Accenture PLC $ACN Shares Bought by Sather Financial Group Inc

Sather Financial Group Inc raised its stake in Accenture PLC (NYSE:ACN) by 2.6% in the second quarter, HoldingsChannel reports. The fund owned 136,563 shares of the information technology services provider’s stock after purchasing an additional 3,497 shares during the period. Accenture accounts for approximately 2.4% of Sather Financial Group Inc’s investment portfolio, making the stock its 21st largest holding. Sather Financial Group Inc’s holdings in Accenture were worth $40,817,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture in the first quarter valued at approximately $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture in the first quarter valued at approximately $32,000. RMG Wealth Management LLC purchased a new stake in shares of Accenture in the second quarter valued at approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Accenture in the first quarter valued at approximately $42,000. Finally, Cheviot Value Management LLC purchased a new stake in shares of Accenture in the first quarter valued at approximately $43,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Stock Down 4.3%

Shares of NYSE:ACN opened at $241.11 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average of $247.45 and a two-hundred day moving average of $281.37. The stock has a market cap of $151.01 billion, a P/E ratio of 19.84, a PEG ratio of 2.10 and a beta of 1.28. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Benchmark restated a “mixed” rating on shares of Accenture in a research report on Friday, June 20th. Robert W. Baird dropped their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Argus set a $370.00 price target on Accenture in a research report on Tuesday, June 24th. Mizuho dropped their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Finally, Royal Bank Of Canada dropped their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

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.