Forsta AP Fonden lifted its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 9.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 175,429 shares of the information technology services provider’s stock after acquiring an additional 15,700 shares during the period. Forsta AP Fonden’s holdings in Accenture were worth $52,434,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of ACN. Viawealth LLC increased its stake in Accenture by 2.6% in the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares during the period. Aprio Wealth Management LLC grew its holdings in shares of Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after buying an additional 33 shares during the last quarter. First National Advisers LLC increased its position in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after acquiring an additional 34 shares during the period. TCTC Holdings LLC raised its stake in Accenture by 14.5% during the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after acquiring an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co lifted its position in Accenture by 0.4% during the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after acquiring an additional 35 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Insider Activity at Accenture
In related news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the transaction, the chief executive officer owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’s 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 owned 1,390 shares in the company, 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. In the last quarter, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by insiders.
Accenture Stock Performance
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 26.45% and a net margin of 11.02%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.
Accenture Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 53.66%.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on ACN shares. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Robert W. Baird cut their price objective 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. Rothschild & Co Redburn lifted their target price on shares of Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Finally, Citigroup upgraded shares of Accenture to a “hold” rating in a research note on Thursday, October 23rd. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $294.25.
Check Out Our Latest Research Report on Accenture
Accenture 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.
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