Intuit Inc. $INTU Shares Purchased by Willis Investment Counsel

Willis Investment Counsel grew its holdings in Intuit Inc. (NASDAQ:INTU) by 175.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 44,481 shares of the software maker’s stock after purchasing 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.

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

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?

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Truist Financial reiterated a “hold” rating and set a $300.00 target price on shares of Intuit in a research note on Friday, September 18th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Intuit in a report on Monday, September 21st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Piper Sandler raised 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 reissued an “outperform” rating on shares of Intuit in a research note on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $431.55.

Intuit Stock Performance

Shares of Intuit stock traded up $10.85 on Tuesday, reaching $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 moving average is $320.98 and its two-hundred day moving average is $327.16. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $689.17. The firm has a market cap of $89.92 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 0.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.75 EPS. 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, research analysts expect that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently announced 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 an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. Intuit’s dividend payout ratio (DPR) is 33.45%.

Insider Transactions at Intuit

In other news, Director Richard Dalzell sold 285 shares of the firm’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. This trade represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of Intuit stock in a transaction that occurred 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 sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 2.49% of the company’s stock.

About Intuit

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.