Triton Financial Group Inc Buys Shares of 3,595 Accenture PLC $ACN

Triton Financial Group Inc bought a new stake in shares of Accenture PLC (NYSE:ACN) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,595 shares of the information technology services provider’s stock, valued at approximately $1,075,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ACN. Truist Financial Corp grew its holdings in shares of Accenture by 7.0% in the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after buying an additional 28,685 shares during the period. Redwood Investments LLC grew its holdings in shares of Accenture by 6.2% in the 1st quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after buying an additional 1,287 shares during the period. Lipe & Dalton grew its holdings in shares of Accenture by 2,087.4% in the 1st quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after buying an additional 4,801 shares during the period. PDS Planning Inc grew its holdings in shares of Accenture by 34.7% in the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after buying an additional 1,044 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Accenture by 6.4% in the 2nd 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 buying an additional 4,281 shares during the period. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Up 1.6%

Accenture stock opened at $242.31 on Tuesday. The firm has a 50-day moving average of $246.85 and a 200-day moving average of $278.44. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market cap of $159.55 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 2.08 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the prior year, the business posted $2.66 EPS. The company’s quarterly 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. On average, equities analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed 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 represents a $6.52 dividend on an annualized basis and a dividend 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 currently 53.66%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, September 26th. Susquehanna decreased their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. Argus set a $370.00 price target on shares of Accenture in a report on Tuesday, June 24th. The Goldman Sachs Group reduced their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. Finally, UBS Group reduced their target price on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given 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 price target 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.