Resonant Capital Advisors 13F: New $2.1M Stake in Intuit (INTU)

Resonant Capital Advisors has opened a new position in Intuit Inc. (INTU) by acquiring 7,439 shares valued at approximately $2,051,007 in a filing on October 15, 2026. This marks the firm's first stake in the company, indicating a fresh interest in the stock.

What Changed in Resonant Capital Advisors' Intuit Position

Resonant Capital Advisors took a new position in Intuit by acquiring 7,439 shares. This reflects a significant move for the firm as it aims to expand its portfolio with this technology stock.

Other Institutional Activity in Intuit

Several other investment firms have notable stakes in Intuit. Blackrock Inc. holds 26,252,335 shares worth about $8.54 billion, having increased its stake by 776,998 shares, a 3.0% rise. State Street Corporation also added 327,927 shares, bringing its total to 13,289,484 shares valued at approximately $4.32 billion, marking a 2.5% increase. Meanwhile, Vanguard Capital Management LLC trimmed its holdings by 121,133 shares, ending with 17,958,464 shares valued at around $5.84 billion, reflecting a 0.7% decrease.

Intuit Inc. Stock Up 4.0%

As of October 16, 2026, Intuit's shares are trading recently around $322.75. This is below its 200-day moving average by 14.4% but above its 50-day average by 0.6%. The stock is currently 53.2% below its 52-week high of $689.17, while sitting 27.6% above its 52-week low of $252.84.

Recent Earnings

Intuit reported trailing twelve-month revenue of $21.45 billion and an earnings per share (EPS) of $16.46. The company has seen a year-over-year revenue growth of 13.7%. Its next earnings report is scheduled for November 19, 2026.

Insider Buying and Selling at Intuit Inc.

Recent insider activity includes Richard Dalzell, who sold 284 shares at an average price of $282.20 on June 16, 2026, for a total of approximately $80,144. Additionally, Officer Lauren Dale Hotz sold 906 shares on August 27, 2026, valued at $314,288. On September 8, 2026, Director Richard L. Dalzell sold 285 shares at an average price of $325.36 for around $92,728. These transactions were all planned, and while selling shares, it doesn't necessarily indicate negative sentiment.

Analysts Set New Price Targets

On September 18, 2026, several analysts reiterated their ratings on Intuit. Evercore ISI Group and Mizuho both maintain an 'Outperform' rating with price targets of $400.00 and $430.00 respectively. Stifel and Truist Securities have a 'Hold' rating with a price target of $300.00. Overall, the consensus recommendation for Intuit is 'buy', with a mean price target of $406.92 based on 31 analyst opinions.

About Intuit Inc.

Intuit Inc. provides a range of financial management, payment, and marketing products and services, primarily in the United States. The company operates through two segments: Global Business Solutions and Consumer, making it a key player in the software application industry.

Bottom Line

Looking ahead, investors should watch for Intuit’s upcoming earnings report on November 19, 2026, to gauge the company's performance. This filing reflects Resonant Capital Advisors' holdings as of the report date and may not represent their current position.