ORG Partners LLC Trims Stock Position in Accenture PLC $ACN

ORG Partners LLC cut its holdings in shares of Accenture PLC (NYSE:ACN) by 10.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 754 shares of the information technology services provider’s stock after selling 89 shares during the quarter. ORG Partners LLC’s holdings in Accenture were worth $229,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the 1st quarter worth about $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture during the 1st quarter worth about $32,000. WPG Advisers LLC purchased a new stake in shares of Accenture during the 1st quarter worth about $42,000. Atwood & Palmer Inc. lifted its holdings in shares of Accenture by 407.4% during the 1st quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 110 shares in the last quarter. Finally, Cheviot Value Management LLC purchased a new stake in Accenture during the 1st quarter worth $43,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction that occurred on 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 in the company, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ACN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday. Morgan Stanley lowered their price objective on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Barclays lowered their price objective on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research report on Monday, June 23rd. JPMorgan Chase & Co. lowered their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Mizuho set a $348.00 price objective on shares of Accenture and gave the company an “outperform” rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $301.91.

Accenture Price Performance

Shares of ACN opened at $239.43 on Monday. The firm 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. The stock has a 50 day moving average of $253.43 and a 200-day moving average of $285.81. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company 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 $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is 48.72%.

About Accenture

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.