Accenture PLC $ACN Shares Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. raised its holdings in Accenture PLC (NYSE:ACN) by 1.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,149 shares of the information technology services provider’s stock after acquiring an additional 884 shares during the quarter. First Horizon Advisors Inc.’s holdings in Accenture were worth $20,668,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Viawealth LLC lifted its holdings 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 acquiring an additional 33 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in 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 buying an additional 33 shares in the last quarter. First National Advisers LLC lifted 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 valued at $2,939,000 after buying an additional 34 shares in the last quarter. TCTC Holdings LLC lifted 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 valued at $84,000 after buying an additional 34 shares in the last quarter. Finally, Texas Bank & Trust Co lifted 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 valued at $2,553,000 after buying an additional 35 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the sale, the insider owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the sale, the chief executive officer owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 27,402 shares of company stock worth $6,875,974 over the last three months. Company insiders own 0.02% of the company’s stock.

Accenture Price Performance

NYSE ACN opened at $242.98 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $159.99 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a 50 day moving average price of $246.45 and a two-hundred day moving average price of $275.45. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings results 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The business’s quarterly 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 analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a $1.63 dividend. 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 dividend yield of 2.7%. Accenture’s dividend payout ratio is 53.66%.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of analyst reports. Wolfe Research upped their price objective on shares of Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Evercore ISI set a $280.00 price target on Accenture in a report on Thursday, September 25th. Citigroup upgraded Accenture to a “hold” rating in a report on Thursday, October 23rd. HSBC decreased their price target on shares of Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Finally, Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average price target 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.