Fort Washington Investment Advisors Inc. OH Has $39.65 Million Position in Accenture PLC $ACN

Fort Washington Investment Advisors Inc. OH raised its position in shares of Accenture PLC (NYSE:ACN) by 1.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 132,649 shares of the information technology services provider’s stock after acquiring an additional 2,311 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Accenture were worth $39,647,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Viawealth LLC increased its holdings in shares of Accenture by 2.6% during the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after buying an additional 33 shares in the last quarter. Aprio Wealth Management LLC grew its stake in shares of Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC grew its stake in shares of Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after purchasing an additional 34 shares during the last quarter. TCTC Holdings LLC grew its stake in shares of Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Spectrum Asset Management Inc. NB CA grew its stake in shares of Accenture by 0.3% during the first quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock valued at $3,675,000 after purchasing an additional 35 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Rothschild & Co Redburn raised their price objective on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Wolfe Research reduced their price objective on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Cowen reaffirmed a “buy” rating on shares of Accenture in a research note on Friday. HSBC reduced their price target on shares of Accenture from $240.00 to $215.00 in a research report on Friday. Finally, Robert W. Baird reduced their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $301.91.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the sale, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the sale, the insider owned 5,249 shares in the company, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,954 shares of company stock worth $834,280. Insiders own 0.02% of the company’s stock.

Accenture Trading Up 3.0%

Shares of NYSE:ACN opened at $239.43 on Friday. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. 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 company’s fifty day simple moving average is $253.43 and its 200 day simple moving average is $286.02. The firm has a market cap of $149.96 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.05 and a beta of 1.29.

Accenture (NYSE:ACN) last issued 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. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the business posted $2.66 earnings per share. The firm’s quarterly 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. As a group, research analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

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.