6,068 Intuit Inc. $INTU Shares Bought by Schaper Benz & Wise Investment Counsel Inc. WI

Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 13.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,782 shares of the software maker’s stock after purchasing an additional 6,068 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Intuit were worth $14,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in INTU. Bullock Wealth Management Group acquired a new position in Intuit in the third quarter worth approximately $36,000. Riversedge Advisors LLC bought a new position in shares of Intuit in the third quarter valued at $337,000. Wedmont Private Capital lifted its position in shares of Intuit by 14.6% during the 3rd quarter. Wedmont Private Capital now owns 7,671 shares of the software maker’s stock valued at $2,331,000 after acquiring an additional 975 shares during the last quarter. Douglas Lane & Associates LLC lifted its position in shares of Intuit by 24.8% during the 3rd quarter. Douglas Lane & Associates LLC now owns 130,877 shares of the software maker’s stock valued at $36,084,000 after acquiring an additional 26,030 shares during the last quarter. Finally, LifeGoal Investments LLC boosted its stake in shares of Intuit by 9.6% during the 3rd quarter. LifeGoal Investments LLC now owns 1,975 shares of the software maker’s stock worth $545,000 after acquiring an additional 173 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 285 shares of Intuit stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the transaction, the director owned 11,531 shares in the company, valued at $3,751,726.16. This trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.49% of the stock is currently owned by insiders.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $302.75 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. The firm has a market cap of $80.91 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 0.89 and a beta of 1.01. The business’s 50-day simple moving average is $322.04 and its 200-day simple moving average is $332.76. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $689.17.

Intuit (NASDAQ:INTU) last posted its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the company earned $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, equities research analysts expect that Intuit Inc. will post 23.01 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.8%. Intuit’s dividend payout ratio is presently 33.45%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on INTU. BMO Capital Markets reaffirmed an “outperform” rating on shares of Intuit in a research report on Monday, September 21st. Mizuho reissued an “outperform” rating and issued a $430.00 price target on shares of Intuit in a research note on Friday, September 18th. Truist Financial reissued a “hold” rating and issued a $300.00 price target on shares of Intuit in a research note on Friday, September 18th. Stifel Nicolaus reaffirmed a “hold” rating and set a $300.00 price objective on shares of Intuit in a research note on Friday, September 18th. Finally, Bank of America cut shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 target price for the company. in a report on Wednesday, August 26th. Sixteen 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 data from MarketBeat, Intuit presently has a consensus rating of “Hold” and an average price target of $431.55.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is expected to distribute approximately $369 million to shareholders, or $1.38 per share, on October 16. The dividend provides an immediate shareholder-return catalyst. Intuit’s $369 Million Dividend: What Shareholders Collect on October 16
• Positive Sentiment: Intuit’s Accountant Suite is gaining adoption among accounting professionals. Its AI-powered and agentic workflows, along with partnerships extending into QuickBooks, payroll and marketing analytics, could increase customer engagement and strengthen the company’s broader ecosystem. Intuit Scales Accountant Suite: Can Adoption Fuel Growth?
• Positive Sentiment: Shares have gained nearly 9% over three months, helped by growth in mid-market and financial-services businesses. Intuit also outperformed during a difficult week for technology stocks, suggesting relative investor confidence in the company. Intuit Stock Gains Nearly 9% in 3 Months
• Neutral Sentiment: A report described a significant increase in short interest but simultaneously listed short interest at zero shares and a zero-day days-to-cover ratio. Because the figures conflict, the data does not provide a reliable trading signal.
• Neutral Sentiment: An Intuit executive reported restricted-stock-unit vesting and tax-related share withholding. The filing appears routine and offers no clear indication of a change in management’s outlook. Intuit EVP Tyler Cozzens Reports October 2026 RSU Vesting
• Negative Sentiment: Analysts continue to flag slowing customer additions and a premium valuation, while shares remain below their 50-day and 200-day moving averages. Escalating geopolitical tensions and weak technology-sector sentiment could also limit near-term upside.

About Intuit

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.