Marietta Wealth Management LLC Has $7.22 Million Stock Position in Accenture PLC $ACN

Marietta Wealth Management LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 5.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,148 shares of the information technology services provider’s stock after buying an additional 1,190 shares during the quarter. Marietta Wealth Management LLC’s holdings in Accenture were worth $7,218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of 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 worth $19,912,594,000 after purchasing an additional 3,419,577 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Accenture by 63.9% in the first 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 during the period. Goldman Sachs Group Inc. increased its position in shares of Accenture by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after purchasing an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Accenture by 2.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after purchasing an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Accenture by 3.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock worth $1,600,470,000 after purchasing an additional 164,573 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Ratings Changes

ACN has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. BMO Capital Markets decreased their target price on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research report on Friday, September 26th. Robert W. Baird decreased their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Morgan Stanley decreased their target price on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. One equities 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Insider Buying and Selling

In related news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the transaction, 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 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 owned by company insiders.

Accenture Stock Performance

NYSE:ACN opened at $245.39 on Friday. The stock has a market cap of $153.69 billion, a P/E ratio of 20.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average is $249.57 and its 200-day moving average is $283.36. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.66 earnings per share. 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 year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This is an increase from Accenture’s previous quarterly dividend of $1.48. 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. Accenture’s payout ratio is presently 48.72%.

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.