Autumn Glory Partners LLC Sells 78 Shares of Accenture PLC $ACN

Autumn Glory Partners LLC lowered its holdings in shares of Accenture PLC (NYSE:ACN) by 1.4% in the second quarter, HoldingsChannel reports. The firm owned 5,611 shares of the information technology services provider’s stock after selling 78 shares during the period. Autumn Glory Partners LLC’s holdings in Accenture were worth $1,677,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Viawealth LLC grew its holdings in Accenture by 2.6% during the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after purchasing an additional 33 shares during the period. Aprio Wealth Management LLC grew its holdings in Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares during the period. First National Advisers LLC grew its holdings in Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after purchasing an additional 34 shares during the period. TCTC Holdings LLC boosted its holdings in shares of Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after acquiring an additional 34 shares during the period. Finally, Spectrum Asset Management Inc. NB CA boosted its holdings in shares of Accenture by 0.3% during the first quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after acquiring an additional 35 shares during the period. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

NYSE ACN opened at $245.39 on Monday. The firm’s fifty day moving average price is $249.57 and its two-hundred day moving average price is $283.24. The stock has a market cap of $153.69 billion, a PE ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The firm had revenue of $17.60 billion for 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 company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of the business’s stock in a transaction on Friday, July 11th. The stock was 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 in the company, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock valued at $834,280 over the last 90 days. 0.02% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Guggenheim reduced their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. Robert W. Baird dropped their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Susquehanna dropped their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. HSBC dropped their price target on shares of Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. Finally, BNP Paribas Exane dropped their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average price target of $300.22.

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.