2,500 Accenture PLC $ACN Shares Acquired by Rayburn West Financial Services LLC

Rayburn West Financial Services LLC increased its position in shares of Accenture PLC (NYSE:ACN) by 52.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,301 shares of the information technology services provider’s stock after buying an additional 2,500 shares during the period. Rayburn West Financial Services LLC’s holdings in Accenture were worth $1,339,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Regent Peak Wealth Advisors LLC increased its stake in Accenture by 10.4% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock valued at $9,232,000 after purchasing an additional 7,018 shares in the last quarter. Carnegie Investment Counsel lifted its stake in shares of Accenture by 63.5% during the third quarter. Carnegie Investment Counsel now owns 26,565 shares of the information technology services provider’s stock worth $4,871,000 after buying an additional 10,322 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of Accenture by 72.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock worth $2,421,000 after buying an additional 8,169 shares during the period. Dearborn Partners LLC purchased a new stake in shares of Accenture during the second quarter valued at $25,108,000. Finally, Bright Rock Capital Management LLC purchased a new stake in shares of Accenture during the second quarter valued at $7,466,000. 75.14% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Julie Sweet bought 12,200 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was purchased at an average cost of $245.99 per share, with a total value of $3,001,078.00. Following the acquisition, the chief executive officer directly owned 48,910 shares in the company, valued at $12,031,370.90. This trade represents a 33.23% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryoji Sekido sold 5,844 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $244.84, for a total transaction of $1,430,844.96. Following the completion of the transaction, the chief executive officer owned 1,194 shares of the company’s stock, valued at approximately $292,338.96. This represents a 83.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 18,675 shares of company stock worth $4,747,563. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $260.36 on Friday. The stock has a market cap of $153.89 billion, a PE ratio of 19.20, a price-to-earnings-growth ratio of 2.00 and a beta of 1.01. The business has a 50-day simple moving average of $210.35 and a 200-day simple moving average of $191.91. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $3.18 by $0.11. The firm had revenue of $18.68 billion for the quarter, compared to analyst estimates of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. Accenture’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, equities analysts expect that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be given a $1.71 dividend. The ex-dividend date is Tuesday, October 13th. This represents a $6.84 annualized dividend and a yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.63. Accenture’s payout ratio is currently 50.44%.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture and Mondelēz International are applying agentic AI to redesign Mondelēz’s global order-to-cash operations, including ordering, invoicing and collections. The project showcases demand for Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
• Positive Sentiment: A valuation analysis says ACN trades at about 18 times forward earnings, below its 10-year average of 24 times, even after a strong recent rally. That could appeal to investors who see room for the valuation to recover. Accenture’s valuation analysis
• Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his direct holdings by about 62.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. Accenture CEO share sale
• Negative Sentiment: Accenture fell even as the market rose, indicating relative weakness in the session. The report describes the decline but does not point to a specific company catalyst. Accenture stock underperforms as the market gains

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ACN. Mizuho upped their target price on Accenture from $226.00 to $241.00 and gave the company an “outperform” rating in a research report on Tuesday, October 6th. Argus lifted their price target on Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Citigroup boosted their price target on Accenture from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. BMO Capital Markets set a $235.00 price objective on Accenture in a report on Friday, October 2nd. Finally, The Goldman Sachs Group increased their price objective on Accenture from $230.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Ten research analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $221.07.

About Accenture

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions.

The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.

Accenture traces its roots to the consulting business of accounting firm Arthur Andersen.