Pinnacle Wealth Planning Services Inc. Acquires 377 Shares of Accenture PLC $ACN

Pinnacle Wealth Planning Services Inc. grew its stake in shares of Accenture PLC (NYSE:ACN) by 10.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,997 shares of the information technology services provider’s stock after buying an additional 377 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in Accenture were worth $1,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. IFP Advisors Inc grew its holdings in Accenture by 2.4% during the 1st quarter. IFP Advisors Inc now owns 11,186 shares of the information technology services provider’s stock valued at $3,490,000 after buying an additional 266 shares in the last quarter. Souders Financial Advisors increased its stake in Accenture by 49.3% in the 1st quarter. Souders Financial Advisors now owns 1,650 shares of the information technology services provider’s stock worth $515,000 after acquiring an additional 545 shares during the last quarter. Gallacher Capital Management LLC raised its holdings in shares of Accenture by 136.1% during the 1st quarter. Gallacher Capital Management LLC now owns 1,601 shares of the information technology services provider’s stock worth $500,000 after acquiring an additional 923 shares in the last quarter. Finally, Edgemoor Investment Advisors Inc. grew its holdings in shares of Accenture by 8.7% in the first quarter. Edgemoor Investment Advisors Inc. now owns 6,190 shares of the information technology services provider’s stock valued at $1,932,000 after purchasing an additional 494 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Transactions at Accenture

In related news, CEO Ryoji Sekido sold 2,500 shares of the firm’s 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 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction dated 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 of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 33,319 shares of company stock worth $8,335,225. Insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ACN. HSBC decreased their price target on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a research report on Monday, July 28th. Citigroup upgraded Accenture to a “hold” rating in a research report on Thursday, October 23rd. TD Cowen reduced their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Finally, Mizuho lowered their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average price target of $294.25.

Accenture Stock Down 1.7%

Shares of NYSE:ACN opened at $241.12 on Tuesday. The firm has a market capitalization of $158.77 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The business has a 50 day simple moving average of $244.37 and a two-hundred day simple moving average of $272.44. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) 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 firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the company earned $2.66 EPS. Accenture’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. On average, equities analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were paid a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, October 10th. 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.