Saxony Capital Management LLC Decreases Stock Holdings in Accenture PLC $ACN

Saxony Capital Management LLC decreased its holdings in shares of Accenture PLC (NYSE:ACN) by 7.2% during the second quarter, Holdings Channel.com reports. The firm owned 1,066 shares of the information technology services provider’s stock after selling 83 shares during the period. Saxony Capital Management LLC’s holdings in Accenture were worth $319,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Accenture during the first quarter valued at $31,000. RMG Wealth Management LLC bought a new position in Accenture during the second quarter valued at $33,000. WPG Advisers LLC bought a new position in Accenture during the first quarter valued at $42,000. Cheviot Value Management LLC bought a new position in Accenture during the first quarter valued at $43,000. Finally, Fiduciary Wealth Partners LLC bought a new position in Accenture during the first quarter valued at $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. The Goldman Sachs Group cut their price objective on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Citigroup upgraded shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Finally, UBS Group cut their price target on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus target price of $294.25.

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were 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 $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following the completion of the sale, the chief executive officer directly owned 14,516 shares of the company’s stock, valued at approximately $3,678,354.40. This trade represents a 38.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,402 shares of company stock valued at $6,875,974 over the last three months. 0.02% of the stock is owned by company insiders.

Accenture Trading Up 0.5%

NYSE ACN opened at $250.44 on Friday. The company’s 50-day moving average price is $246.87 and its 200-day moving average price is $276.12. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $164.91 billion, a PE ratio of 20.61, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

Accenture (NYSE:ACN) last released its quarterly earnings data 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 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 analyst estimates of $17.34 billion. During the same period in the prior year, the firm earned $2.66 earnings per share. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is currently 53.66%.

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.