Mutual of America Capital Management LLC Reduces Stake in Accenture PLC $ACN

Mutual of America Capital Management LLC lowered its stake in shares of Accenture PLC (NYSE:ACN) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,783 shares of the information technology services provider’s stock after selling 944 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Accenture were worth $21,455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Price T Rowe Associates Inc. MD increased its position in shares of Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. grew its stake in Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after buying an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. lifted its stake in Accenture by 2,782.1% in the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after buying an additional 1,395,135 shares during the last quarter. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Accenture in the second quarter valued at approximately $308,000. Finally, Invesco Ltd. grew its position in shares of Accenture by 23.5% during the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after acquiring an additional 537,223 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Up 1.9%

ACN stock opened at $238.46 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average price is $246.78 and its 200 day moving average price is $278.90. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a market cap of $157.02 billion, a P/E ratio of 19.63, a P/E/G ratio of 2.08 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company 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. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s dividend payout ratio is presently 53.66%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Deutsche Bank Aktiengesellschaft lowered their price objective 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. UBS Group cut their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. Finally, Mizuho lowered their target price 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. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

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.