Horizon Bancorp Inc. IN Has $321,000 Stock Holdings in Accenture PLC $ACN

Horizon Bancorp Inc. IN increased its stake in shares of Accenture PLC (NYSE:ACN) by 85.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,073 shares of the information technology services provider’s stock after purchasing an additional 495 shares during the quarter. Horizon Bancorp Inc. IN’s holdings in Accenture were worth $321,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. IFP Advisors Inc increased its position in Accenture by 3.8% during the 2nd quarter. IFP Advisors Inc now owns 11,615 shares of the information technology services provider’s stock worth $3,474,000 after purchasing an additional 429 shares in the last quarter. Financial Security Advisor Inc. increased its position in Accenture by 43.2% during the 2nd quarter. Financial Security Advisor Inc. now owns 3,055 shares of the information technology services provider’s stock worth $913,000 after purchasing an additional 921 shares in the last quarter. Callan Family Office LLC increased its position in Accenture by 65.1% during the 2nd quarter. Callan Family Office LLC now owns 34,109 shares of the information technology services provider’s stock worth $10,195,000 after purchasing an additional 13,449 shares in the last quarter. Rice Partnership LLC increased its position in Accenture by 28.0% during the 2nd quarter. Rice Partnership LLC now owns 12,846 shares of the information technology services provider’s stock worth $3,840,000 after purchasing an additional 2,812 shares in the last quarter. Finally, TFR Capital LLC. grew its holdings in Accenture by 1.5% during the 2nd quarter. TFR Capital LLC. now owns 5,982 shares of the information technology services provider’s stock worth $1,788,000 after acquiring an additional 89 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Trading Down 0.3%

ACN opened at $252.28 on Friday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average of $247.73 and a 200-day moving average of $282.04. The stock has a market cap of $158.01 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.20 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company 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 company posted $2.66 earnings per share. Accenture’s revenue for the quarter 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. On average, sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

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

Analysts Set New Price Targets

ACN has been the topic of a number of research reports. HSBC reduced their target price on shares of Accenture from $240.00 to $215.00 in a report on Friday, September 26th. The Goldman Sachs Group reduced their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Robert W. Baird reduced their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Barclays reduced their target price on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a report on Monday, June 23rd. Finally, Benchmark reissued a “mixed” rating on shares of Accenture in a report on Friday, June 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Company 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.