Everett Harris & Co. CA Sells 5,010 Shares of Accenture PLC $ACN

Everett Harris & Co. CA trimmed its stake in Accenture PLC (NYSE:ACN) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 367,058 shares of the information technology services provider’s stock after selling 5,010 shares during the quarter. Accenture accounts for 1.4% of Everett Harris & Co. CA’s portfolio, making the stock its 14th biggest holding. Everett Harris & Co. CA owned about 0.06% of Accenture worth $109,710,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Transactions at Accenture

In other news, CEO Ryoji Sekido sold 2,500 shares of the firm’s 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 sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This trade represents a 64.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.

Accenture Trading Down 0.8%

NYSE:ACN opened at $242.57 on Wednesday. The firm has a market capitalization of $159.72 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The business has a fifty day moving average price of $245.10 and a 200-day moving average price of $273.93. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter in the prior year, the business posted $2.66 earnings per share. The business’s quarterly revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company 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. 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 dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ACN shares. Cowen reiterated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Wells Fargo & Company initiated coverage on shares of Accenture in a research note on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price target for the company. BMO Capital Markets lowered their price objective on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research report on Friday, September 26th. Robert W. Baird cut their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Finally, Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. One investment 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. According to data from MarketBeat, the stock presently 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.