Strategic Blueprint LLC Reduces Stake in Accenture PLC $ACN

Strategic Blueprint LLC reduced its stake in Accenture PLC (NYSE:ACN) by 14.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,793 shares of the information technology services provider’s stock after selling 296 shares during the quarter. Strategic Blueprint LLC’s holdings in Accenture were worth $536,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Viawealth LLC grew its holdings in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after buying an additional 33 shares in the last quarter. Aprio Wealth Management LLC grew its holdings in Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after buying an additional 33 shares in the last quarter. First National Advisers LLC grew its holdings in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after buying an additional 34 shares in the last quarter. TCTC Holdings LLC lifted its stake in shares of Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co lifted its stake in shares of Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after purchasing an additional 35 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ACN has been the topic of several recent analyst reports. Wolfe Research upped their price target on Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. BMO Capital Markets decreased their price target on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research note on Friday, September 26th. Rothschild & Co Redburn upped their price target on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Finally, Morgan Stanley cut their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $297.48.

Accenture Price Performance

Shares of NYSE ACN opened at $247.93 on Friday. The stock’s 50-day moving average is $247.27 and its two-hundred day moving average is $277.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a market cap of $163.25 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. The business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts forecast that Accenture PLC will post 12.73 EPS 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 given a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is currently 53.66%.

Insider Transactions at Accenture

In other news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the completion of the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the transaction, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,402 shares of company stock valued at $4,595,374. 0.02% of the stock is currently owned by corporate insiders.

About Accenture

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.