BSW Wealth Partners trimmed its position in shares of Accenture PLC (NYSE:ACN – Free Report) by 11.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,658 shares of the information technology services provider’s stock after selling 450 shares during the quarter. BSW Wealth Partners’ holdings in Accenture were worth $1,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Accenture during the 1st quarter valued at about $31,000. Inlight Wealth Management LLC bought a new position in shares of Accenture in the 1st quarter worth approximately $32,000. WPG Advisers LLC bought a new stake in Accenture during the first quarter valued at approximately $42,000. Atwood & Palmer Inc. increased its holdings in Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 110 shares during the last quarter. Finally, Cheviot Value Management LLC bought a new position in Accenture in the first quarter worth approximately $43,000. Institutional investors own 75.14% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on ACN shares. TD Cowen cut their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Morgan Stanley lowered their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. HSBC cut their price objective on Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Finally, The Goldman Sachs Group decreased their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.
Insider Transactions at Accenture
In related news, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares of the company’s stock, valued at $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock valued at $834,280 in the last ninety days. Corporate insiders own 0.02% of the company’s stock.
Accenture Price Performance
Shares of NYSE:ACN opened at $243.50 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The firm has a market cap of $152.51 billion, a price-to-earnings ratio of 20.04, a P/E/G ratio of 2.15 and a beta of 1.28. The firm has a fifty day moving average price of $251.06 and a 200 day moving average price of $284.75. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.
Accenture (NYSE:ACN – Get Free Report) 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. The business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous 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. As a group, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is presently 48.72%.
Accenture Company 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.
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