Sonora Investment Management Group LLC Increases Stock Position in Accenture PLC $ACN

Sonora Investment Management Group LLC grew its position in shares of Accenture PLC (NYSE:ACN) by 17.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,078 shares of the information technology services provider’s stock after purchasing an additional 6,733 shares during the quarter. Sonora Investment Management Group LLC’s holdings in Accenture were worth $13,772,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Accenture by 1.8% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 132,649 shares of the information technology services provider’s stock valued at $39,647,000 after acquiring an additional 2,311 shares during the period. Guyasuta Investment Advisors Inc. raised its position in Accenture by 4.2% in the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 48,302 shares of the information technology services provider’s stock valued at $14,437,000 after purchasing an additional 1,967 shares during the last quarter. Neumann Capital Management LLC boosted its stake in Accenture by 0.7% during the 2nd quarter. Neumann Capital Management LLC now owns 7,172 shares of the information technology services provider’s stock worth $2,144,000 after purchasing an additional 50 shares during the period. RBA Wealth Management LLC grew its position in Accenture by 13.0% during the 2nd quarter. RBA Wealth Management LLC now owns 8,277 shares of the information technology services provider’s stock worth $2,474,000 after purchasing an additional 951 shares during the last quarter. Finally, KWB Wealth acquired a new position in Accenture in the second quarter valued at $547,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ACN shares. UBS Group lowered their price target on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday. Morgan Stanley dropped their target price on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Argus set a $370.00 price target on Accenture in a research note on Tuesday, June 24th. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a research report on Monday, July 28th. Finally, Benchmark restated a “mixed” rating on shares of Accenture in a research report on Friday, June 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $301.91.

Accenture Stock Up 3.0%

ACN stock opened at $239.43 on Friday. 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 company’s 50-day moving average price is $253.43 and its 200 day moving average price is $286.02. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a market cap of $149.96 billion, a P/E ratio of 19.71, a P/E/G ratio of 2.05 and a beta of 1.29.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. 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 yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Insider Activity

In related news, insider Angela Beatty sold 203 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares in the company, valued at $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock worth $834,280 over the last ninety days. 0.02% of the stock is currently owned by insiders.

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.