Accenture PLC $ACN Stake Boosted by PFG Investments LLC

PFG Investments LLC boosted its stake in shares of Accenture PLC (NYSE:ACN) by 14.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,040 shares of the information technology services provider’s stock after buying an additional 381 shares during the period. PFG Investments LLC’s holdings in Accenture were worth $909,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LBP AM SA boosted its stake in Accenture by 34.9% in the 2nd quarter. LBP AM SA now owns 293,125 shares of the information technology services provider’s stock worth $87,612,000 after purchasing an additional 75,898 shares during the period. Liberty Capital Management Inc. lifted its holdings in shares of Accenture by 23.3% in the second quarter. Liberty Capital Management Inc. now owns 4,961 shares of the information technology services provider’s stock valued at $1,483,000 after purchasing an additional 938 shares in the last quarter. Alley Investment Management Company LLC boosted its position in shares of Accenture by 0.4% in the second quarter. Alley Investment Management Company LLC now owns 56,944 shares of the information technology services provider’s stock worth $17,020,000 after buying an additional 238 shares during the period. Truist Financial Corp grew its holdings in shares of Accenture by 7.0% during the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after buying an additional 28,685 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. raised its position in Accenture by 13.3% during the second quarter. Broadway Wealth Solutions Inc. now owns 986 shares of the information technology services provider’s stock valued at $295,000 after buying an additional 116 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Stock Up 0.4%

ACN stock opened at $244.58 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm has a market cap of $153.19 billion, a PE ratio of 20.13, a PEG ratio of 2.12 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 company has a fifty day simple moving average of $250.32 and a 200 day simple moving average of $284.19.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The company 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 business’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Analysts Set New Price Targets

ACN has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their target price on 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 report on Friday, September 26th. Mizuho cut their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, September 26th. Finally, Rothschild & Co Redburn lifted their price objective on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.22.

Insider Buying and Selling at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This trade represents a 21.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock worth $834,280 over the last 90 days. Insiders own 0.02% of the company’s stock.

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.