Rayburn West Financial Services LLC Acquires 2,500 Shares of Accenture PLC $ACN

Rayburn West Financial Services LLC lifted its holdings in Accenture PLC (NYSE:ACN) by 52.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,301 shares of the information technology services provider’s stock after purchasing an additional 2,500 shares during the period. Rayburn West Financial Services LLC’s holdings in Accenture were worth $1,339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of ACN. Regent Peak Wealth Advisors LLC increased its position in shares of Accenture by 10.4% in the second quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock valued at $9,232,000 after buying an additional 7,018 shares in the last quarter. Carnegie Investment Counsel raised its stake in shares of Accenture by 63.5% during the 3rd quarter. Carnegie Investment Counsel now owns 26,565 shares of the information technology services provider’s stock worth $4,871,000 after buying an additional 10,322 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of Accenture by 72.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock valued at $2,421,000 after buying an additional 8,169 shares in the last quarter. Dearborn Partners LLC purchased a new position in shares of Accenture during the 2nd quarter valued at approximately $25,108,000. Finally, Bright Rock Capital Management LLC acquired a new stake in Accenture in the 2nd quarter valued at $7,466,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 1.8%

Shares of NYSE ACN opened at $260.36 on Friday. The stock has a market cap of $153.89 billion, a PE ratio of 19.20, a P/E/G ratio of 2.00 and a beta of 1.01. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09. The company has a 50-day moving average of $210.35 and a 200 day moving average of $191.91.

Accenture (NYSE:ACN) last released its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. The business had revenue of $18.68 billion for the quarter, compared to analyst estimates of $18.03 billion. Accenture had a net margin of 11.28% and a return on equity of 26.53%. The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the company posted $3.03 EPS. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, sell-side analysts predict that Accenture PLC will post 14.68 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be issued a $1.71 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.63. This represents a $6.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, October 13th. Accenture’s payout ratio is 50.44%.

Insider Activity

In other Accenture news, CAO Melissa A. Burgum sold 811 shares of the company’s stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $250.00, for a total value of $202,750.00. Following the completion of the sale, the chief accounting officer directly owned 9,820 shares in the company, valued at $2,455,000. This represents a 7.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Julie Sweet bought 12,200 shares of the business’s stock in a transaction on Monday, October 26th. The stock was bought at an average cost of $245.99 per share, with a total value of $3,001,078.00. Following the completion of the purchase, the chief executive officer directly owned 48,910 shares in the company, valued at approximately $12,031,370.90. The trade was a 33.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 18,675 shares of company stock valued at $4,747,563 in the last 90 days. 0.02% of the stock is owned by insiders.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture and Mondelēz International are applying agentic AI to redesign Mondelēz’s global order-to-cash operations, including ordering, invoicing and collections. The project showcases demand for Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
• Positive Sentiment: A valuation analysis says ACN trades at about 18 times forward earnings, below its 10-year average of 24 times, even after a strong recent rally. That could appeal to investors who see room for the valuation to recover. Accenture’s valuation analysis
• Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his direct holdings by about 62.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. Accenture CEO share sale
• Negative Sentiment: Accenture fell even as the market rose, indicating relative weakness in the session. The report describes the decline but does not point to a specific company catalyst. Accenture stock underperforms as the market gains

Wall Street Analysts Forecast Growth

ACN has been the subject of several recent analyst reports. Morgan Stanley boosted their price target on shares of Accenture from $175.00 to $195.00 and gave the stock an “equal weight” rating in a report on Friday, October 2nd. JPMorgan Chase & Co. increased their price objective on shares of Accenture from $179.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, September 25th. The Goldman Sachs Group lifted their target price on shares of Accenture from $230.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Citigroup boosted their target price on shares of Accenture from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Finally, Truist Financial upped their price target on shares of Accenture from $150.00 to $220.00 and gave the stock a “hold” rating in a research report on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat, Accenture has an average rating of “Hold” and an average target price of $221.07.

About Accenture

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions.

The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.

Accenture traces its roots to the consulting business of accounting firm Arthur Andersen.