Twin Capital Management Inc. Boosts Stock Position in Accenture PLC $ACN

Twin Capital Management Inc. grew its holdings in shares of Accenture PLC (NYSE:ACN) by 4.7% in the second quarter, Holdings Channel reports. The institutional investor owned 12,839 shares of the information technology services provider’s stock after purchasing an additional 582 shares during the period. Twin Capital Management Inc.’s holdings in Accenture were worth $3,837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ACN. Brighton Jones LLC raised its stake in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares in the last quarter. Alpha Cubed Investments LLC increased its position in shares of Accenture by 8.5% during the first quarter. Alpha Cubed Investments LLC now owns 699 shares of the information technology services provider’s stock worth $218,000 after purchasing an additional 55 shares in the last quarter. China Universal Asset Management Co. Ltd. lifted its holdings in shares of Accenture by 12.3% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 3,476 shares of the information technology services provider’s stock valued at $1,085,000 after purchasing an additional 382 shares during the last quarter. Stratos Investment Management LLC boosted its position in shares of Accenture by 19.2% in the 1st quarter. Stratos Investment Management LLC now owns 3,357 shares of the information technology services provider’s stock valued at $1,048,000 after purchasing an additional 540 shares during the period. Finally, AlphaStar Capital Management LLC increased its position in Accenture by 11.8% during the first quarter. AlphaStar Capital Management LLC now owns 665 shares of the information technology services provider’s stock worth $208,000 after buying an additional 70 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Up 2.0%

NYSE:ACN opened at $247.85 on Thursday. The stock has a market capitalization of $163.20 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The stock has a fifty day moving average price of $246.26 and a two-hundred day moving average price of $275.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42.

Accenture (NYSE:ACN) last posted its quarterly earnings results 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 net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. This is a positive change 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 yield of 2.6%. Accenture’s payout ratio is currently 53.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Wolfe Research upped their target price on shares of Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Citigroup raised Accenture to a “hold” rating in a research note on Thursday, October 23rd. Susquehanna lowered their target price on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research note on Thursday, September 18th. HSBC decreased their price target on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Finally, Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Insiders Place Their Bets

In other news, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 14,516 shares of the company’s stock, valued at $3,678,354.40. The trade was a 38.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,402 shares of company stock valued at $6,875,974 in the last ninety days. Insiders own 0.02% of the company’s stock.

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.