Neumann Capital Management LLC Acquires 50 Shares of Accenture PLC $ACN

Neumann Capital Management LLC raised its position in shares of Accenture PLC (NYSE:ACN) by 0.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,172 shares of the information technology services provider’s stock after purchasing an additional 50 shares during the period. Neumann Capital Management LLC’s holdings in Accenture were worth $2,144,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ACN. Viawealth LLC increased its stake in shares of Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC increased its stake in shares of Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares in the last quarter. First National Advisers LLC increased its stake in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after buying an additional 34 shares in the last quarter. TCTC Holdings LLC increased its stake in Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after buying an additional 34 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA increased its stake in Accenture by 0.3% in the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Evercore ISI set a $280.00 price target on Accenture in a research note on Thursday. HSBC cut their price target on Accenture from $240.00 to $215.00 in a research note on Friday. BNP Paribas Exane cut their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday. Stifel Nicolaus reduced their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Finally, Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $301.91.

Insider Buying and Selling at Accenture

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

Accenture Stock Performance

Shares of ACN stock opened at $239.43 on Friday. 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. The company’s 50 day moving average is $253.43 and its 200 day moving average is $286.02. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate 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. 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%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s payout ratio is 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.