Accenture PLC $ACN Shares Acquired by Fairbanks Capital Management Inc.

Fairbanks Capital Management Inc. boosted its position in Accenture PLC (NYSE:ACN) by 7.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,732 shares of the information technology services provider’s stock after purchasing an additional 310 shares during the period. Fairbanks Capital Management Inc.’s holdings in Accenture were worth $1,414,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture in the 1st quarter worth about $31,000. RMG Wealth Management LLC acquired a new position in Accenture during the second quarter worth about $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 purchased a new position in shares of Accenture during the 1st quarter worth approximately $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new position in shares of Accenture during the 1st quarter worth approximately $45,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Down 0.6%

Shares of ACN stock opened at $244.36 on Tuesday. The firm’s 50-day simple moving average is $245.37 and its 200-day simple moving average is $274.29. 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 firm has a market cap of $160.90 billion, a P/E ratio of 20.11, a PEG ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The firm had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s payout ratio is 53.66%.

Insider Buying and Selling at Accenture

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the completion of the sale, the chief executive officer owned 8,599 shares in the company, valued at approximately $2,120,685.38. The trade was a 40.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction of $623,675.00. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 33,319 shares of company stock valued at $8,335,225. Company insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the subject of several recent research reports. HSBC dropped their price target on Accenture from $240.00 to $215.00 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. BMO Capital Markets reduced their target price on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a report on Friday, September 26th. Robert W. Baird lowered their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Finally, Stifel Nicolaus cut their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One research 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 assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $294.25.

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.