Strengthening Families & Communities LLC Sells 199 Shares of Accenture PLC $ACN

Strengthening Families & Communities LLC lowered its holdings in Accenture PLC (NYSE:ACN) by 2.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,010 shares of the information technology services provider’s stock after selling 199 shares during the period. Accenture makes up about 1.3% of Strengthening Families & Communities LLC’s portfolio, making the stock its 23rd largest holding. Strengthening Families & Communities LLC’s holdings in Accenture were worth $2,398,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Viawealth LLC lifted its stake in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares during the last quarter. Aprio Wealth Management LLC raised its stake in shares of Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares during the last quarter. First National Advisers LLC raised its stake in Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after buying an additional 34 shares during the last quarter. TCTC Holdings LLC raised its stake in Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after buying an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co raised its stake in Accenture by 0.4% during the first quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after buying an additional 35 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

NYSE ACN opened at $241.11 on Friday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. 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. The company has a fifty day moving average of $247.45 and a 200-day moving average of $281.57.

Accenture (NYSE:ACN) last posted its quarterly earnings data 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 company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the previous year, the firm posted $2.66 EPS. The firm’s revenue 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. As a group, equities research analysts predict that Accenture PLC will post 12.73 EPS 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 a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ACN. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday. Royal Bank Of Canada reduced their target price on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Finally, Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.