REAP Financial Group LLC lifted its stake in Accenture PLC (NYSE:ACN – Free Report) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,182 shares of the information technology services provider’s stock after purchasing an additional 61 shares during the quarter. REAP Financial Group LLC’s holdings in Accenture were worth $353,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of ACN. Vanguard Group Inc. grew its holdings in Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after purchasing an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Accenture by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock valued at $2,111,378,000 after buying an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Accenture by 2.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after acquiring an additional 126,548 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Accenture by 3.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock worth $1,600,470,000 after purchasing an additional 164,573 shares during the period. 75.14% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated 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 of the company’s stock, valued at $644,582.22. This trade represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock worth $834,280 in the last three months. Corporate insiders own 0.02% of the company’s stock.
Accenture Trading Up 1.3%
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the prior year, the business posted $2.66 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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 business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio (DPR) is 48.72%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. Evercore ISI set a $280.00 price target on shares of Accenture in a report on Thursday, September 25th. HSBC lowered their price objective on shares of Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. Wall Street Zen raised shares of Accenture from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. UBS Group reduced their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. Finally, Wolfe Research reduced their price objective on Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $300.22.
View Our Latest Stock Analysis on ACN
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.
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