Equitable Trust Co. Has $2.45 Million Stock Holdings in Accenture PLC $ACN

Equitable Trust Co. decreased its stake in Accenture PLC (NYSE:ACN) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,188 shares of the information technology services provider’s stock after selling 262 shares during the period. Equitable Trust Co.’s holdings in Accenture were worth $2,447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Accenture during the first quarter worth approximately $31,000. Inlight Wealth Management LLC acquired a new stake in Accenture during the first quarter worth approximately $32,000. RMG Wealth Management LLC acquired a new stake in Accenture during the second quarter worth approximately $33,000. WPG Advisers LLC acquired a new stake in Accenture during the first quarter worth approximately $42,000. Finally, Cheviot Value Management LLC acquired a new stake in Accenture during the first quarter worth approximately $43,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on ACN shares. Barclays decreased their target price on Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research note on Monday, June 23rd. Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Rothschild & Co Redburn raised their price objective on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Robert W. Baird reduced their price objective on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Finally, Cowen reissued a “buy” rating on shares of Accenture 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 given a Sell rating to the company. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $300.22.

Accenture Stock Up 0.2%

ACN stock opened at $244.15 on Wednesday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average is $247.10 and its 200-day moving average is $280.50. The firm has a market capitalization of $152.92 billion, a PE ratio of 20.09, a P/E/G ratio of 2.12 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the company earned $2.66 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued 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 dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is 53.66%.

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.