Accenture PLC $ACN Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its position in shares of Accenture PLC (NYSE:ACN) by 14.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,064 shares of the information technology services provider’s stock after purchasing an additional 7,622 shares during the period. Wealthfront Advisers LLC’s holdings in Accenture were worth $18,251,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in 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 worth $19,912,594,000 after acquiring an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Accenture by 63.9% during the 1st 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 period. Goldman Sachs Group Inc. boosted its holdings in shares of Accenture by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after purchasing an additional 228,939 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Accenture by 2.1% in 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 valued at $1,923,225,000 after purchasing an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Accenture by 3.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock worth $1,600,470,000 after buying an additional 164,573 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction 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 directly owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,402 shares of company stock valued at $4,595,374. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.8%

Shares of NYSE ACN opened at $247.93 on Friday. The stock has a fifty day moving average price of $247.27 and a 200 day moving average price of $277.55. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company has a market cap of $163.25 billion, a P/E ratio of 20.41, a P/E/G ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm posted $2.66 earnings per share. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts anticipate 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. Stockholders of record on Friday, October 10th will be paid 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 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, October 10th. Accenture’s payout ratio is 53.66%.

Wall Street Analysts Forecast Growth

Several analysts have commented on ACN shares. Evercore ISI set a $280.00 price target on Accenture in a report on Thursday, September 25th. Stifel Nicolaus lowered their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research report on Monday, July 28th. Wolfe Research lifted their price target on shares of Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $297.48.

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.