Leavell Investment Management Inc. Sells 1,113 Shares of Accenture PLC $ACN

Leavell Investment Management Inc. reduced its stake in shares of Accenture PLC (NYSE:ACN) by 11.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,839 shares of the information technology services provider’s stock after selling 1,113 shares during the quarter. Leavell Investment Management Inc.’s holdings in Accenture were worth $2,642,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mcdaniel Terry & Co. increased its position in shares of Accenture by 26.1% during the second quarter. Mcdaniel Terry & Co. now owns 42,751 shares of the information technology services provider’s stock valued at $12,778,000 after buying an additional 8,847 shares during the period. Leelyn Smith LLC boosted its position in Accenture by 3.1% during the 2nd quarter. Leelyn Smith LLC now owns 13,691 shares of the information technology services provider’s stock valued at $4,092,000 after acquiring an additional 406 shares in the last quarter. Richards Merrill & Peterson Inc. grew its holdings in shares of Accenture by 3.6% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 2,935 shares of the information technology services provider’s stock worth $877,000 after acquiring an additional 103 shares during the period. Sage Mountain Advisors LLC raised its position in shares of Accenture by 4.3% in the 2nd quarter. Sage Mountain Advisors LLC now owns 4,908 shares of the information technology services provider’s stock worth $1,467,000 after acquiring an additional 203 shares in the last quarter. Finally, Moment Partners LLC lifted its stake in shares of Accenture by 4.3% in the 2nd quarter. Moment Partners LLC now owns 1,546 shares of the information technology services provider’s stock valued at $462,000 after purchasing an additional 64 shares during the period. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ACN. Evercore ISI set a $280.00 price objective on Accenture in a report on Thursday, September 25th. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Susquehanna dropped their price objective on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research note on Thursday, September 18th. UBS Group decreased their target price on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. Finally, Wolfe Research boosted their price target on Accenture from $285.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $297.48.

Accenture Trading Down 0.8%

Shares of NYSE ACN opened at $247.93 on Friday. The firm’s 50 day moving average price is $247.27 and its 200-day moving average price is $277.55. 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 1.42 and a current ratio of 1.42. The company has a market cap of $163.25 billion, a PE ratio of 20.41, a P/E/G ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts expect 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. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend 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 dividend yield of 2.6%. Accenture’s dividend payout ratio is currently 53.66%.

Insider Buying and Selling

In related news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,402 shares of company stock worth $4,595,374. 0.02% of the stock is owned by corporate insiders.

Accenture Company 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.