Bartlett & CO. Wealth Management LLC Increases Position in Accenture PLC $ACN

Bartlett & CO. Wealth Management LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 0.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 301,169 shares of the information technology services provider’s stock after buying an additional 67 shares during the quarter. Accenture comprises 1.3% of Bartlett & CO. Wealth Management LLC’s holdings, making the stock its 21st biggest position. Bartlett & CO. Wealth Management LLC’s holdings in Accenture were worth $90,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Rogco LP lifted its stake in shares of Accenture by 16.1% during the second quarter. Rogco LP now owns 1,986 shares of the information technology services provider’s stock valued at $594,000 after buying an additional 275 shares during the period. Forza Wealth Management LLC raised its stake in Accenture by 6.0% during the second quarter. Forza Wealth Management LLC now owns 3,554 shares of the information technology services provider’s stock worth $1,062,000 after purchasing an additional 201 shares during the period. Community Bank & Trust Waco Texas raised its stake in Accenture by 11.4% during the second quarter. Community Bank & Trust Waco Texas now owns 2,426 shares of the information technology services provider’s stock worth $725,000 after purchasing an additional 248 shares during the period. Childress Capital Advisors LLC raised its stake in Accenture by 41.1% during the second quarter. Childress Capital Advisors LLC now owns 1,761 shares of the information technology services provider’s stock worth $526,000 after purchasing an additional 513 shares during the period. Finally, PFG Investments LLC raised its stake in Accenture by 14.3% during the second quarter. PFG Investments LLC now owns 3,040 shares of the information technology services provider’s stock worth $909,000 after purchasing an additional 381 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Activity at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela Beatty sold 203 shares of the 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 transaction, the insider 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 disclosure for this sale can be found here. In the last three months, insiders sold 2,954 shares of company stock valued at $834,280. Corporate insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN opened at $246.72 on Wednesday. The company has a fifty day simple moving average of $251.91 and a 200 day simple moving average of $285.04. The firm has a market cap of $154.53 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 2.15 and a beta of 1.29. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

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, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion during 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%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 48.72%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ACN. Robert W. Baird cut their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. The Goldman Sachs Group cut their price target on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Barclays cut their price target on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a research note on Monday, June 23rd. Guggenheim dropped their price objective on shares of Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Finally, Susquehanna dropped their price objective on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $300.22.

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.