Rare Wolf Capital LLC Acquires 3,572 Shares of Intuit Inc. $INTU

Key Points

• Rare Wolf Capital increased its Intuit stake by 130% in the third quarter, acquiring 3,572 shares and bringing its holdings to 6,319 shares valued at approximately $1.74 million. Institutional investors collectively own 83.66% of Intuit.
• Intuit exceeded quarterly expectations with adjusted earnings of $4.03 per share and revenue of $4.35 billion, up 13.7% year over year. The company also raised its quarterly dividend to $1.38 per share, implying a 1.6% annual yield.
• Analyst sentiment remains mixed: 16 analysts rate Intuit a Buy, 12 a Hold and three a Sell, resulting in an overall “Hold” rating and an average price target of $431.55.

Rare Wolf Capital LLC grew its stake in shares of Intuit Inc. (NASDAQ:INTU - Free Report) 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 acquiring an additional 3,572 shares during the quarter. Intuit comprises approximately 1.0% of Rare Wolf Capital LLC's investment portfolio, making the stock its 27th largest holding. Rare Wolf Capital LLC's holdings in Intuit were worth $1,742,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of INTU. DUTCH ASSET Corp lifted its stake in shares of Intuit by 76.9% during the third quarter. DUTCH ASSET Corp now owns 17,730 shares of the software maker's stock worth $4,888,000 after buying an additional 7,706 shares during the period. 55 North Private Wealth LLC purchased a new stake in shares of Intuit during the third quarter valued at $207,000. Willis Investment Counsel grew its holdings in shares of Intuit by 175.1% during the third quarter. Willis Investment Counsel now owns 44,481 shares of the software maker's stock valued at $12,264,000 after buying an additional 28,313 shares during the last quarter. Commonwealth Financial Services LLC acquired a new position in shares of Intuit in the 3rd quarter valued at $278,000. Finally, Net Worth Advisory Group increased its position in shares of Intuit by 69.2% in the 3rd quarter. Net Worth Advisory Group now owns 1,519 shares of the software maker's stock valued at $429,000 after acquiring an additional 621 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Trading Up 3.0%

NASDAQ INTU opened at $335.29 on Wednesday. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $689.17. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $89.60 billion, a PE ratio of 20.32, a P/E/G ratio of 0.95 and a beta of 1.01. The company has a fifty day moving average of $320.96 and a 200 day moving average of $326.52.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion for 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%. Intuit's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last 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. Research analysts forecast that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

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

Wall Street Analysts Forecast Growth

INTU has been the subject of a number of research analyst reports. Jefferies Financial Group reduced their target price on Intuit from $550.00 to $500.00 and set a "buy" rating for the company in a research note on Sunday, August 23rd. Weiss Ratings reiterated a "sell (d+)" rating on shares of Intuit in a research note on Tuesday, September 8th. Oppenheimer dropped their price target on Intuit from $406.00 to $380.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 26th. Wells Fargo & Company cut their price objective on Intuit from $360.00 to $300.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. cut Intuit from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $605.00 to $331.00 in a research note on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuit currently has an average rating of "Hold" and an average target price of $431.55.

Intuit News Summary

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%

Insider Transactions at Intuit

In related news, Director Richard 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 value of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the company's stock in a transaction dated 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 transaction, the chief accounting officer directly owned 1,628 shares of the company's stock, valued at $564,167.12. The trade was a 35.78% decrease in their position. The SEC filing for this sale provides additional information. 2.49% of the stock is owned by company insiders.

Intuit 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.

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