Summit Financial Wealth Advisors LLC Buys 68,463 Shares of Accenture PLC $ACN

Summit Financial Wealth Advisors LLC increased its stake in shares of Accenture PLC (NYSE:ACN) by 1,752.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,370 shares of the information technology services provider’s stock after buying an additional 68,463 shares during the quarter. Accenture comprises approximately 1.6% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 18th largest position. Summit Financial Wealth Advisors LLC’s holdings in Accenture were worth $13,270,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. IMG Wealth Management Inc. boosted its holdings in shares of Accenture by 134.8% during the first quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock valued at $31,000 after acquiring an additional 89 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Accenture in the 4th quarter worth about $54,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Accenture in the 4th quarter worth about $56,000. Whipplewood Advisors LLC lifted its position in Accenture by 57.9% in the 1st quarter. Whipplewood Advisors LLC now owns 210 shares of the information technology services provider’s stock valued at $42,000 after purchasing an additional 77 shares during the last quarter. Finally, Dogwood Wealth Management LLC lifted its position in Accenture by 147.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 128 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, COO Catherine Hogan sold 700 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $214.24, for a total value of $149,968.00. Following the completion of the transaction, the chief operating officer directly owned 11,856 shares in the company, valued at $2,540,029.44. This trade represents a 5.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Joel Unruch sold 10,498 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the transaction, the general counsel owned 17,735 shares in the company, valued at $2,890,450.30. This represents a 37.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,518 shares of company stock valued at $2,124,932. Company insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of NYSE ACN traded up $10.67 during midday trading on Thursday, reaching $225.63. 4,868,146 shares of the company traded hands, compared to its average volume of 6,984,994. Accenture PLC has a 52 week low of $118.15 and a 52 week high of $291.09. The stock has a 50-day moving average price of $187.24 and a 200 day moving average price of $173.93. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.34. The company has a market cap of $150.68 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.76 and a beta of 1.11.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, topping the consensus estimate of $3.18 by $0.11. The business had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.03 billion. Accenture had a net margin of 11.28% and a return on equity of 26.53%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. Sell-side analysts anticipate that Accenture PLC will post 14.68 earnings per share for the current fiscal year.

Accenture announced that its board has approved a share buyback program on Tuesday, June 23rd that permits the company to buy back $2.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to purchase up to 2.4% of its stock through open market purchases. Share repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 13th will be paid a $1.71 dividend. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio (DPR) is currently 50.44%.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture raised its quarterly dividend from $1.63 to $1.71 per share, equivalent to $6.84 annually and an approximately 3.2% yield. The company also maintains a $2 billion share-repurchase authorization, supporting shareholder returns. Accenture stock report
• Positive Sentiment: New and expanded AI initiatives with Anthropic, Dell Technologies and Workday, including Workday’s forward-deployed engineering program, could increase demand for enterprise AI implementation, cybersecurity and private AI infrastructure services. Accenture deepens AI push
• Positive Sentiment: The planned acquisition of Sagacity Solutions should expand AI-driven customer intelligence capabilities in Accenture Song’s U.K. and Ireland operations, although the financial impact was not disclosed. Accenture acquires Sagacity Solutions
• Positive Sentiment: Recent quarterly results exceeded estimates: earnings were $3.29 per share versus a $3.18 consensus, while revenue rose 6.2% year over year to $18.68 billion. The company reaffirmed fiscal 2027 EPS guidance of $14.39 to $14.81.
• Neutral Sentiment: Analyst actions were mixed. Susquehanna raised its target to $230 and kept a neutral rating, while TD Cowen lifted its target to $201 but maintained a hold rating—below the recent trading level. Accenture analyst coverage
• Negative Sentiment: Investors remain concerned that Accenture’s AI-driven rally may have outpaced underlying growth. Cautious technology budgets, pricing pressure, acquisition dependence and execution risks could limit additional upside.
• Negative Sentiment: COO Catherine Hogan sold 700 shares for approximately $150,000 under a pre-arranged Rule 10b5-1 plan. The transaction is relatively small and planned, but may modestly weigh on sentiment. Accenture SEC insider filing

Analyst Ratings Changes

A number of research analysts have issued reports on ACN shares. UBS Group set a $278.00 target price on shares of Accenture in a research report on Thursday. Susquehanna lifted their price target on Accenture from $210.00 to $230.00 and gave the company a “neutral” rating in a report on Thursday. TD Cowen lifted their price target on Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a report on Thursday. Argus boosted their price objective on Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Finally, DA Davidson decreased their price objective on Accenture from $275.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Accenture presently has an average rating of “Hold” and an average target price of $219.26.

Accenture Profile

Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.

The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.