Penserra Capital Management LLC Increases Position in Accenture PLC $ACN

Penserra Capital Management LLC raised its holdings in shares of Accenture PLC (NYSE:ACN) by 30.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,104 shares of the information technology services provider’s stock after purchasing an additional 15,744 shares during the quarter. Penserra Capital Management LLC’s holdings in Accenture were worth $20,354,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Accenture in the first quarter worth $31,000. RMG Wealth Management LLC bought a new stake in shares of Accenture in the 2nd quarter worth about $33,000. WPG Advisers LLC acquired a new stake in shares of Accenture in the 1st quarter valued at about $42,000. Cheviot Value Management LLC bought a new position in shares of Accenture during the first quarter worth about $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new position in Accenture in the first quarter worth about $45,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Accenture

In related news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction dated 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 in the company, valued at $346,763.30. This represents a 64.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on ACN. TD Cowen reduced their target price on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, September 26th. UBS Group reduced their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. JPMorgan Chase & Co. reduced their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. Finally, Citigroup raised shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Accenture Trading Up 1.9%

Accenture stock opened at $245.87 on Friday. 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. The firm has a market capitalization of $161.90 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 2.16 and a beta of 1.28. The firm has a 50-day moving average price of $245.69 and a two-hundred day moving average price of $274.79.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for 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%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given 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 yield of 2.7%. Accenture’s payout ratio is presently 53.66%.

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.