714 Shares in Accenture PLC $ACN Purchased by Abel Hall LLC

Abel Hall LLC bought a new position in shares of Accenture PLC (NYSE:ACNFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 714 shares of the information technology services provider’s stock, valued at approximately $213,000.

A number of other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares in the last quarter. Signet Financial Management LLC acquired a new position in Accenture during the 1st quarter worth about $823,000. Wealthcare Advisory Partners LLC lifted its position in Accenture by 41.4% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,864 shares of the information technology services provider’s stock worth $1,518,000 after buying an additional 1,424 shares in the last quarter. Accurate Wealth Management LLC lifted its position in Accenture by 26.5% during the 1st quarter. Accurate Wealth Management LLC now owns 2,318 shares of the information technology services provider’s stock worth $663,000 after buying an additional 485 shares in the last quarter. Finally, Integrated Advisors Network LLC lifted its position in Accenture by 11.4% during the 1st quarter. Integrated Advisors Network LLC now owns 18,470 shares of the information technology services provider’s stock worth $5,763,000 after buying an additional 1,885 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the sale, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. This represents 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 this link. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock valued at $834,280 in the last ninety days. 0.02% of the stock is owned by insiders.

Accenture Stock Performance

Shares of ACN stock opened at $253.17 on Thursday. 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 stock has a market cap of $158.57 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 2.19 and a beta of 1.28. The stock has a 50-day moving average of $248.02 and a 200-day moving average of $282.42. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results 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 company had revenue of $17.60 billion during 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%.Accenture’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders 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 of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ACN. Mizuho reduced their price target on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Rothschild Redb downgraded shares of Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. HSBC dropped their price objective on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. Finally, TD Cowen dropped their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Read Our Latest Report on ACN

Accenture Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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