Accenture PLC $ACN Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its stake in Accenture PLC (NYSE:ACN) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,615 shares of the information technology services provider’s stock after acquiring an additional 429 shares during the period. IFP Advisors Inc’s holdings in Accenture were worth $3,474,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Financial Security Advisor Inc. boosted its position in shares of Accenture by 43.2% in the second quarter. Financial Security Advisor Inc. now owns 3,055 shares of the information technology services provider’s stock worth $913,000 after acquiring an additional 921 shares during the last quarter. Callan Family Office LLC boosted its position in shares of Accenture by 65.1% in the second quarter. Callan Family Office LLC now owns 34,109 shares of the information technology services provider’s stock worth $10,195,000 after acquiring an additional 13,449 shares during the last quarter. Rice Partnership LLC lifted its position in Accenture by 28.0% during the second quarter. Rice Partnership LLC now owns 12,846 shares of the information technology services provider’s stock valued at $3,840,000 after buying an additional 2,812 shares in the last quarter. TFR Capital LLC. lifted its position in Accenture by 1.5% during the second quarter. TFR Capital LLC. now owns 5,982 shares of the information technology services provider’s stock valued at $1,788,000 after buying an additional 89 shares in the last quarter. Finally, Boomfish Wealth Group LLC lifted its position in Accenture by 7.1% during the second quarter. Boomfish Wealth Group LLC now owns 5,345 shares of the information technology services provider’s stock valued at $1,598,000 after buying an additional 354 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Price Performance

ACN opened at $241.11 on Friday. The company has a fifty day simple moving average of $247.45 and a 200 day simple moving average of $281.57. The firm has a market cap of $151.01 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 2.19 and a beta of 1.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

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, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared 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 represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s payout ratio is presently 48.72%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. BMO Capital Markets reduced their price target on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research report on Friday, September 26th. Guggenheim reduced their price target on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. UBS Group reduced their price target on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, September 26th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture 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.