Nicholson Wealth Management Group LLC Acquires 276 Shares of Accenture PLC $ACN

Nicholson Wealth Management Group LLC raised its holdings in shares of Accenture PLC (NYSE:ACN) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,560 shares of the information technology services provider’s stock after purchasing an additional 276 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Accenture were worth $1,363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ACN. Truist Financial Corp raised its holdings in shares of Accenture by 7.0% in the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after acquiring an additional 28,685 shares in the last quarter. Redwood Investments LLC raised its holdings in shares of Accenture by 6.2% in the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after acquiring an additional 1,287 shares in the last quarter. Lipe & Dalton raised its holdings in shares of Accenture by 2,087.4% in the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after acquiring an additional 4,801 shares in the last quarter. PDS Planning Inc raised its holdings in shares of Accenture by 34.7% in the second quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after acquiring an additional 1,044 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Accenture by 6.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock valued at $21,187,000 after acquiring an additional 4,281 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ACN has been the subject of several recent research reports. UBS Group decreased their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, September 24th. Guggenheim decreased their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. TD Cowen decreased their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Wolfe Research reduced their target price on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Finally, Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $300.22.

Accenture Stock Performance

Shares of Accenture stock opened at $238.46 on Friday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a market capitalization of $157.02 billion, a PE ratio of 19.63, a P/E/G ratio of 2.04 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The company has a 50-day simple moving average of $246.78 and a two-hundred day simple moving average of $279.16.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping 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 business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The company’s revenue 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. Research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This is a positive change 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%. Accenture’s payout ratio is presently 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.