Accenture PLC $ACN Shares Sold by Bingham Private Wealth LLC

Bingham Private Wealth LLC decreased its holdings in Accenture PLC (NYSE:ACN) by 6.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,050 shares of the information technology services provider’s stock after selling 133 shares during the quarter. Bingham Private Wealth LLC’s holdings in Accenture were worth $613,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Accenture in the 1st quarter valued at $31,000. Inlight Wealth Management LLC purchased a new position in Accenture in the 1st quarter valued at about $32,000. WPG Advisers LLC acquired a new stake in Accenture in the 1st quarter worth about $42,000. Atwood & Palmer Inc. increased its stake in Accenture by 407.4% during the 1st quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after buying an additional 110 shares in the last quarter. Finally, Cheviot Value Management LLC purchased a new position in shares of Accenture in the first quarter valued at approximately $43,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Accenture

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

Analyst Upgrades and Downgrades

ACN has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. UBS Group decreased their price target on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. The Goldman Sachs Group dropped their price objective on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. Cowen reissued a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Finally, Susquehanna dropped their price target on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average target price of $300.22.

Accenture Stock Performance

Accenture stock opened at $248.18 on Tuesday. The firm has a 50 day simple moving average of $248.99 and a 200-day simple moving average of $282.84. The stock has a market cap of $155.44 billion, a price-to-earnings ratio of 20.43, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The firm 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 firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm 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, analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently disclosed 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. This represents a $6.52 dividend on an annualized basis and a dividend 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 is 48.72%.

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.