Genesis Private Wealth LLC Acquires 122 Shares of Accenture PLC $ACN

Genesis Private Wealth LLC increased its holdings in shares of Accenture PLC (NYSE:ACN) by 17.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 834 shares of the information technology services provider’s stock after acquiring an additional 122 shares during the quarter. Genesis Private Wealth LLC’s holdings in Accenture were worth $249,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Redwood Investments LLC raised its stake in shares of Accenture by 6.2% in the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after buying an additional 1,287 shares during the period. Lipe & Dalton raised its stake in shares of Accenture by 2,087.4% in the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after buying an additional 4,801 shares during the period. Intech Investment Management LLC raised its stake in shares of Accenture by 40.5% in the first quarter. Intech Investment Management LLC now owns 98,633 shares of the information technology services provider’s stock valued at $30,777,000 after buying an additional 28,446 shares during the period. Park National Corp OH raised its stake in shares of Accenture by 4.3% in the second quarter. Park National Corp OH now owns 129,667 shares of the information technology services provider’s stock valued at $38,756,000 after buying an additional 5,388 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its stake in shares of Accenture by 1.5% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 234,066 shares of the information technology services provider’s stock valued at $69,960,000 after buying an additional 3,500 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Insider Transactions at Accenture

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Angela Beatty sold 203 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the transaction, the insider owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is currently owned by corporate insiders.

Accenture Price Performance

Accenture stock opened at $239.43 on Monday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business has a 50-day simple moving average of $253.43 and a 200 day simple moving average of $285.81. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $149.96 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.04 and a beta of 1.30.

Accenture (NYSE:ACN) last posted its quarterly earnings data 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 analysts’ expectations of $17.34 billion. During the same period in the prior year, the business earned $2.66 EPS. The company’s revenue for the quarter 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, research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Analyst Upgrades and Downgrades

ACN has been the subject of several recent research reports. TD Cowen reduced their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday. UBS Group reduced their price target on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday. Robert W. Baird reduced their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday. Susquehanna reduced their price target on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Finally, JPMorgan Chase & Co. reduced their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $301.91.

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.