Topsail Wealth Management LLC Boosts Holdings in Accenture PLC $ACN

Topsail Wealth Management LLC lifted its stake in Accenture PLC (NYSE:ACN) by 4.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,606 shares of the information technology services provider’s stock after purchasing an additional 64 shares during the quarter. Topsail Wealth Management LLC’s holdings in Accenture were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of ACN. Brighton Jones LLC raised its position in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Western Wealth Management LLC increased its holdings in Accenture by 185.1% in the 1st quarter. Western Wealth Management LLC now owns 2,349 shares of the information technology services provider’s stock worth $733,000 after buying an additional 1,525 shares in the last quarter. Perpetual Ltd increased its holdings in Accenture by 0.7% in the 1st quarter. Perpetual Ltd now owns 7,838 shares of the information technology services provider’s stock worth $2,446,000 after buying an additional 51 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new stake in Accenture in the 1st quarter worth about $221,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Accenture by 17.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,606 shares of the information technology services provider’s stock worth $19,744,000 after buying an additional 9,928 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Trading Down 0.8%

Accenture stock opened at $247.93 on Friday. The business has a 50-day simple moving average of $247.27 and a two-hundred day simple moving average of $277.55. The company has a market cap of $163.25 billion, a P/E ratio of 20.41, a P/E/G ratio of 2.16 and a beta of 1.28. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (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 the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a dividend of $1.63 per share. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date 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 is presently 53.66%.

Insider Activity at Accenture

In related news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. 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 company insiders.

Analysts Set New Price Targets

ACN has been the subject of several research analyst reports. Susquehanna reduced their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. Stifel Nicolaus reduced their price objective on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. JPMorgan Chase & Co. reduced their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, September 26th. The Goldman Sachs Group reduced their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Wolfe Research boosted their price target on Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $297.48.

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.