Divergent Planning LLC Buys New Shares in Accenture PLC $ACN

Divergent Planning LLC purchased a new position in shares of Accenture PLC (NYSE:ACN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 972 shares of the information technology services provider’s stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the first quarter worth approximately $31,000. RMG Wealth Management LLC acquired a new position in Accenture during the 2nd quarter worth approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Accenture in the 1st quarter valued at approximately $42,000. Cheviot Value Management LLC purchased a new stake in shares of Accenture during the 1st quarter worth $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new position in shares of Accenture during the first quarter worth $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $242.31 on Tuesday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock’s 50-day moving average price is $246.85 and its 200 day moving average price is $278.44. 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 stock has a market capitalization of $159.55 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28.

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

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is 53.66%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Mizuho decreased their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. BMO Capital Markets decreased their target price on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Royal Bank Of Canada dropped their price target on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Stifel Nicolaus reduced their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Finally, Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. One research 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.