software maker's stock worth $21,823,625,000 after purchasing an additional 377,657 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Intuit News Summary</h2><p>Here are the key news stories impacting Intuit this week:</p><ul>   <li><span>Positive Sentiment: </span>Intuit is being highlighted for accelerating AI initiatives that could expand product capability across QuickBooks, TurboTax and customer-facing workflows — a growth thesis that supports higher multiple expansion and recurring-revenue upside. <i></i><span>Intuit bets big on AI, and other tech stories you may have missed</span></li>    <li><span>Positive Sentiment: </span>QuickBooks (Intuit) received an external product accolade as the Best Payroll Solution for UK small businesses — a credibility boost for international SMB penetration and cross-sell potential. <i></i><span>Best Payroll Software UK (Jan 2026): QuickBooks Named Best Payroll Solution for UK Small Businesses by Better Business Advice</span></li>    <li><span>Positive Sentiment: </span>Reports of a partnership between Intuit and Circle on stablecoin rails (digital payments rails) could signal new payments/settlement capabilities that expand product stickiness and lower payment friction for customers — a potential long-term revenue/TPV opportunity. <i></i><span>Intuit Partners with Circle: The Future of Stablecoins as Digital Dollar Rails</span></li>    <li><span>Positive Sentiment: </span>Analyst and media pieces (Zacks and others) revisiting Wall Street’s bullish stance on Intuit help maintain investor confidence and can support continued demand for shares. Positive analyst coverage often underpins near-term price strength. <i></i><span>Is It Worth Investing in Intuit (INTU) Based on Wall Street's Bullish Views?</span></li>    <li><span>Neutral Sentiment: </span>General marketing/merchant guidance articles (email+SMS integration) surface best practices that may indirectly benefit Intuit’s merchant-facing products but are not company-specific catalysts. <i></i><span>How to integrate email and SMS for maximum engagement</span></li>    <li><span>Neutral Sentiment: </span>Short-interest data published for December is effectively zero/invalid in the release (0 shares, NaN change, 0 days-to-cover), so it provides no actionable signal about bearish pressure or potential squeeze. (Internal data entry)</li>    <li><span>Negative Sentiment: </span>Parnassus Core Equity Fund disclosed selling INTU after gains — fund selling can create supply headwinds in the near term, especially if other institutions follow suit, although such reallocations are common after price appreciation. <i></i><span>Parnassus Core Equity Fund Sold Intuit (INTU) After Share Price Appreciation</span></li> </ul><h2>Insider Buying and Selling</h2><ul><li>3 Big Dividend Hikes Hit the Market—1 Just Doubled Its Payout</li></ul><p>In other Intuit news, CFO Sandeep Aujla sold 1,098 shares of the business's stock in a transaction on Friday, December 19th. The shares were sold at an average price of $675.00, for a total value of $741,150.00. Following the transaction, the chief financial officer owned 197 shares in the company, valued at $132,975. The trade was a 84.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 completion of the transaction, the director directly owned 13,476 shares of the company's stock, 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. Insiders have sold 270,897 shares of company stock valued at $177,368,310 in the last quarter. Company insiders own  2.49% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several brokerages have recently issued reports on INTU. Daiwa Capital Markets boosted their price objective on shares of Intuit from $770.00 to $800.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, November 26th. Evercore ISI  reiterated an &#34;outperform&#34; rating and issued a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. Royal Bank Of Canada  restated an &#34;outperform&#34; rating and set a $850.00 price target on shares of Intuit in a research note on Friday, November 21st. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Intuit in a report on Wednesday, October 8th. Finally, Rothschild &amp; Co Redburn boosted their target price on Intuit from $560.00 to $670.00 and gave the stock a &#34;neutral&#34; rating in a report on Tuesday, September 23rd. One equities research analyst  has rated the stock with a Strong Buy rating, twenty-three have assigned  a Buy rating, four have given a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $796.60.</p><ul><li>Intuit's AI Boom: Stock Soaring, But Should Investors Hit Pause?</li></ul><p><b>View Our Latest Report on INTU</b></p><h2>Intuit Price Performance</h2><p>Shares of NASDAQ INTU opened at $674.41 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The company has a market capitalization of $187.67 billion, a price-to-earnings ratio of 46.10, a PEG ratio of 2.76 and a beta of 1.27. The business has a 50-day moving average of $659.16 and a 200-day moving average of $699.68. </p><p>Intuit (NASDAQ:INTU - Get Free Report) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating the consensus estimate of $3.09 by $0.25. The business had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company's revenue was up 18.3% on a year-over-year basis. During the same period last year, the business posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS.  On average, equities analysts anticipate that  Intuit Inc. will post 14.09 EPS for the current fiscal year. </p><h2>Intuit Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit's dividend payout ratio (DPR) is presently 32.81%. </p><h2>About Intuit</h2> (Free Report)<p>Intuit Inc <span>NASDAQ: INTU<span></span></span> 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.  </p><p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Intuit</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><strong>Want to see what other hedge funds are holding INTU?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UVQ"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Intuit Right Now?</h2><p>Before you consider Intuit, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intuit wasn't on the list.</p><p>While Intuit currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

INTU

<p>DAVENPORT & Co LLC reduced its stake in Intuit Inc. by 10.2% in Q3, selling 1,984 shares, now holding 17,379 shares worth $11,869,000. Other institutions like Norges Bank and Vanguard Group have adjusted their positions in Intuit. Positive sentiment surrounds Intuit's AI initiatives and partnerships, while insider selling and fund reallocations may impact stock supply.</p>

DAVENPORT & Co LLC Trims Position in Intuit Inc. $INTU