Inceptionr LLC Raises Position in Accenture PLC $ACN

Inceptionr LLC raised its holdings in shares of Accenture PLC (NYSE:ACN) by 261.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,454 shares of the information technology services provider’s stock after acquiring an additional 2,499 shares during the period. Inceptionr LLC’s holdings in Accenture were worth $1,032,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Accenture by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after acquiring an additional 1,315,548 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Accenture by 1.1% during the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Accenture by 0.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock worth $2,689,659,000 after purchasing an additional 56,108 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Accenture by 63.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares during the last quarter. Finally, Sanders Capital LLC purchased a new stake in Accenture during the 2nd quarter valued at $2,637,640,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Price Performance

Shares of NYSE:ACN opened at $247.91 on Thursday. The company has a market capitalization of $163.24 billion, a PE ratio of 20.40, a PEG ratio of 2.16 and a beta of 1.28. The business has a fifty day moving average price of $244.81 and a 200-day moving average price of $269.66. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42.

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

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 10th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Mizuho decreased their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. UBS Group cut their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. HSBC decreased their target price on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Finally, Stifel Nicolaus reduced their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Insider Activity at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the sale, the chief executive officer directly owned 23,516 shares in the company, valued at approximately $5,868,888.12. This trade represents a 27.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the business’s 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 completion of the transaction, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by corporate insiders.

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.