NorthRock Partners LLC Sells 687 Shares of Accenture PLC $ACN

NorthRock Partners LLC trimmed its holdings in shares of Accenture PLC (NYSE:ACN) by 14.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,176 shares of the information technology services provider’s stock after selling 687 shares during the period. NorthRock Partners LLC’s holdings in Accenture were worth $1,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of ACN. Brighton Jones LLC raised its position in shares of Accenture by 36.2% in 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. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Accenture by 4.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 238,295 shares of the information technology services provider’s stock valued at $74,357,000 after purchasing an additional 9,689 shares in the last quarter. Ritholtz Wealth Management increased its holdings in shares of Accenture by 42.1% during the 1st quarter. Ritholtz Wealth Management now owns 8,663 shares of the information technology services provider’s stock valued at $2,703,000 after purchasing an additional 2,566 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in Accenture by 62.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 905 shares of the information technology services provider’s stock worth $282,000 after acquiring an additional 347 shares in the last quarter. Finally, Good Life Advisors LLC increased its holdings in Accenture by 1.7% in the 1st quarter. Good Life Advisors LLC now owns 3,498 shares of the information technology services provider’s stock worth $1,091,000 after acquiring an additional 57 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ACN. Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research note on Thursday, September 18th. Mizuho lowered their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Finally, Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Trading Up 1.1%

Shares of ACN stock opened at $243.50 on Tuesday. The company’s 50-day moving average price is $247.15 and its 200-day moving average price is $280.75. 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 has a market cap of $152.51 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 2.10 and a beta of 1.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm 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%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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 predict 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 issued a $1.63 dividend. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s payout ratio is presently 53.66%.

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.