Wilmington Savings Fund Society, FSB 13F: Cuts INTU Stake by $1.6M

Wilmington Savings Fund Society cut its holdings in Intuit Inc. INTU by 5,910 shares during the quarter, according to a form 13F filing with the SEC on October 23, 2026. The institutional investor lowered its position by 21.77%, ending the period with 21,241 shares valued at $5,856,356. Intuit closed at $343.39 on the day of the filing.

INTU Intuit Inc.

$343.39 ▼ -44.68% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Wilmington Savings Fund Society's Intuit Position

The fund held 27,151 shares of the software maker before the adjustment. Selling 5,910 shares left the investor with 21,241 shares, reflecting a 21.8% reduction for the quarter. The remaining stake carried a reported value of $5,856,356 at the time of the filing.

Other Institutional Activity in Intuit

Other big investors made mixed moves with the software company's stock during the same filing window. Fifth Third Wealth Advisors grew its holdings by 3,424 shares, ending with 13,753 shares worth about $3,791,879. Annex Advisory Services picked up a new stake of 59,519 shares valued at $16,409,983, while Accurate Wealth Management added 3,967 shares for a total holding of 3,967 shares worth $1,197,450. On the selling side, Goelzer Investment Management closed out its position by shedding 2,189 shares, and Trinity Street Asset Management sold off its entire stake of 44,025 shares.

Intuit Inc. Stock Up 2.3%

Intuit recently traded around $343.36 as of October 24, 2026. The stock sits above its 50-day moving average of $321.42, while remaining below its 200-day moving average of $369.29. Shares trade well off the 52-week high of $689.17 and above the 52-week low of $252.84.

Recent Earnings

Intuit reported trailing twelve-month revenue of $21.45 billion alongside a net profit margin of 21.3%. The company is scheduled to release its next financial results on November 19, 2026.

Dividend

Intuit pays an annual dividend rate of $5.52 per share, which translates to a dividend yield of 1.56%.

Insider Buying and Selling at Intuit Inc.

Company insiders completed stock sales ahead of the filing. Officer Lauren Dale Hotz sold 906 shares on August 27, 2026, for a total value of $314,288. Director Richard L. Dalzell sold 285 shares on September 8, 2026, at an average price of $325.36, totaling $92,728.

Analysts Set New Price Targets

Wall Street research firms updated their views on the stock ahead of the filing. Evercore ISI Group reiterated an Outperform rating with a $400.00 price target on September 18, 2026. Mizuho reiterated an Outperform rating with a $430.00 price target on the same day, while Stifel reiterated a Hold rating with a $300.00 target and Truist Securities reiterated a Hold rating with a $300.00 target. RBC Capital reiterated an Outperform rating with a $385.00 target on October 2, 2026. Overall, the stock carries a consensus buy rating from 31 analysts with a mean price target of $406.92.

About Intuit

Intuit Inc. provides financial management, payments, compliance, and marketing software products and services. The company helps consumers and businesses handle taxes, bookkeeping, and payroll through platforms like TurboTax, QuickBooks, and Credit Karma.

Bottom Line

Investors tracking Wilmington Savings Fund Society will note the reduced exposure to the software firm. Market participants will look toward the company's next earnings report on November 19, 2026, for further clues on business growth.