Asset Management One Co. Ltd. Boosts Position in Accenture PLC $ACN

Asset Management One Co. Ltd. increased its holdings in shares of Accenture PLC (NYSE:ACN) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 274,901 shares of the information technology services provider’s stock after purchasing an additional 5,934 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Accenture were worth $82,165,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Accenture in the first quarter valued at approximately $31,000. RMG Wealth Management LLC acquired a new stake in Accenture in the second quarter valued at $33,000. WPG Advisers LLC acquired a new stake in Accenture in the first quarter valued at $42,000. Cheviot Value Management LLC purchased a new stake in shares of Accenture in the first quarter valued at $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new stake in shares of Accenture in the first quarter valued at $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Price Performance

NYSE ACN opened at $249.59 on Friday. The stock has a 50-day simple moving average of $247.25 and a 200 day simple moving average of $277.81. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market capitalization of $164.35 billion, a PE ratio of 20.54, a P/E/G ratio of 2.17 and a beta of 1.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the prior year, the firm posted $2.66 EPS. 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. Research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is 53.66%.

Insider Buying and Selling at Accenture

In other Accenture news, 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 value of $1,725,569.02. Following the transaction, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the transaction, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,402 shares of company stock worth $4,595,374. Insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on ACN. Cowen restated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Evercore ISI set a $280.00 target price on Accenture in a research report on Thursday, September 25th. TD Cowen cut their price target on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Hsbc Global Res raised Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company began coverage on Accenture in a research report on Tuesday. They set an “equal weight” rating and a $251.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $297.48.

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.