Wells Trecaso Financial Group LLC Boosts Stock Holdings in Accenture PLC $ACN

Wells Trecaso Financial Group LLC grew its position in shares of Accenture PLC (NYSE:ACN) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,531 shares of the information technology services provider’s stock after buying an additional 592 shares during the quarter. Accenture accounts for 1.2% of Wells Trecaso Financial Group LLC’s portfolio, making the stock its 25th largest position. Wells Trecaso Financial Group LLC’s holdings in Accenture were worth $4,044,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Redwood Investments LLC grew its holdings in shares of Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after buying an additional 1,287 shares during the last quarter. Lipe & Dalton grew its holdings in shares of Accenture by 2,087.4% during the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after buying an additional 4,801 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Accenture by 7.0% during the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after buying an additional 28,685 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Accenture by 40.5% during the first quarter. Intech Investment Management LLC now owns 98,633 shares of the information technology services provider’s stock valued at $30,777,000 after buying an additional 28,446 shares during the last quarter. Finally, Park National Corp OH boosted its holdings in Accenture by 4.3% in the second quarter. Park National Corp OH now owns 129,667 shares of the information technology services provider’s stock worth $38,756,000 after purchasing an additional 5,388 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Trading Up 0.4%

Shares of Accenture stock opened at $245.39 on Friday. The stock has a market capitalization of $153.69 billion, a PE ratio of 20.20, a P/E/G ratio of 2.13 and a beta of 1.28. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company’s fifty day simple moving average is $249.57 and its 200-day simple moving average is $283.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm 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, equities analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current 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 given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is 48.72%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ACN shares. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Saturday, September 27th. Evercore ISI set a $280.00 target price on shares of Accenture in a report on Thursday, September 25th. Wolfe Research dropped their target price on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Wall Street Zen upgraded shares of Accenture from a “hold” rating to a “buy” rating in a report on Friday. Finally, BNP Paribas Exane dropped their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.22.

Insider Activity

In other Accenture news, CEO Mauro Macchi sold 500 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 $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. The trade was a 17.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $57,315.02. Following the completion of the sale, the insider owned 5,249 shares in the company, valued at approximately $1,482,002.66. This represents 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 worth $834,280 in the last three months. Company insiders own 0.02% of the company’s stock.

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.