Viawealth LLC Has $292,000 Position in Accenture PLC $ACN

Viawealth LLC lessened its stake in Accenture PLC (NYSE:ACN) by 25.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 977 shares of the information technology services provider’s stock after selling 330 shares during the quarter. Viawealth LLC’s holdings in Accenture were worth $292,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Aprio Wealth Management LLC raised 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 acquiring an additional 33 shares in the last quarter. TCTC Holdings LLC increased its position in Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares during the last quarter. Texas Bank & Trust Co lifted its holdings in shares of 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 valued at $2,553,000 after buying an additional 35 shares during the last quarter. Norway Savings Bank grew its stake in shares of Accenture by 0.9% in the 2nd quarter. Norway Savings Bank now owns 4,123 shares of the information technology services provider’s stock valued at $1,232,000 after buying an additional 36 shares in the last quarter. Finally, Firethorn Wealth Partners LLC increased its holdings in Accenture by 4.4% in the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after buying an additional 36 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Shares of NYSE:ACN opened at $249.22 on Wednesday. The company has a market cap of $164.11 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 2.16 and a beta of 1.28. The business has a 50 day moving average price of $244.67 and a 200 day moving average price of $269.82. 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 twelve month low of $229.40 and a twelve month 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 the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the previous year, the business posted $2.66 EPS. The company’s revenue for the quarter 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. Research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, October 10th were issued a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend was Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. Accenture’s payout ratio is currently 53.66%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Evercore ISI set a $280.00 target price on shares of Accenture in a research note on Thursday, September 25th. Cowen reaffirmed a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Deutsche Bank Aktiengesellschaft reduced their price target on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Finally, The Goldman Sachs Group lowered their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Insiders Place Their Bets

In related news, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,319 shares of company stock worth $8,335,225 in the last ninety days. Insiders own 0.02% of the company’s stock.

About Accenture

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.