16,446 Shares of Intuit Inc. $INTU Bought by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC bought a new stake in Intuit Inc. (NASDAQ:INTU) in the third quarter, HoldingsChannel reports. The fund bought 16,446 shares of the software maker’s stock, valued at approximately $4,534,000. Intuit makes up approximately 1.1% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in Intuit during the 2nd quarter worth approximately $6,851,859,000. Arrowstreet Capital Limited Partnership boosted its holdings in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock worth $1,684,795,000 after acquiring an additional 1,972,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Intuit by 6.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock valued at $870,260,000 after acquiring an additional 215,814 shares in the last quarter. Unisphere Establishment grew its position in Intuit by 6.5% in the first quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock valued at $782,608,000 after acquiring an additional 110,000 shares in the last quarter. Finally, Amundi grew its position in Intuit by 44.9% in the first quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after acquiring an additional 484,602 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Price Performance

INTU stock opened at $341.09 on Monday. The stock’s 50 day moving average is $319.38 and its two-hundred day moving average is $362.39. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $682.27. The company has a market capitalization of $91.15 billion, a PE ratio of 20.67, a P/E/G ratio of 1.13 and a beta of 0.91. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the prior year, the business posted $2.75 EPS. The business’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts predict that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were paid a dividend of $1.38 per share. This is a positive change from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. Intuit’s payout ratio is currently 33.45%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on INTU shares. Wells Fargo & Company dropped their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Susquehanna decreased their target price on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research note on Wednesday, August 26th. Mizuho reaffirmed an “outperform” rating and set a $430.00 price target on shares of Intuit in a report on Friday, September 18th. Piper Sandler lifted their price target on shares of Intuit from $250.00 to $290.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 26th. Finally, Evercore reiterated an “outperform” rating on shares of Intuit in a report on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $431.55.

Insiders Place Their Bets

In other Intuit news, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.49% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
• Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
• Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
• Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

Intuit Company Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.