Moss Adams Wealth Advisors LLC Has $435,000 Stake in Accenture PLC $ACN

Moss Adams Wealth Advisors LLC boosted its position in Accenture PLC (NYSE:ACNFree Report) by 19.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,455 shares of the information technology services provider’s stock after buying an additional 232 shares during the period. Moss Adams Wealth Advisors LLC’s holdings in Accenture were worth $435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ACN. Vanguard Group Inc. raised its holdings in shares of Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after purchasing an additional 3,419,577 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after purchasing an additional 3,490,569 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Accenture by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock valued at $2,111,378,000 after purchasing an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Accenture by 2.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock valued at $1,923,225,000 after purchasing an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Accenture by 3.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock valued at $1,600,470,000 after purchasing an additional 164,573 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In other news, insider Angela Beatty sold 203 shares of the stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. This represents a 3.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock valued at $834,280 in the last three months. Company insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ACN. Royal Bank Of Canada dropped their price objective on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday. Argus set a $370.00 target price on shares of Accenture in a report on Tuesday, June 24th. JPMorgan Chase & Co. lowered their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday. TD Cowen lowered their target price on shares of Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday. Finally, Guggenheim lowered their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a report on Friday. One equities 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $301.91.

View Our Latest Report on Accenture

Accenture Trading Up 3.0%

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

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

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

About Accenture

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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