Accurate Wealth Management 13F: New $1.2M Stake in Intuit (INTU)

Accurate Wealth Management initiated a new stake in Intuit Inc. (NASDAQ:INTU), picking up 3,967 shares. The investment carried a value of about $1.2 million at the end of the reported period. The new holding came to light in a form 13F filing submitted to the Securities and Exchange Commission on October 20, 2026.

INTU Intuit Inc.

$335.29 ▼ -45.98% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Accurate Wealth Management's Intuit Position

The firm opened a brand-new position in the financial software maker, acquiring 3,967 shares. The stake had a total reported value of $1,197,450. Because this was a fresh purchase, the firm held no prior shares in the company.

Other Institutional Activity in Intuit

Other large funds have also adjusted their holdings in the software provider recently. FIL Ltd grew its holdings by 3,225,579 shares, ending with 5,077,870 shares worth about $1.7 billion after a 174.1% increase.

Intuit Inc. Stock Up 3.1%

Intuit shares recently traded around $335.37, sitting roughly equal to their closing price of $335.29 on the filing date of October 20, 2026. The stock trades about 4.5% above its 50-day moving average of $321.02, while remaining 10.3% below its 200-day moving average. The equity has moved between a 52-week low of $252.84 and a 52-week high of $689.17.

Recent Earnings

For the trailing twelve-month period, Intuit generated $21.45 billion in revenue and earnings of $16.46 per share. The company operates with a net profit margin of 21.3% and a return on equity of 23.6%. The company's next earnings report is scheduled for release on November 19, 2026.

Dividend

Intuit pays an annual dividend rate of $5.52 per share, which translates to a dividend yield of 1.7%. The company allocates 29.2% of its earnings as dividends.

Insider Buying and Selling at Intuit Inc.

Company insiders have made a few transactions in recent months. Officer Lauren Dale Hotz disposed of 906 shares on August 27, 2026, for a total value of $314,288. Later, director Richard L Dalzell sold 285 shares at an average price of $325.36 on September 8, 2026, totaling $92,728.

Analysts Set New Price Targets

Wall Street analysts have maintained varied stances on the software company. Evercore ISI Group reiterated its outperform rating with a $400.00 price target on September 18, 2026. Mizuho also reiterated an outperform rating on September 18, 2026, setting a $430.00 target. Stifel reiterated a hold rating with a $300.00 target on the same day, while Truist Securities reiterated a hold rating with a $300.00 target. RBC Capital reiterated its outperform rating and a $385.00 target on October 2, 2026. Overall, the stock carries a consensus buy rating with a mean price target of $406.92 across 31 analyst opinions.

About Intuit Inc.

Intuit Inc. develops financial management, tax preparation, and digital payment tools for consumers, small businesses, and accountants. Its well-known software ecosystem includes products like TurboTax, QuickBooks, and Credit Karma, helping individuals and businesses handle accounting, payroll, and personal finance. Institutional interest in the company remains steady as its software platforms continue to process widespread consumer and commercial transactions.

Bottom Line

Investors will look toward Intuit's upcoming earnings release on November 19, 2026, for fresh updates on revenue growth and profit margins. Future institutional filings will show whether firms like Accurate Wealth Management continue to build on these positions.