Lakeshore Capital Group Inc. Has $863,000 Holdings in Accenture PLC $ACN

Lakeshore Capital Group Inc. grew its holdings in shares of Accenture PLC (NYSE:ACN) by 16.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,886 shares of the information technology services provider’s stock after purchasing an additional 417 shares during the period. Lakeshore Capital Group Inc.’s holdings in Accenture were worth $863,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ACN. Price T Rowe Associates Inc. MD grew its position in shares of Accenture by 63.9% during the 1st 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 in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after acquiring an additional 3,419,577 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Accenture by 2,782.1% during the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after acquiring an additional 1,395,135 shares during the period. Invesco Ltd. lifted its holdings in shares of Accenture by 23.5% during the 1st quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after acquiring an additional 537,223 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of Accenture by 340.7% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 464,864 shares of the information technology services provider’s stock worth $145,056,000 after acquiring an additional 359,389 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In other news, insider Angela Beatty sold 203 shares of the firm’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 $57,315.02. Following the completion of the transaction, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s 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 transaction, 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,954 shares of company stock valued at $834,280. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

Shares of NYSE:ACN opened at $251.42 on Wednesday. The firm has a 50 day simple moving average of $248.44 and a 200 day simple moving average of $282.62. The company has a market cap of $157.47 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. 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 released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion during 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 for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. 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 declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. Accenture’s payout ratio is 48.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. TD Cowen cut their price target on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Rothschild & Co Redburn upped their price target on shares of Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Stifel Nicolaus cut their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a report on Friday, June 20th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $300.22.

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.