9,666 Shares in Accenture PLC $ACN Acquired by Inceptionr LLC

Inceptionr LLC bought a new stake in Accenture PLC (NYSE:ACN) in the first quarter, Holdings Channel.com reports. The institutional investor bought 9,666 shares of the information technology services provider’s stock, valued at approximately $1,917,000. Accenture comprises about 0.5% of Inceptionr LLC’s portfolio, making the stock its 23rd biggest position.

Other large investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Accenture in the 4th quarter valued at $27,000. McMillan Office Inc. acquired a new position in Accenture during the fourth quarter worth $27,000. University of Texas Texas AM Investment Management Co. bought a new position in Accenture during the fourth quarter valued at about $27,000. Triumph Capital Management acquired a new stake in shares of Accenture in the third quarter worth about $26,000. Finally, Private Wealth Management Group LLC boosted its stake in shares of Accenture by 96.4% during the 4th quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 53 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

Shares of NYSE ACN opened at $139.01 on Friday. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $291.09. The company has a market cap of $92.83 billion, a P/E ratio of 11.10, a P/E/G ratio of 1.45 and a beta of 1.13. The business’s 50 day moving average is $154.36 and its two-hundred day moving average is $195.32. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company had revenue of $18.72 billion during the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the prior year, the business earned $3.49 earnings per share. Accenture’s revenue for the quarter was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, equities analysts expect that Accenture PLC will post 13.85 EPS for the current year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio (DPR) is currently 52.08%.

Accenture declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price objective on shares of Accenture in a research note on Friday, June 19th. JPMorgan Chase & Co. decreased their target price on Accenture from $247.00 to $201.00 and set an “overweight” rating for the company in a research report on Monday, June 8th. Oppenheimer set a $201.00 price target on shares of Accenture in a research report on Monday, June 8th. Berenberg Bank decreased their price objective on shares of Accenture from $273.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. Finally, William Blair lowered shares of Accenture from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 18th. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $192.96.

Insider Transactions at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the transaction, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by corporate insiders.

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.