Accenture PLC $ACN Shares Sold by Chicago Capital LLC

Chicago Capital LLC lowered its stake in shares of Accenture PLC (NYSE:ACN) by 3.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,728 shares of the information technology services provider’s stock after selling 459 shares during the period. Chicago Capital LLC’s holdings in Accenture were worth $3,505,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACN. Brighton Jones LLC raised its holdings in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares during the period. Rothschild Investment LLC lifted its position in Accenture by 3.6% in the first quarter. Rothschild Investment LLC now owns 1,710 shares of the information technology services provider’s stock valued at $534,000 after buying an additional 59 shares during the last quarter. Enterprise Bank & Trust Co lifted its position in Accenture by 0.9% in the first quarter. Enterprise Bank & Trust Co now owns 7,580 shares of the information technology services provider’s stock valued at $2,365,000 after buying an additional 68 shares during the last quarter. NBC Securities Inc. lifted its position in Accenture by 125,880.0% in the first quarter. NBC Securities Inc. now owns 6,299 shares of the information technology services provider’s stock valued at $1,965,000 after buying an additional 6,294 shares during the last quarter. Finally, Eldred Rock Partners LLC lifted its position in Accenture by 10.2% in the first quarter. Eldred Rock Partners LLC now owns 33,037 shares of the information technology services provider’s stock valued at $10,214,000 after buying an additional 3,057 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ACN. Rothschild & Co Redburn upped their target price on shares of Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Cowen reissued a “buy” rating on shares of Accenture in a research note on Friday. Deutsche Bank Aktiengesellschaft decreased their target price on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday. Barclays decreased their target price on Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a research note on Monday, June 23rd. Finally, Wolfe Research decreased their target price on Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Price Performance

ACN stock opened at $247.07 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a market capitalization of $154.75 billion, a P/E ratio of 20.33, a P/E/G ratio of 2.04 and a beta of 1.30. The business’s 50-day moving average is $252.72 and its two-hundred day moving average is $285.31. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35.

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

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. 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. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Insider Activity

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

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.