3,572 Intuit Inc. $INTU Shares Acquired by Rare Wolf Capital LLC

Rare Wolf Capital LLC raised its stake in shares of Intuit Inc. (NASDAQ:INTU) by 130.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,319 shares of the software maker’s stock after purchasing an additional 3,572 shares during the period. Intuit accounts for 1.0% of Rare Wolf Capital LLC’s holdings, making the stock its 27th biggest position. Rare Wolf Capital LLC’s holdings in Intuit were worth $1,742,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Intuit during the second quarter worth about $6,851,859,000. Arrowstreet Capital Limited Partnership lifted its stake 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 valued at $1,684,795,000 after buying an additional 1,972,719 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Intuit by 6.9% in the 2nd 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 buying an additional 215,814 shares in the last quarter. Unisphere Establishment lifted its stake in Intuit by 6.5% in the 1st quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock valued at $782,608,000 after buying an additional 110,000 shares in the last quarter. Finally, Amundi boosted its holdings in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock worth $675,878,000 after buying an additional 484,602 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In other Intuit news, CAO Lauren 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 Dalzell sold 285 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on INTU. BMO Capital Markets reiterated an “outperform” rating on shares of Intuit in a research note on Monday, September 21st. Piper Sandler raised their target price on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday, August 26th. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a research note on Friday, September 18th. Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price target on the stock. in a research note on Wednesday, August 26th. Finally, TD Cowen reiterated a “hold” rating and set a $346.00 price target on shares of Intuit in a research report on Friday, September 18th. 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 stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $431.55.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched Credit Karma Tax, offering free federal tax filing, faster refunds and AI-powered financial assistance. The service could increase engagement across Credit Karma and create additional opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax
• Positive Sentiment: Investor attention also remains focused on Intuit’s planned acquisition of Sequence, an AI-native revenue-management platform. The deal is intended to automate complex billing workflows and strengthen Intuit’s mid-market enterprise-resource-planning offerings, supporting its broader AI growth strategy. Intuit to Acquire Sequence
• Positive Sentiment: Intuit expanded its partnership with accounting firm Aprio to accelerate AI-powered advisory and accounting services for mid-market businesses. Separately, Intuit’s global rollout of Intuit Intelligence is adding automation, reporting and workflow tools to QuickBooks and Accountant Suite, reinforcing the company’s effort to monetize AI across its installed base. Aprio Broadens Its AI-Powered Advisory Partnership with Intuit
• Neutral Sentiment: Credit Karma revenue grew 20% to $2.64 billion in fiscal 2026, but analysts noted that personal loans and credit cards still account for most of the segment’s business. Insurance and other offerings could diversify growth, although tighter lending standards remain a risk. Can Credit Karma Grow Beyond the Lending Cycle?
• Positive Sentiment: Wall Street’s consensus price target implies roughly 26% potential upside, while upward earnings-estimate revisions provide an additional near-term catalyst. Analysts caution that price targets alone are not reliable predictors. Wall Street Analysts Think Intuit Could Surge 26.36%

Intuit Stock Up 3.0%

INTU stock opened at $335.29 on Wednesday. The company has a market cap of $89.60 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 0.95 and a beta of 1.01. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17. The firm has a 50-day moving average of $320.96 and a two-hundred day moving average of $326.52.

Intuit (NASDAQ:INTU) last issued 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 business had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the previous year, the firm 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, analysts forecast 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 represents a $5.52 dividend on an annualized basis and a yield of 1.6%. This is an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Thursday, October 8th. Intuit’s dividend payout ratio is presently 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.