Accenture PLC $ACN Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC grew its holdings in Accenture PLC (NYSE:ACN) by 109.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,409 shares of the information technology services provider’s stock after buying an additional 9,111 shares during the quarter. Simplicity Wealth LLC’s holdings in Accenture were worth $5,203,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the first quarter worth $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture during the first quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of Accenture during the first quarter worth $42,000. Atwood & Palmer Inc. increased its position in shares of Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 110 shares during the period. Finally, Cheviot Value Management LLC purchased a new stake in shares of Accenture during the first quarter worth $43,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Activity

In other news, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Angela Beatty sold 203 shares of the company’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the sale, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,954 shares of company stock valued at $834,280. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

Shares of ACN opened at $245.39 on Friday. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The stock has a market cap of $153.69 billion, a PE ratio of 20.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a fifty day moving average price of $249.57 and a 200 day moving average price of $283.36.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the previous year, the company earned $2.66 earnings per share. Accenture’s quarterly 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 anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s dividend payout ratio is currently 48.72%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. BMO Capital Markets lowered their target price on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Stifel Nicolaus lowered their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Barclays lowered their target price on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research note on Monday, June 23rd. Finally, Evercore ISI set a $280.00 target price on shares of Accenture in a research note on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Company Profile

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.