Asset Advisors Investment Management LLC Sells 2,809 Shares of Accenture PLC $ACN

Asset Advisors Investment Management LLC lowered its stake in shares of Accenture PLC (NYSE:ACN) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,187 shares of the information technology services provider’s stock after selling 2,809 shares during the period. Accenture accounts for 2.2% of Asset Advisors Investment Management LLC’s holdings, making the stock its 13th biggest position. Asset Advisors Investment Management LLC’s holdings in Accenture were worth $21,875,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares in the last quarter. Merit Financial Group LLC grew its holdings in Accenture by 7.8% in the 1st quarter. Merit Financial Group LLC now owns 15,322 shares of the information technology services provider’s stock valued at $4,781,000 after buying an additional 1,110 shares in the last quarter. RFG Advisory LLC grew its holdings in shares of Accenture by 4.7% during the 1st quarter. RFG Advisory LLC now owns 3,187 shares of the information technology services provider’s stock worth $995,000 after purchasing an additional 143 shares in the last quarter. TrueWealth Advisors LLC acquired a new stake in shares of Accenture during the 1st quarter worth $282,000. Finally, Matrix Trust Co grew its holdings in shares of Accenture by 1.7% during the 1st quarter. Matrix Trust Co now owns 7,330 shares of the information technology services provider’s stock worth $2,287,000 after purchasing an additional 123 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Price Performance

Shares of ACN opened at $244.58 on Friday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The company has a market capitalization of $153.19 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 2.12 and a beta of 1.28. The business has a 50-day moving average of $250.32 and a 200-day moving average of $284.19.

Accenture (NYSE:ACN) last issued its 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 during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous 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. As a group, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. 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. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s payout ratio is presently 48.72%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Cowen reissued a “buy” rating on shares of Accenture in a report on Friday, September 26th. Morgan Stanley reduced 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. Robert W. Baird reduced their price objective on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research note on Tuesday. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares in the company, valued at $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock valued at $834,280. Insiders own 0.02% of the company’s stock.

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.