Values Added Financial LLC boosted its stake in Accenture PLC (NYSE:ACN – Free Report) by 29.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 899 shares of the information technology services provider’s stock after purchasing an additional 207 shares during the period. Values Added Financial LLC’s holdings in Accenture were worth $269,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Accenture in the 1st quarter valued at $31,000. Inlight Wealth Management LLC acquired a new stake in Accenture in the 1st quarter valued at $32,000. RMG Wealth Management LLC acquired a new stake in shares of Accenture during the second quarter valued at about $33,000. WPG Advisers LLC acquired a new stake in shares of Accenture during the first quarter valued at about $42,000. Finally, Cheviot Value Management LLC acquired a new stake in shares of Accenture during the first quarter valued at about $43,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on ACN shares. Rothschild & Co Redburn raised their target price on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Stifel Nicolaus lowered their target price on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft lowered their target price on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. lowered their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $300.22.
Accenture Stock Performance
Shares of NYSE ACN opened at $253.17 on Thursday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm’s 50-day moving average price is $248.02 and its two-hundred day moving average price is $282.42. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a market capitalization of $158.57 billion, a P/E ratio of 20.84, a P/E/G ratio of 2.19 and a beta of 1.28.
Accenture (NYSE:ACN – Get Free Report) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter last year, the company posted $2.66 earnings per share. Accenture’s revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.
Accenture Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders 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 dividend yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 48.72%.
Insider Activity
In other news, CEO Julie Spellman Sweet sold 2,251 shares of Accenture 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 sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were 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 approximately $644,582.22. This trade represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, 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.
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