Accenture PLC $ACN Shares Sold by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC decreased its holdings in Accenture PLC (NYSE:ACN) by 18.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,408 shares of the information technology services provider’s stock after selling 5,801 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Accenture were worth $5,038,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Board of the Pension Protection Fund acquired a new stake in Accenture in the fourth quarter worth about $27,000. Laurel Wealth Advisors LLC acquired a new position in shares of Accenture during the fourth quarter valued at about $27,000. McMillan Office Inc. purchased a new position in shares of Accenture in the 4th quarter valued at approximately $27,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Accenture in the 4th quarter worth approximately $27,000. Finally, Triumph Capital Management acquired a new stake in Accenture in the 3rd quarter worth approximately $26,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Trading Up 2.4%

Shares of ACN stock opened at $138.50 on Tuesday. The business has a 50-day moving average price of $159.47 and a two-hundred day moving average price of $202.54. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The firm has a market cap of $92.49 billion, a P/E ratio of 11.06, a price-to-earnings-growth ratio of 1.34 and a beta of 1.13.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating the consensus estimate of $3.70 by $0.10. The firm had revenue of $18.72 billion for the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company earned $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities analysts anticipate that Accenture PLC will post 13.85 EPS for the current fiscal year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 4.7%. Accenture’s dividend payout ratio (DPR) is 52.08%.

Accenture announced that its board has authorized a stock repurchase program on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Truist Financial reduced their target price on Accenture from $210.00 to $150.00 and set a “hold” rating for the company in a research report on Monday, June 22nd. Morgan Stanley lowered their price target on Accenture from $177.00 to $130.00 and set an “equal weight” rating on the stock in a report on Monday, June 22nd. Susquehanna cut their price objective on Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. Oppenheimer set a $201.00 price objective on shares of Accenture in a research report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $136.00 target price on shares of Accenture in a research note on Friday. Twelve research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $193.19.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the sale, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.