Accenture PLC $ACN Holdings Trimmed by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH trimmed its position in shares of Accenture PLC (NYSE:ACN) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,062 shares of the information technology services provider’s stock after selling 430 shares during the period. Trust Co. of Toledo NA OH’s holdings in Accenture were worth $1,214,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Drucker Wealth 3.0 LLC grew its position in Accenture by 180.2% during the 2nd quarter. Drucker Wealth 3.0 LLC now owns 2,712 shares of the information technology services provider’s stock worth $807,000 after purchasing an additional 1,744 shares in the last quarter. PDS Planning Inc grew its position in Accenture by 34.7% during the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock worth $1,212,000 after purchasing an additional 1,044 shares in the last quarter. JB Capital LLC purchased a new position in Accenture during the 2nd quarter worth approximately $228,000. Endeavor Private Wealth Inc. grew its position in Accenture by 7.2% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 861 shares of the information technology services provider’s stock worth $257,000 after purchasing an additional 58 shares in the last quarter. Finally, Cascade Investment Group Inc. grew its position in Accenture by 4.2% during the 2nd quarter. Cascade Investment Group Inc. now owns 3,817 shares of the information technology services provider’s stock worth $1,141,000 after purchasing an additional 154 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ACN has been the topic of several research analyst reports. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday. Mizuho lowered their price target on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Finally, Cowen restated a “buy” rating on shares of Accenture in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Trading Down 4.3%

Shares of NYSE:ACN opened at $241.11 on Friday. The stock has a market capitalization of $151.01 billion, a PE ratio of 19.84, a P/E/G ratio of 2.10 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 firm has a fifty day moving average price of $247.45 and a 200 day moving average price of $281.37. 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 issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The firm had revenue of $17.60 billion during 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%. Accenture’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is presently 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.