Claro Advisors LLC Sells 736 Shares of Accenture PLC $ACN

Claro Advisors LLC trimmed its stake in Accenture PLC (NYSE:ACN) by 7.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,222 shares of the information technology services provider’s stock after selling 736 shares during the period. Claro Advisors LLC’s holdings in Accenture were worth $2,756,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ACN. Price T Rowe Associates Inc. MD raised its stake in shares of Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after acquiring an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after acquiring an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Accenture by 2,782.1% in the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after acquiring an additional 1,395,135 shares in the last quarter. McElhenny Sheffield Capital Management LLC bought a new position in shares of Accenture in the 2nd quarter valued at approximately $308,000. Finally, Invesco Ltd. grew its holdings in Accenture by 23.5% in the 1st quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock valued at $880,960,000 after buying an additional 537,223 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Price Performance

Shares of NYSE:ACN opened at $242.98 on Wednesday. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The firm has a market capitalization of $159.99 billion, a PE ratio of 20.00, a PEG ratio of 2.16 and a beta of 1.28. The business’s 50 day moving average is $246.45 and its 200-day moving average is $275.45. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the firm earned $2.66 EPS. Accenture’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. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total value of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares in the company, valued at $3,678,354.40. This trade represents a 38.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,402 shares of company stock worth $6,875,974 over the last three months. Company insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on ACN. Cowen reaffirmed a “buy” rating on shares of Accenture in a report on Friday, September 26th. Susquehanna lowered their target price on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, September 18th. Evercore ISI set a $280.00 target price on Accenture in a report on Thursday, September 25th. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. lowered their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $294.25.

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.