Accenture PLC $ACN Shares Sold by Jensen Investment Management Inc.

Jensen Investment Management Inc. cut its stake in Accenture PLC (NYSE:ACN) by 27.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,327,010 shares of the information technology services provider’s stock after selling 508,553 shares during the period. Accenture accounts for 4.6% of Jensen Investment Management Inc.’s holdings, making the stock its 7th biggest holding. Jensen Investment Management Inc.’s holdings in Accenture were worth $396,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. C WorldWide Group Holding A S grew its holdings in Accenture by 35.9% during the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after acquiring an additional 2,151 shares during the period. Truist Financial Corp boosted its position in shares of Accenture by 7.0% during the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after purchasing an additional 28,685 shares in the last quarter. Redwood Investments LLC grew its stake in shares of Accenture by 6.2% in the 1st quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after purchasing an additional 1,287 shares during the last quarter. PDS Planning Inc raised its holdings in shares of Accenture by 34.7% in the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock worth $1,212,000 after purchasing an additional 1,044 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Accenture by 6.4% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock valued at $21,187,000 after purchasing an additional 4,281 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Down 0.9%

ACN stock opened at $245.29 on Friday. The company has a 50 day moving average of $244.66 and a two-hundred day moving average of $273.05. The company has a market cap of $161.52 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a 12-month low of $229.40 and a 12-month 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 posted 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. The business had revenue of $17.60 billion for 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%. Accenture’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were issued a dividend of $1.63 per share. The ex-dividend date was Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is presently 53.66%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ACN shares. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Mizuho decreased their target price on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. Hsbc Global Res raised Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Finally, Stifel Nicolaus reduced their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. One investment 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 given a Sell rating to the company. According to MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $294.25.

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was 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 in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The shares were 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 owned 23,516 shares of the company’s stock, valued at $5,868,888.12. This trade represents a 27.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 33,319 shares of company stock worth $8,335,225. 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.