Samalin Investment Counsel LLC Acquires 1,988 Shares of Intuit Inc. $INTU

Samalin Investment Counsel LLC lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 171.5% in the third quarter, HoldingsChannel reports. The firm owned 3,147 shares of the software maker’s stock after acquiring an additional 1,988 shares during the period. Samalin Investment Counsel LLC’s holdings in Intuit were worth $868,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of INTU. Fiduciary Financial Advisors purchased a new stake in Intuit in the 2nd quarter valued at approximately $25,000. Osbon Capital Management LLC purchased a new position in Intuit during the second quarter worth $26,000. MidFirst Bank purchased a new position in Intuit during the second quarter worth $28,000. Whipplewood Advisors LLC purchased a new position in Intuit during the first quarter worth $30,000. Finally, James T. Borello RIA raised its holdings in shares of Intuit by 350.0% in the third quarter. James T. Borello RIA now owns 108 shares of the software maker’s stock worth $30,000 after acquiring an additional 84 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on INTU. Citigroup reduced their price objective on Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Bank of America lowered shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 target price on the stock. in a report on Wednesday, August 26th. Evercore reaffirmed an “outperform” rating on shares of Intuit in a research note on Friday, September 18th. The Goldman Sachs Group reiterated a “sell” rating on shares of Intuit in a report on Thursday, September 24th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Intuit in a report on Tuesday, September 8th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $431.55.

Intuit Stock Performance

Intuit stock opened at $343.39 on Monday. The stock has a fifty day moving average price of $320.86 and a 200 day moving average price of $324.91. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $689.17. The firm has a market capitalization of $91.77 billion, a P/E ratio of 20.81, a PEG ratio of 1.13 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 (NASDAQ:INTU) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period last year, the company earned $2.75 EPS. The firm’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. Equities research analysts anticipate that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a $1.38 dividend. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. Intuit’s payout ratio is presently 33.45%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit Ventures participated in Coast’s $35 million growth-equity financing. The investment expands Intuit’s exposure to a financial platform serving small and mid-sized physical-economy businesses and could support future ecosystem opportunities. Coast Raises $35 Million to Build the Financial Platform for the Physical Economy
• Positive Sentiment: Intuit introduced a free, AI-powered federal tax-filing service through Credit Karma Tax, featuring error checks, refund optimization and real-time assistance. The product may increase customer engagement, although monetization and execution remain key questions. Intuit Rolls Out Free Federal AI Tax Filing
• Positive Sentiment: A bullish investment thesis highlights Intuit’s approximately 81% gross margin, substantial free-cash-flow generation and comparatively lower forward valuation as potential support for a rebound. These arguments may attract value-oriented investors after the stock’s recent decline. Intuit vs. PayPal and XYZ
• Neutral Sentiment: Intuit joined Wells Fargo and Arm in objecting to the unauthorized tokenization of their shares on OKX. The dispute concerns trading and regulatory rights rather than Intuit’s operations, so the direct earnings impact is likely limited. Companies Rejecting Tokenized Shares on OKX
• Negative Sentiment: Broyhill Asset Management disclosed that it was moving from Intuit to Microsoft, reflecting concerns about software quality or relative investment appeal. One manager’s decision is not a fundamental downgrade, but it can reinforce negative sentiment toward INTU. Broyhill Moves from Intuit to Microsoft
• Negative Sentiment: Analyst commentary has cited softer results, competitive pressure, AI-related execution risks and the stock’s underperformance as reasons to sell. This weighs on confidence despite Intuit’s latest earnings beat and double-digit revenue growth. 3 Reasons to Sell INTU

Insider Buying and Selling

In related 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 value of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Hotz sold 907 shares of the company’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 transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.49% of the stock is currently owned by 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.