Accenture PLC $ACN Stock Position Increased by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP boosted its stake in Accenture PLC (NYSE:ACN) by 0.9% during the 2nd quarter, Holdings Channel reports. The firm owned 110,746 shares of the information technology services provider’s stock after buying an additional 976 shares during the quarter. Accenture makes up about 3.9% of L. Roy Papp & Associates LLP’s holdings, making the stock its 5th biggest position. L. Roy Papp & Associates LLP’s holdings in Accenture were worth $33,101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of ACN. Price T Rowe Associates Inc. MD lifted its stake in Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after buying an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Accenture by 2,782.1% in the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after buying an additional 1,395,135 shares during the last quarter. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Accenture in the 2nd quarter worth about $308,000. Finally, Invesco Ltd. increased its holdings in shares of Accenture by 23.5% in the 1st quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after buying an additional 537,223 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

ACN has been the topic of a number of research reports. Guggenheim reduced their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Wolfe Research reduced their target price on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. HSBC reduced their target price on shares of Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Price Performance

Accenture stock opened at $252.28 on Friday. The stock has a market cap of $158.01 billion, a price-to-earnings ratio of 20.76, a price-to-earnings-growth ratio of 2.20 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. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The firm has a 50-day moving average of $247.73 and a two-hundred day moving average of $282.04.

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

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a $1.63 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.6%. Accenture’s dividend payout ratio is presently 48.72%.

About Accenture

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.