Accenture PLC $ACN Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. cut its holdings in shares of Accenture PLC (NYSE:ACN) by 8.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 208,559 shares of the information technology services provider’s stock after selling 18,650 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Accenture were worth $62,336,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings 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 worth $6,486,000 after purchasing an additional 4,905 shares during the period. IFP Advisors Inc grew its position in shares of Accenture by 2.4% during the first quarter. IFP Advisors Inc now owns 11,186 shares of the information technology services provider’s stock worth $3,490,000 after buying an additional 266 shares in the last quarter. Souders Financial Advisors increased its stake in shares of Accenture by 49.3% during the first quarter. Souders Financial Advisors now owns 1,650 shares of the information technology services provider’s stock worth $515,000 after buying an additional 545 shares during the period. Gallacher Capital Management LLC raised its holdings in Accenture by 136.1% in the first quarter. Gallacher Capital Management LLC now owns 1,601 shares of the information technology services provider’s stock valued at $500,000 after acquiring an additional 923 shares in the last quarter. Finally, Edgemoor Investment Advisors Inc. lifted its stake in Accenture by 8.7% in the first quarter. Edgemoor Investment Advisors Inc. now owns 6,190 shares of the information technology services provider’s stock worth $1,932,000 after acquiring an additional 494 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In other news, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This represents a 78.77% 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, CEO Julie Spellman Sweet sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is owned by company insiders.

Accenture Stock Down 1.7%

ACN opened at $241.12 on Tuesday. The stock has a market capitalization of $158.77 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business’s 50-day simple moving average is $244.37 and its 200-day simple moving average is $272.44.

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

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, October 10th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is 53.66%.

Wall Street Analyst Weigh In

ACN has been the topic of a number of analyst reports. UBS Group reduced their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Mizuho cut their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Evercore ISI set a $280.00 price objective on Accenture in a research report on Thursday, September 25th. Finally, Susquehanna dropped their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

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.