Willis Investment Counsel Purchases 28,313 Shares of Intuit Inc. $INTU

Willis Investment Counsel boosted its stake in shares of Intuit Inc. (NASDAQ:INTU) by 175.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,481 shares of the software maker’s stock after buying an additional 28,313 shares during the quarter. Willis Investment Counsel’s holdings in Intuit were worth $12,264,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in INTU. Janney Montgomery Scott LLC grew its stake in Intuit by 119.5% in the first quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after purchasing an additional 47,148 shares during the period. Beacon Pointe Advisors LLC bought a new position in Intuit in the second quarter valued at about $1,643,000. Brookstone Capital Management grew its position in Intuit by 45.8% during the first quarter. Brookstone Capital Management now owns 32,135 shares of the software maker’s stock valued at $13,895,000 after buying an additional 10,089 shares during the period. J. Safra Sarasin Holding AG raised its holdings in Intuit by 831.4% in the 1st quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock worth $11,817,000 after purchasing an additional 24,402 shares during the period. Finally, Lindsell Train Ltd lifted its position in shares of Intuit by 20.2% during the 1st quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock valued at $317,237,000 after buying an additional 123,448 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on INTU shares. Wolfe Research downgraded shares of Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th. Evercore reiterated an “outperform” rating on shares of Intuit in a report on Friday, September 18th. TD Cowen reiterated a “hold” rating and issued a $346.00 price target on shares of Intuit in a report on Friday, September 18th. Weiss Ratings reissued a “sell (d+)” rating on shares of Intuit in a research report on Tuesday, September 8th. Finally, Piper Sandler increased their price target on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research note on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $431.55.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit agreed to acquire Sequence, an AI-native revenue-management platform. The deal is expected to automate complex billing workflows, improve revenue operations and strengthen Intuit’s mid-market ERP offering, potentially expanding its addressable market. Intuit to Acquire Sequence to Boost AI-Powered Mid-Market Offerings
• Positive Sentiment: The global rollout of Intuit Intelligence across QuickBooks and Intuit Accountant Suite is highlighting the company’s AI monetization opportunity. Early customer data indicates productivity gains and time savings, which could support stronger retention and higher-value subscriptions. How Investors Are Reacting To Intuit Global AI Rollout
• Positive Sentiment: Intuit launched Credit Karma Tax, offering free federal filing and faster refunds. The product could increase engagement across Credit Karma and create additional cross-selling opportunities during tax season. Intuit Launches Credit Karma Tax
• Positive Sentiment: Aprio expanded its partnership with Intuit to develop AI-powered advisory and accounting services for mid-market companies, reinforcing adoption of Intuit’s enterprise and accountant tools. Aprio Broadens its AI-Powered Advisory Partnership with Intuit
• Neutral Sentiment: Analysts’ consensus target implies substantial upside, while upward earnings-estimate revisions offer a near-term catalyst. However, the article cautions that price targets alone have limited predictive value. Wall Street Analysts Think Intuit Could Surge
• Negative Sentiment: Credit Karma’s growth remains concentrated in lending products, leaving Intuit exposed to tighter credit-card and personal-loan standards. Insurance and other services may diversify revenue, but they have yet to replace lending as the primary growth engine. Can Credit Karma Grow Beyond the Lending Cycle?

Intuit Stock Performance

INTU traded up $10.85 during midday trading on Tuesday, hitting $336.47. 1,308,733 shares of the company were exchanged, compared to its average volume of 4,243,555. The company’s 50 day simple moving average is $320.98 and its 200 day simple moving average is $327.16. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $89.92 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $689.17.

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

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. Intuit’s dividend payout ratio (DPR) is 33.45%.

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.