Outlook Wealth Advisors LLC Makes New Investment in Accenture PLC $ACN

Outlook Wealth Advisors LLC purchased a new stake in Accenture PLC (NYSE:ACN) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 2,023 shares of the information technology services provider’s stock, valued at approximately $605,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC acquired a new position in Accenture during the 2nd quarter valued at approximately $33,000. WPG Advisers LLC bought a new position in Accenture during the 1st quarter worth $42,000. Cheviot Value Management LLC acquired a new stake in Accenture in the first quarter worth $43,000. Finally, Fiduciary Wealth Partners LLC bought a new stake in Accenture in the first quarter valued at $45,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ACN. Citigroup raised shares of Accenture to a “hold” rating in a report on Thursday, October 23rd. Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Rothschild & Co Redburn lifted their price target on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Deutsche Bank Aktiengesellschaft decreased their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a report on Friday, September 26th. Finally, Wells Fargo & Company started coverage on Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Insider Buying and Selling

In related news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the sale, the chief executive officer directly owned 23,516 shares in the company, valued at approximately $5,868,888.12. The trade was a 27.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,319 shares of company stock worth $8,335,225 in the last 90 days. 0.02% of the stock is owned by company insiders.

Accenture Trading Down 0.6%

Accenture stock opened at $239.99 on Wednesday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $158.03 billion, a price-to-earnings ratio of 19.75, a P/E/G ratio of 2.16 and a beta of 1.28. The company has a 50 day moving average price of $244.13 and a 200 day moving average price of $271.98.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (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 company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter in the prior year, the company posted $2.66 EPS. The firm’s revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were paid a $1.63 dividend. The ex-dividend date was Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is currently 53.66%.

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.