Whittier Trust Co. of Nevada Inc. Sells 453 Shares of Accenture PLC $ACN

Whittier Trust Co. of Nevada Inc. decreased its stake in shares of Accenture PLC (NYSE:ACN) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,000 shares of the information technology services provider’s stock after selling 453 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Accenture were worth $4,483,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ACN. Brighton Jones LLC lifted its position in Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the period. Flagship Harbor Advisors LLC raised its position in Accenture by 24.8% in the first quarter. Flagship Harbor Advisors LLC now owns 5,124 shares of the information technology services provider’s stock worth $1,599,000 after acquiring an additional 1,017 shares during the period. Asset Management One Co. Ltd. raised its position in Accenture by 6.5% in the first quarter. Asset Management One Co. Ltd. now owns 268,967 shares of the information technology services provider’s stock worth $83,928,000 after acquiring an additional 16,530 shares during the period. GHP Investment Advisors Inc. raised its position in Accenture by 2.5% in the first quarter. GHP Investment Advisors Inc. now owns 21,745 shares of the information technology services provider’s stock worth $6,785,000 after acquiring an additional 532 shares during the period. Finally, Palisade Asset Management LLC raised its position in Accenture by 1.8% in the first quarter. Palisade Asset Management LLC now owns 35,634 shares of the information technology services provider’s stock worth $11,119,000 after acquiring an additional 645 shares during the period. Institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on ACN shares. TD Cowen decreased their price target on shares of Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. JPMorgan Chase & Co. decreased their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. BNP Paribas Exane decreased their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. Finally, UBS Group decreased their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $298.17.

Accenture Stock Performance

ACN opened at $250.70 on Wednesday. The stock has a market capitalization of $165.08 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 2.11 and a beta of 1.28. The company has a fifty day moving average of $247.11 and a 200 day moving average of $278.25. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share 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 net margin of 11.02% and a return on equity of 26.45%. Accenture’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.6%. Accenture’s dividend payout ratio is 53.66%.

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.