Belpointe Asset Management LLC Has $675,000 Position in Accenture PLC $ACN

Belpointe Asset Management LLC lowered its position in shares of Accenture PLC (NYSE:ACN) by 51.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,259 shares of the information technology services provider’s stock after selling 2,400 shares during the quarter. Belpointe Asset Management LLC’s holdings in Accenture were worth $675,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ACN. Brighton Jones LLC raised its position in shares of Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares during the last quarter. Signet Financial Management LLC bought a new stake in shares of Accenture during the first quarter worth $823,000. Wealthcare Advisory Partners LLC raised its position in shares of Accenture by 41.4% during the first quarter. Wealthcare Advisory Partners LLC now owns 4,864 shares of the information technology services provider’s stock worth $1,518,000 after acquiring an additional 1,424 shares during the last quarter. Accurate Wealth Management LLC raised its position in shares of Accenture by 26.5% during the first quarter. Accurate Wealth Management LLC now owns 2,318 shares of the information technology services provider’s stock worth $663,000 after acquiring an additional 485 shares during the last quarter. Finally, Integrated Advisors Network LLC increased its holdings in Accenture by 11.4% in the first quarter. Integrated Advisors Network LLC now owns 18,470 shares of the information technology services provider’s stock valued at $5,763,000 after purchasing an additional 1,885 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of the company’s stock in a transaction dated 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. This represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at $644,582.22. This trade represents a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock valued at $834,280 over the last three months. Company insiders own 0.02% of the company’s stock.

Accenture Stock Up 0.8%

Shares of Accenture stock opened at $253.17 on Thursday. 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 company has a market capitalization of $158.57 billion, a P/E ratio of 20.84, a price-to-earnings-growth ratio of 2.19 and a beta of 1.28. The business has a 50-day moving average of $248.02 and a two-hundred day moving average of $282.42. 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 data 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 company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations 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 period in the prior 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. As a group, equities analysts predict that Accenture PLC will post 12.73 EPS 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 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%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is currently 48.72%.

Analyst Ratings Changes

A number of research firms recently commented on ACN. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a report on Friday, September 26th. Rothschild & Co Redburn upped their price objective on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Finally, Benchmark reiterated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Accenture currently has an average rating of “Moderate Buy” and a consensus price target of $300.22.

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.