1,000 Shares in Accenture PLC $ACN Acquired by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC bought a new position in shares of Accenture PLC (NYSE:ACN) in the 2nd quarter, HoldingsChannel reports. The fund bought 1,000 shares of the information technology services provider’s stock, valued at approximately $299,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Accenture during the 1st quarter worth $31,000. RMG Wealth Management LLC purchased a new stake in shares of Accenture during the 2nd quarter valued at approximately $33,000. WPG Advisers LLC bought a new position in Accenture in the 1st quarter worth approximately $42,000. Cheviot Value Management LLC purchased a new stake in shares of Accenture during the first quarter worth $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new stake in Accenture during the 1st quarter worth about $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of ACN opened at $245.87 on Friday. The company has a market cap of $161.90 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 2.16 and a beta of 1.28. The business’s fifty day simple moving average is $245.69 and its two-hundred day simple moving average is $274.72. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. 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 released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is 53.66%.

Wall Street Analyst Weigh In

ACN has been the subject of a number of recent analyst reports. Rothschild & Co Redburn boosted their price target on shares of Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Morgan Stanley lowered their price objective on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. Royal Bank Of Canada reduced their price target on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the company’s 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 transaction, the insider directly owned 1,860 shares in the company, valued at $465,018.60. This represents a 78.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,319 shares of company stock valued at $8,335,225 over the last three months. Corporate insiders own 0.02% of the company’s stock.

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.