Western Wealth Management LLC Increases Holdings in Intuit Inc. $INTU

Western Wealth Management LLC lifted its position in shares of Intuit Inc. (NASDAQ:INTU) by 513.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,901 shares of the software maker’s stock after buying an additional 2,428 shares during the period. Western Wealth Management LLC’s holdings in Intuit were worth $1,254,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Lombard Odier Asset Management Europe Ltd raised its holdings in shares of Intuit by 277.7% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 38,016 shares of the software maker’s stock valued at $16,437,000 after buying an additional 27,951 shares in the last quarter. Positano Wealth Management Ltd purchased a new position in shares of Intuit during the 1st quarter valued at about $748,000. Parallel Advisors LLC raised its holdings in shares of Intuit by 5.9% during the 1st quarter. Parallel Advisors LLC now owns 27,985 shares of the software maker’s stock valued at $12,100,000 after buying an additional 1,560 shares in the last quarter. Caerus Investment Advisors LLC raised its holdings in shares of Intuit by 123.6% during the 1st quarter. Caerus Investment Advisors LLC now owns 995 shares of the software maker’s stock valued at $430,000 after buying an additional 550 shares in the last quarter. Finally, First Nebraska Trust Co purchased a new position in shares of Intuit during the 1st quarter valued at about $5,407,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Trading Up 0.4%

INTU traded up $1.34 on Monday, hitting $359.40. 1,871,193 shares of the company were exchanged, compared to its average volume of 4,382,581. The firm has a fifty day simple moving average of $307.36 and a two-hundred day simple moving average of $356.13. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $705.08. The stock has a market capitalization of $98.31 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 0.92 and a beta of 0.97.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates 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%.The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period last 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. Sell-side analysts expect that Intuit Inc. will post 23.07 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be given a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is 33.45%.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director directly owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction that occurred 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 owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,146 shares of company stock worth $662,666. Corporate insiders own 2.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on INTU shares. Bank of America cut 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. Daiwa Securities Group reduced their price target on Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Citigroup reduced their price target on Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. BMO Capital Markets restated an “outperform” rating on shares of Intuit in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lowered Intuit from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $605.00 to $331.00 in a research report on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $434.68.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.