714 Shares in Accenture PLC $ACN Purchased by Abel Hall LLC

Abel Hall LLC acquired a new position in Accenture PLC (NYSE:ACNFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 714 shares of the information technology services provider’s stock, valued at approximately $213,000.

Several other large investors have also recently bought and sold shares of ACN. Brighton Jones LLC increased its stake in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares during the period. Signet Financial Management LLC acquired a new position in Accenture during the 1st quarter valued at about $823,000. Wealthcare Advisory Partners LLC boosted its position in shares of Accenture by 41.4% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,864 shares of the information technology services provider’s stock valued at $1,518,000 after purchasing an additional 1,424 shares in the last quarter. Accurate Wealth Management LLC boosted its position in shares of Accenture by 26.5% during the 1st quarter. Accurate Wealth Management LLC now owns 2,318 shares of the information technology services provider’s stock valued at $663,000 after purchasing an additional 485 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its position in shares of Accenture by 11.4% during the 1st quarter. Integrated Advisors Network LLC now owns 18,470 shares of the information technology services provider’s stock valued at $5,763,000 after purchasing an additional 1,885 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

ACN has been the subject of several research reports. Guggenheim reduced their price objective on shares of Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, September 26th. UBS Group reduced their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. The Goldman Sachs Group reduced their price objective on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research report on Friday, September 26th. HSBC reduced their price objective on shares of Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. Finally, Morgan Stanley decreased their target price on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

View Our Latest Research Report on ACN

Accenture Trading Up 0.8%

Shares of Accenture stock opened at $253.17 on Thursday. The company’s fifty day simple moving average is $248.02 and its 200-day simple moving average is $282.42. The company has a market cap of $158.57 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 2.19 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter in the previous year, the company earned $2.66 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is presently 48.72%.

Insiders Place Their Bets

In other Accenture news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the sale, the insider owned 5,249 shares in the company, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the sale, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This represents a 21.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock worth $834,280 over the last 90 days. Corporate insiders own 0.02% of the company’s stock.

About Accenture

(Free Report)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

See Also

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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