BankPlus Wealth Management LLC Acquires 99 Shares of Accenture PLC $ACN

BankPlus Wealth Management LLC increased its holdings in Accenture PLC (NYSE:ACN) by 4.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,207 shares of the information technology services provider’s stock after purchasing an additional 99 shares during the quarter. BankPlus Wealth Management LLC’s holdings in Accenture were worth $660,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of 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 worth $19,912,594,000 after purchasing an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Accenture by 63.9% in 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. grew its stake in shares of 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 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 lifted its holdings in 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 buying an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Accenture by 3.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock valued at $1,600,470,000 after buying an additional 164,573 shares during the period. Institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, insider Angela Beatty sold 203 shares of the company’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the sale, the insider owned 5,249 shares in the company, valued at $1,482,002.66. This represents a 3.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock worth $834,280 in the last quarter. Insiders own 0.02% of the company’s stock.

Accenture Trading Down 2.9%

ACN opened at $232.20 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market capitalization of $145.43 billion, a PE ratio of 18.49, a P/E/G ratio of 2.06 and a beta of 1.29. The company’s 50-day moving average is $254.28 and its 200 day moving average is $286.89.

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, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.61% and a return on equity of 26.55%. The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the prior year, the business posted $2.66 EPS. The firm’s 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. As a group, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.8%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 47.13%.

Analyst Ratings Changes

ACN has been the topic of several recent analyst reports. HSBC initiated coverage on shares of Accenture in a report on Monday, July 28th. They issued a “reduce” rating and a $240.00 target price on the stock. Stifel Nicolaus dropped their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Argus set a $370.00 target price on shares of Accenture in a report on Tuesday, June 24th. Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. Finally, Robert W. Baird dropped their target price on shares of Accenture from $372.00 to $350.00 and set an “outperform” rating on the stock in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $321.83.

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.