Saturna Capital Corp Sells 585 Shares of Accenture PLC $ACN

Saturna Capital Corp decreased its holdings in Accenture PLC (NYSE:ACN) by 5.4% in the second quarter, Holdings Channel reports. The fund owned 10,229 shares of the information technology services provider’s stock after selling 585 shares during the quarter. Saturna Capital Corp’s holdings in Accenture were worth $3,057,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Obermeyer Wealth Partners boosted its stake in Accenture by 21.3% during the first quarter. Obermeyer Wealth Partners now owns 10,018 shares of the information technology services provider’s stock worth $3,126,000 after buying an additional 1,757 shares during the period. Ignite Planners LLC increased its position in Accenture by 6.6% during the first quarter. Ignite Planners LLC now owns 856 shares of the information technology services provider’s stock valued at $257,000 after acquiring an additional 53 shares during the last quarter. PFG Advisors raised its stake in shares of Accenture by 28.5% in the first quarter. PFG Advisors now owns 21,005 shares of the information technology services provider’s stock valued at $6,554,000 after acquiring an additional 4,658 shares during the period. Finally, Hartford Funds Management Co LLC lifted its holdings in shares of Accenture by 10.8% in the 1st quarter. Hartford Funds Management Co LLC now owns 1,325 shares of the information technology services provider’s stock worth $413,000 after acquiring an additional 129 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group decreased their price target on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. BMO Capital Markets cut their price target 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. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. TD Cowen lowered their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Finally, Morgan Stanley decreased their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Insider Activity at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares in the company, valued at approximately $2,120,685.38. This trade represents a 40.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 33,319 shares of company stock valued at $8,335,225 over the last 90 days. Insiders own 0.02% of the company’s stock.

Accenture Stock Performance

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

Accenture (NYSE:ACN) last announced its quarterly 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period last year, the business posted $2.66 EPS. The business’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 10th were paid a dividend of $1.63 per share. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date was Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

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.