Wilmington Savings Fund Society FSB Sells 1,325 Shares of Accenture PLC $ACN

Wilmington Savings Fund Society FSB lowered its holdings in shares of Accenture PLC (NYSE:ACN) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 39,302 shares of the information technology services provider’s stock after selling 1,325 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Accenture were worth $11,747,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Viawealth LLC grew its holdings in shares of Accenture by 2.6% during the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares during the last quarter. Aprio Wealth Management LLC grew its holdings in Accenture by 2.1% in the 1st 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 during the last quarter. First National Advisers LLC grew its holdings in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after acquiring an additional 34 shares during the last quarter. TCTC Holdings LLC grew its holdings 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 acquiring an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co grew its holdings in Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, September 26th. JPMorgan Chase & Co. cut their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. HSBC cut their target price on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Finally, Royal Bank Of Canada cut their target price on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Trading Up 1.1%

Shares of NYSE ACN opened at $243.50 on Tuesday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The stock has a market cap of $152.51 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28. The firm has a 50-day moving average of $247.15 and a 200 day moving average of $280.75. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46.

Accenture (NYSE:ACN) last issued 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. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

Accenture 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.