Walled Lake Planning & Wealth Management LLC Purchases 16,446 Shares of Intuit Inc. $INTU

Key Points

• Walled Lake Planning & Wealth Management purchased 16,446 Intuit shares worth approximately $4.53 million, making Intuit about 1.1% of its portfolio. Institutional investors collectively own 83.66% of the company.
• Intuit exceeded quarterly expectations with 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, or $5.52 annualized.
• Analyst sentiment remains mixed: the consensus rating is Hold with a $431.55 price target, while several firms recently lowered targets. Two insiders also sold shares, and recent institutional activity has been mixed.

Walled Lake Planning & Wealth Management LLC purchased a new stake in Intuit Inc. (NASDAQ:INTU - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 16,446 shares of the software maker's stock, valued at approximately $4,534,000. Intuit comprises about 1.1% of Walled Lake Planning & Wealth Management LLC's portfolio, making the stock its 22nd largest position.

A number of other large investors also recently made changes to their positions in the business. Legacy Wealth Managment LLC ID grew its position in shares of Intuit by 10.3% in the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker's stock valued at $115,000 after purchasing an additional 25 shares during the period. Sachetta LLC increased its stake in Intuit by 33.7% in the first quarter. Sachetta LLC now owns 111 shares of the software maker's stock valued at $48,000 after purchasing an additional 28 shares during the last quarter. Stronghold Wealth Management L.L.C. increased its stake in Intuit by 6.5% in the first quarter. Stronghold Wealth Management L.L.C. now owns 474 shares of the software maker's stock valued at $205,000 after purchasing an additional 29 shares during the last quarter. Delta Asset Management LLC TN lifted its position in Intuit by 13.2% during the second quarter. Delta Asset Management LLC TN now owns 258 shares of the software maker's stock worth $67,000 after buying an additional 30 shares during the period. Finally, Bond & Devick Financial Network Inc. lifted its position in Intuit by 3.3% during the third quarter. Bond & Devick Financial Network Inc. now owns 934 shares of the software maker's stock worth $258,000 after buying an additional 30 shares during the period. Hedge funds and other institutional investors own 83.66% of the company's stock.

Insider Buying and Selling

In other Intuit news, Director Richard Dalzell sold 285 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were 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 in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the 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 completion of the sale, 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 disclosure for this sale is available in the SEC filing. Insiders own 2.49% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on INTU. Oppenheimer lowered their price target on Intuit from $406.00 to $380.00 and set an "outperform" rating for the company in a report on Wednesday, August 26th. Susquehanna decreased their target price on shares of Intuit from $427.00 to $415.00 and set a "positive" rating on the stock in a research report on Wednesday, August 26th. Barclays decreased their target price on shares of Intuit from $443.00 to $408.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 26th. Piper Sandler boosted their target price on shares of Intuit from $250.00 to $290.00 and gave the company an "underweight" rating in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lowered shares of Intuit from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $605.00 to $331.00 in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $431.55.

Intuit Stock Performance

Intuit stock opened at $341.09 on Monday. The stock's 50-day moving average is $319.38 and its 200-day moving average is $362.39. The company has a market cap of $91.15 billion, a price-to-earnings ratio of 20.67, a price-to-earnings-growth ratio of 1.13 and a beta of 0.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $682.27.

Intuit (NASDAQ:INTU - Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share 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 period in the previous year, the company posted $2.75 EPS. The company's revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities analysts anticipate that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were given 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 a positive change 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 News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
• Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
• Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
• Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

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.

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