Jensen Investment Management Inc. Sells 508,553 Shares of Accenture PLC $ACN

Jensen Investment Management Inc. trimmed its position in shares of Accenture PLC (NYSE:ACN) by 27.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,327,010 shares of the information technology services provider’s stock after selling 508,553 shares during the period. Accenture makes up about 4.6% of Jensen Investment Management Inc.’s holdings, making the stock its 7th biggest holding. Jensen Investment Management Inc. owned 0.21% of Accenture worth $396,630,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sanders Capital LLC acquired a new stake in Accenture during the second quarter worth about $2,637,640,000. Price T Rowe Associates Inc. MD increased its position 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 worth $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. raised its holdings in Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after buying an additional 3,419,577 shares during the period. Pacer Advisors Inc. lifted its position in Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after buying an additional 1,395,135 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC purchased a new stake in Accenture during the second quarter worth approximately $308,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 0.9%

Shares of NYSE:ACN opened at $245.29 on Friday. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $161.52 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a fifty day simple moving average of $244.66 and a 200 day simple moving average of $273.05.

Accenture (NYSE:ACN) last announced 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. The company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the sale, the insider owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Evercore ISI set a $280.00 target price on shares of Accenture in a report on Thursday, September 25th. BMO Capital Markets reduced their price objective on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research note on Friday, September 26th. Stifel Nicolaus lowered their target price on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. BNP Paribas Exane reduced their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $294.25.

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.