Vanguard Personalized Indexing Management LLC Sells 218 Shares of Accenture PLC $ACN

Vanguard Personalized Indexing Management LLC lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,134 shares of the information technology services provider’s stock after selling 218 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Accenture were worth $23,063,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACN. 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 acquiring an additional 3,490,569 shares in the last quarter. 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 acquiring an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after acquiring an additional 1,395,135 shares in the last quarter. McElhenny Sheffield Capital Management LLC bought a new position in shares of Accenture during the second quarter valued at approximately $308,000. Finally, Invesco Ltd. raised its holdings in Accenture by 23.5% in the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after purchasing an additional 537,223 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Down 4.3%

NYSE ACN opened at $241.11 on Friday. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The stock has a market cap of $151.01 billion, a P/E ratio of 19.84, a P/E/G ratio of 2.10 and a beta of 1.28. The stock’s fifty day moving average price is $247.45 and its 200-day moving average price is $281.37. 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 (NYSE:ACN) last released 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period last year, the firm posted $2.66 earnings per share. Accenture’s 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. As a group, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Barclays decreased their price objective on Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a report on Monday, June 23rd. Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Wall Street Zen downgraded Accenture from a “buy” rating to a “hold” rating in a report on Saturday. BMO Capital Markets decreased their price objective on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a report on Friday, September 26th. Finally, Benchmark reiterated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture 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.