Accenture PLC $ACN is Bey Douglas LLC’s 10th Largest Position

Bey Douglas LLC lifted its position in Accenture PLC (NYSE:ACN) by 37.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,108 shares of the information technology services provider’s stock after buying an additional 5,804 shares during the quarter. Accenture makes up approximately 3.8% of Bey Douglas LLC’s portfolio, making the stock its 10th biggest holding. Bey Douglas LLC’s holdings in Accenture were worth $6,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Louisbourg Investments Inc. lifted its holdings in shares of Accenture by 28.2% in the second quarter. Louisbourg Investments Inc. now owns 14,085 shares of the information technology services provider’s stock worth $4,210,000 after buying an additional 3,100 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its stake in Accenture by 180.2% in the 2nd quarter. Drucker Wealth 3.0 LLC now owns 2,712 shares of the information technology services provider’s stock worth $807,000 after purchasing an additional 1,744 shares in the last quarter. PDS Planning Inc lifted its stake in Accenture by 34.7% in the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock worth $1,212,000 after purchasing an additional 1,044 shares in the last quarter. JB Capital LLC purchased a new stake in Accenture in the 2nd quarter worth approximately $228,000. Finally, Endeavor Private Wealth Inc. lifted its stake in Accenture by 7.2% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 861 shares of the information technology services provider’s stock worth $257,000 after purchasing an additional 58 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Trading Down 4.3%

Shares of ACN opened at $241.11 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 firm’s 50 day simple moving average is $247.45 and its 200 day simple moving average is $281.57. The company has a market capitalization of $151.01 billion, a P/E ratio of 19.84, a P/E/G ratio of 2.19 and a beta of 1.28.

Accenture (NYSE:ACN) last issued 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. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period last year, the business earned $2.66 earnings per share. The business’s quarterly 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. Sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is 48.72%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ACN shares. Wolfe Research lowered their target price on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Guggenheim lowered their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. BNP Paribas Exane lowered their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research note on Wednesday. Finally, Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned 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 stock currently has an average rating of “Moderate Buy” and an average price target of $300.22.

About Accenture

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.