Sequoia Financial Advisors LLC Has $15.17 Million Stock Position in Accenture PLC $ACN

Sequoia Financial Advisors LLC raised its holdings in shares of Accenture PLC (NYSE:ACN) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,743 shares of the information technology services provider’s stock after buying an additional 1,049 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Accenture were worth $15,166,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vest Financial LLC lifted its holdings in shares of Accenture by 6.5% during the second quarter. Vest Financial LLC now owns 127,713 shares of the information technology services provider’s stock worth $38,172,000 after buying an additional 7,797 shares during the last quarter. Griffin Asset Management Inc. lifted its holdings in shares of Accenture by 2.8% during the second quarter. Griffin Asset Management Inc. now owns 29,492 shares of the information technology services provider’s stock worth $8,815,000 after buying an additional 798 shares during the last quarter. Pegasus Asset Management Inc. lifted its holdings in shares of Accenture by 2.5% during the second quarter. Pegasus Asset Management Inc. now owns 19,548 shares of the information technology services provider’s stock worth $5,843,000 after buying an additional 471 shares during the last quarter. Welch Group LLC lifted its holdings in shares of Accenture by 8.8% during the second quarter. Welch Group LLC now owns 23,300 shares of the information technology services provider’s stock worth $6,964,000 after buying an additional 1,885 shares during the last quarter. Finally, MOKAN Wealth Management Inc. acquired a new position in shares of Accenture during the second quarter worth approximately $1,263,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on ACN shares. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Rothschild & Co Redburn raised their price objective on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Guggenheim reduced their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, September 26th. JPMorgan Chase & Co. reduced their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. Finally, Mizuho reduced their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $300.22.

Accenture Trading Up 1.1%

Shares of 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 company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a 50 day simple moving average of $247.15 and a 200-day simple moving average of $280.75. The stock has a market cap of $152.51 billion, a PE ratio of 20.04, a PEG ratio of 2.10 and a beta of 1.28.

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, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the prior year, the firm posted $2.66 EPS. Accenture’s quarterly revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio 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.