Raub Brock Capital Management LP Sells 702 Shares of Accenture PLC $ACN

Raub Brock Capital Management LP cut its holdings in Accenture PLC (NYSE:ACN) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,805 shares of the information technology services provider’s stock after selling 702 shares during the period. Accenture comprises approximately 3.2% of Raub Brock Capital Management LP’s portfolio, making the stock its 18th biggest holding. Raub Brock Capital Management LP’s holdings in Accenture were worth $14,587,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Accenture in the first quarter valued at approximately $31,000. Inlight Wealth Management LLC purchased a new position in Accenture in the first quarter valued at approximately $32,000. RMG Wealth Management LLC purchased a new position in Accenture in the second quarter valued at approximately $33,000. WPG Advisers LLC purchased a new position in Accenture in the first quarter valued at approximately $42,000. Finally, Atwood & Palmer Inc. lifted its stake in Accenture by 407.4% in the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 110 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction on 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 of the company’s stock, valued at $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the 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 completion of the transaction, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. 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 90 days. 0.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ACN has been the topic of several research analyst reports. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Hsbc Global Res upgraded Accenture to a “moderate sell” rating in a research note on Monday, July 28th. The Goldman Sachs Group dropped their target price on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Saturday, September 27th. Finally, Rothschild & Co Redburn increased their target price on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Trading Up 1.3%

Accenture stock opened at $251.42 on Wednesday. The stock has a market cap of $157.47 billion, a P/E ratio of 20.69, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm’s fifty day moving average price is $248.44 and its 200-day moving average price is $282.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.05. The firm 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is currently 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.