Foundations Investment Advisors LLC Acquires 252 Shares of Accenture PLC $ACN

Foundations Investment Advisors LLC raised its holdings in Accenture PLC (NYSE:ACN) by 12.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,316 shares of the information technology services provider’s stock after buying an additional 252 shares during the period. Foundations Investment Advisors LLC’s holdings in Accenture were worth $692,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Accenture during the 1st quarter valued at $31,000. RMG Wealth Management LLC acquired a new position in shares of Accenture in the second quarter valued at $33,000. WPG Advisers LLC bought a new position in shares of Accenture in the first quarter valued at about $42,000. Cheviot Value Management LLC bought a new stake in shares of Accenture during the 1st quarter worth about $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new position in Accenture in the 1st quarter valued at about $45,000. 75.14% of the stock is currently owned by institutional investors.

Insider Transactions at Accenture

In related news, 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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer owned 23,516 shares in the company, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 33,319 shares of company stock valued at $8,335,225. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.6%

ACN stock opened at $239.99 on Wednesday. The company has a market cap of $158.03 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business has a 50-day simple moving average of $244.13 and a 200 day simple moving average of $271.98.

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

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, October 10th were issued a $1.63 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a $6.52 dividend on an annualized basis 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 (DPR) is 53.66%.

Wall Street Analyst Weigh In

ACN has been the subject of a number of research analyst reports. BNP Paribas Exane reduced their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Wells Fargo & Company started coverage on Accenture in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price objective on the stock. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Citigroup upgraded shares of Accenture to a “hold” rating in a research note on Thursday, October 23rd. Finally, Guggenheim dropped their price objective on shares of Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, September 26th. One 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. Based on data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average target price of $294.25.

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.