Louisbourg Investments Inc. Has $4.21 Million Stock Position in Accenture PLC $ACN

Louisbourg Investments Inc. grew its position in Accenture PLC (NYSE:ACN) by 28.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,085 shares of the information technology services provider’s stock after buying an additional 3,100 shares during the period. Louisbourg Investments Inc.’s holdings in Accenture were worth $4,210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Accenture in the 1st quarter valued at $31,000. Inlight Wealth Management LLC acquired a new position in shares of Accenture in the 1st quarter valued at $32,000. RMG Wealth Management LLC acquired a new position in Accenture in the 2nd quarter worth $33,000. WPG Advisers LLC acquired a new position in Accenture in the 1st quarter worth $42,000. Finally, Cheviot Value Management LLC acquired a new position in Accenture in the 1st quarter worth $43,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Down 4.3%

Shares of NYSE:ACN opened at $241.11 on Friday. The company’s 50-day moving average price is $247.45 and its two-hundred day moving average price is $281.57. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The stock has a market capitalization of $151.01 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 2.19 and a beta of 1.28.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm 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 analysts forecast 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 will be paid on Friday, November 14th. Stockholders 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 payout ratio is currently 48.72%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ACN. Mizuho reduced their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. BNP Paribas Exane reduced their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Morgan Stanley reduced their target price on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Susquehanna reduced their target price 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. Finally, Cowen reaffirmed a “buy” rating on shares of Accenture in a research note on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.