Accenture PLC $ACN Shares Sold by Union Savings Bank

Union Savings Bank reduced its position in Accenture PLC (NYSE:ACN) by 6.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,764 shares of the information technology services provider’s stock after selling 254 shares during the quarter. Union Savings Bank’s holdings in Accenture were worth $1,125,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers raised its position in Accenture by 2.7% during the second quarter. Cetera Investment Advisers now owns 138,443 shares of the information technology services provider’s stock worth $41,379,000 after acquiring an additional 3,646 shares during the last quarter. Creative Planning increased its stake in shares of Accenture by 3.0% during the 2nd quarter. Creative Planning now owns 263,434 shares of the information technology services provider’s stock worth $78,738,000 after purchasing an additional 7,647 shares in the last quarter. Advisory Resource Group raised its position in shares of Accenture by 7.3% during the 2nd quarter. Advisory Resource Group now owns 3,531 shares of the information technology services provider’s stock worth $1,055,000 after purchasing an additional 239 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Accenture by 7.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 153,536 shares of the information technology services provider’s stock valued at $45,890,000 after buying an additional 10,497 shares in the last quarter. Finally, Security Financial Services INC. grew its holdings in Accenture by 10.2% during the 2nd quarter. Security Financial Services INC. now owns 2,992 shares of the information technology services provider’s stock valued at $894,000 after buying an additional 278 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Accenture stock opened at $245.29 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $161.52 billion, a P/E ratio of 20.19, a PEG ratio of 2.16 and a beta of 1.28. The firm has a fifty day moving average of $244.66 and a 200-day moving average of $273.22. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion during 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 company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend 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 presently 53.66%.

Insider Activity

In other news, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. The trade was a 64.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the sale, the insider directly owned 1,860 shares in the company, valued at $465,018.60. This trade represents a 78.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ACN shares. Robert W. Baird cut their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Morgan Stanley cut their target price on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Stifel Nicolaus reduced their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. TD Cowen lowered their price target on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average price target of $294.25.

Accenture 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.