Kathmere Capital Management LLC Increases Position in Accenture PLC $ACN

Kathmere Capital Management LLC raised its position in Accenture PLC (NYSE:ACN) by 22.0% during the second quarter, Holdings Channel reports. The firm owned 6,655 shares of the information technology services provider’s stock after buying an additional 1,199 shares during the quarter. Kathmere Capital Management LLC’s holdings in Accenture were worth $1,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ACN. Viawealth LLC lifted its position in shares of Accenture by 2.6% during the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC lifted its holdings in Accenture by 2.1% during the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after buying an additional 33 shares in the last quarter. First National Advisers LLC lifted its holdings in Accenture by 0.4% during the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after buying an additional 34 shares in the last quarter. TCTC Holdings LLC raised its stake in shares of Accenture by 14.5% in the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after acquiring an additional 34 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA raised its stake in shares of Accenture by 0.3% in the first quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock valued at $3,675,000 after acquiring an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Evercore ISI set a $280.00 price target on Accenture in a research report on Thursday. Barclays reduced their target price on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a report on Monday, June 23rd. Royal Bank Of Canada reduced their target price on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday. Mizuho set a $348.00 price objective on shares of Accenture and gave the company an “outperform” rating in a report on Tuesday, June 24th. Finally, Wolfe Research reduced their price objective on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average target price of $301.91.

Insiders Place Their Bets

In other news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their position. The sale was disclosed in a legal 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 shares were 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 directly owned 8,109 shares in the company, 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 a total of 2,954 shares of company stock valued at $834,280 over the last quarter. Company insiders own 0.02% of the company’s stock.

Accenture Stock Up 3.0%

ACN stock opened at $239.43 on Friday. The company’s 50 day moving average is $253.43 and its two-hundred day moving average is $286.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. 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 stock has a market cap of $149.96 billion, a P/E ratio of 19.71, a PEG ratio of 1.99 and a beta of 1.29.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the business earned $2.66 EPS. Accenture’s revenue for the quarter 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. Research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently declared 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. This represents a $6.52 annualized dividend and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 47.13%.

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.