KPP Advisory Services LLC Grows Stock Holdings in Accenture PLC $ACN

KPP Advisory Services LLC lifted its position in Accenture PLC (NYSE:ACNFree Report) by 19.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,328 shares of the information technology services provider’s stock after purchasing an additional 711 shares during the quarter. KPP Advisory Services LLC’s holdings in Accenture were worth $1,294,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Orrstown Financial Services Inc. grew its stake in shares of Accenture by 29.5% during the first quarter. Orrstown Financial Services Inc. now owns 1,810 shares of the information technology services provider’s stock valued at $565,000 after buying an additional 412 shares during the last quarter. Whitaker Myers Wealth Managers LTD. purchased a new position in shares of Accenture in the first quarter worth about $447,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in Accenture by 55.4% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 1,500 shares of the information technology services provider’s stock valued at $468,000 after acquiring an additional 535 shares during the period. Finally, Miracle Mile Advisors LLC grew its position in Accenture by 7.6% during the 1st quarter. Miracle Mile Advisors LLC now owns 38,854 shares of the information technology services provider’s stock worth $12,124,000 after acquiring an additional 2,758 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly 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 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 ninety days. 0.02% of the stock is currently owned by corporate insiders.

Accenture Stock Performance

Shares of ACN opened at $245.39 on Monday. 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 stock has a market cap of $153.69 billion, a P/E ratio of 20.20, a P/E/G ratio of 2.14 and a beta of 1.28. The business’s 50 day moving average price is $249.57 and its 200-day moving average price is $283.24. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACNGet Free Report) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping 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 business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the previous year, the company posted $2.66 earnings per share. The company’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. Equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced 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. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is 48.72%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ACN. Benchmark reissued a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Susquehanna lowered their price objective on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research note on Thursday, September 18th. Hsbc Global Res upgraded Accenture to a “moderate sell” rating in a report on Monday, July 28th. Barclays cut their price objective on Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a research report on Monday, June 23rd. Finally, Guggenheim cut their price target on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $300.22.

Read Our Latest Stock Analysis on ACN

About Accenture

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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