Leelyn Smith LLC Acquires 406 Shares of Accenture PLC $ACN

Leelyn Smith LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 3.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 13,691 shares of the information technology services provider’s stock after purchasing an additional 406 shares during the quarter. Leelyn Smith LLC’s holdings in Accenture were worth $4,092,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Accenture during the first quarter worth about $31,000. RMG Wealth Management LLC acquired a new position in Accenture during the second quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in shares of Accenture in the first quarter valued at approximately $42,000. Cheviot Value Management LLC acquired a new stake in shares of Accenture in the first quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC bought a new position in shares of Accenture during the first quarter worth approximately $45,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Accenture

In other news, insider Manish Sharma sold 6,902 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,402 shares of company stock valued at $4,595,374 over the last ninety days. 0.02% of the stock is currently owned by insiders.

Accenture Stock Down 0.8%

Shares of NYSE:ACN opened at $247.93 on Friday. The company has a market capitalization of $163.25 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 2.18 and a beta of 1.28. 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 business’s 50-day moving average is $247.27 and its 200-day moving average is $277.58. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35.

Accenture (NYSE:ACN) last posted 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 the consensus estimate of $17.34 billion. During the same period in the prior year, the business earned $2.66 EPS. The firm’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. Equities research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a dividend of $1.63 per share. This is an increase 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 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on ACN shares. Rothschild & Co Redburn increased their target price on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Stifel Nicolaus decreased their price target on Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft decreased their price target on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. Finally, HSBC decreased their price target on Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $297.48.

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.