Accenture PLC $ACN Shares Sold by D Orazio & Associates Inc.

D Orazio & Associates Inc. lessened its position in shares of Accenture PLC (NYSE:ACNFree Report) by 13.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 3,977 shares of the information technology services provider’s stock after selling 602 shares during the period. D Orazio & Associates Inc.’s holdings in Accenture were worth $1,189,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in Accenture by 5.7% in 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 buying an additional 3,419,577 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Accenture by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after acquiring an additional 147,931 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in 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 worth $2,793,889,000 after purchasing an additional 3,490,569 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Accenture by 3.5% in 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 in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in 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 worth $1,923,225,000 after purchasing an additional 126,548 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Stock Up 1.5%

ACN opened at $246.27 on Thursday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business has a 50 day moving average price of $244.95 and a two-hundred day moving average price of $273.74. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The company has a market cap of $162.16 billion, a PE ratio of 20.27, a P/E/G ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACNGet Free Report) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for 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 company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is currently 53.66%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ACN shares. Robert W. Baird lowered their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Stifel Nicolaus reduced their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. BNP Paribas Exane decreased their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Finally, The Goldman Sachs Group decreased their target price on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average price target of $294.25.

Read Our Latest Report on Accenture

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 5,917 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares in the company, valued at approximately $2,120,685.38. The trade was a 40.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by corporate insiders.

Accenture Company Profile

(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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