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

Schaper Benz & Wise Investment Counsel Inc. WI lifted its stake in Intuit Inc. (NASDAQ:INTU) by 13.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,782 shares of the software maker’s stock after acquiring an additional 6,068 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Intuit were worth $14,553,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bullock Wealth Management Group bought a new position in Intuit during the third quarter worth $36,000. Riversedge Advisors LLC acquired a new stake in Intuit in the 3rd quarter worth $337,000. Wedmont Private Capital grew its position in Intuit by 14.6% in the 3rd quarter. Wedmont Private Capital now owns 7,671 shares of the software maker’s stock worth $2,331,000 after purchasing an additional 975 shares during the last quarter. Douglas Lane & Associates LLC increased its holdings 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 worth $36,084,000 after purchasing an additional 26,030 shares during the period. Finally, LifeGoal Investments LLC increased its holdings 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 purchasing an additional 173 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit News Roundup

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.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 285 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the sale, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 firm’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

INTU has been the subject of several research reports. BMO Capital Markets reiterated an “outperform” rating on shares of Intuit in a research note on Monday, September 21st. Wells Fargo & Company lowered their price target on Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Jefferies Financial Group reduced their price objective on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Sunday, August 23rd. Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective on the stock. in a report on Wednesday, August 26th. Finally, Susquehanna lowered their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating on the stock in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $431.55.

Intuit Trading Down 0.4%

Shares of INTU opened at $302.75 on Friday. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $689.17. 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 stock has a 50 day simple moving average of $322.04 and a 200-day simple moving average of $332.76. The stock has a market cap of $80.91 billion, a PE ratio of 18.35, a PEG ratio of 0.89 and a beta of 1.01.

Intuit (NASDAQ:INTU) last announced its quarterly 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 business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the firm earned $2.75 EPS. Intuit’s quarterly 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. On average, sell-side analysts predict that Intuit Inc. will post 23.01 EPS for the current fiscal year.

Intuit Increases Dividend

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

Intuit Profile

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.