Accenture PLC $ACN Position Boosted by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. boosted its holdings in Accenture PLC (NYSE:ACN) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,728 shares of the information technology services provider’s stock after acquiring an additional 287 shares during the period. Cabot Wealth Management Inc.’s holdings in Accenture were worth $10,081,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ACN. Brighton Jones LLC lifted its holdings in Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares during the last quarter. Western Wealth Management LLC increased its stake in shares of Accenture by 185.1% in the first quarter. Western Wealth Management LLC now owns 2,349 shares of the information technology services provider’s stock valued at $733,000 after purchasing an additional 1,525 shares during the period. Perpetual Ltd increased its stake in shares of Accenture by 0.7% in the first quarter. Perpetual Ltd now owns 7,838 shares of the information technology services provider’s stock valued at $2,446,000 after purchasing an additional 51 shares during the period. Jaffetilchin Investment Partners LLC acquired a new stake in shares of Accenture in the first quarter valued at approximately $221,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Accenture by 17.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,606 shares of the information technology services provider’s stock valued at $19,744,000 after purchasing an additional 9,928 shares during the period. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ACN shares. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. JPMorgan Chase & Co. lowered their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Guggenheim lowered their price objective on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $297.48.

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at $5,868,888.12. This represents a 27.68% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,402 shares of company stock valued at $4,595,374. Company insiders own 0.02% of the company’s stock.

Accenture Trading Down 0.8%

Accenture stock opened at $247.93 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $163.25 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The firm’s 50 day moving average price is $247.27 and its two-hundred day moving average price is $277.55.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the previous year, the business posted $2.66 earnings per share. The firm’s quarterly 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. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 53.66%.

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.