Accenture PLC $ACN Shares Bought by Bank of Montreal Can

Bank of Montreal Can grew its holdings in Accenture PLC (NYSE:ACN) by 5.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,233,684 shares of the information technology services provider’s stock after purchasing an additional 65,102 shares during the quarter. Bank of Montreal Can’s holdings in Accenture were worth $368,736,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Telos Capital Management Inc. boosted its stake in Accenture by 10.2% during the second quarter. Telos Capital Management Inc. now owns 8,546 shares of the information technology services provider’s stock worth $2,554,000 after buying an additional 788 shares during the last quarter. South Dakota Investment Council increased its stake in shares of Accenture by 3.8% in the 2nd quarter. South Dakota Investment Council now owns 41,803 shares of the information technology services provider’s stock worth $12,494,000 after acquiring an additional 1,546 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of Accenture by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 182,738 shares of the information technology services provider’s stock worth $54,619,000 after acquiring an additional 500 shares during the period. iA Global Asset Management Inc. boosted its position in shares of Accenture by 58.6% during the 2nd quarter. iA Global Asset Management Inc. now owns 108,929 shares of the information technology services provider’s stock valued at $32,558,000 after acquiring an additional 40,258 shares during the last quarter. Finally, Nicholas Company Inc. grew its holdings in shares of Accenture by 14.7% in the second quarter. Nicholas Company Inc. now owns 245,484 shares of the information technology services provider’s stock valued at $73,373,000 after purchasing an additional 31,435 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Trading Up 0.5%

Shares of NYSE ACN opened at $250.44 on Monday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $164.91 billion, a PE ratio of 20.61, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The stock has a fifty day simple moving average of $246.87 and a 200-day simple moving average of $275.96.

Accenture (NYSE:ACN) last announced its 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. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Insider Buying and Selling

In other news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total value of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares in the company, valued at approximately $3,678,354.40. The trade was a 38.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,402 shares of company stock valued at $6,875,974 in the last ninety days. Company insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ACN shares. JPMorgan Chase & Co. decreased their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. UBS Group reduced their price target on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. Citigroup upgraded Accenture to a “hold” rating in a research report on Thursday, October 23rd. Evercore ISI set a $280.00 target price on Accenture in a research report on Thursday, September 25th. Finally, BMO Capital Markets lowered their price target on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $294.25.

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.