Advisory Alpha LLC Sells 215 Shares of Accenture PLC $ACN

Advisory Alpha LLC decreased its position in Accenture PLC (NYSE:ACN) by 12.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,563 shares of the information technology services provider’s stock after selling 215 shares during the period. Advisory Alpha LLC’s holdings in Accenture were worth $467,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in shares of Accenture by 10.2% in the 1st quarter. Ameritas Advisory Services LLC now owns 2,838 shares of the information technology services provider’s stock valued at $963,000 after buying an additional 262 shares during the period. Cidel Asset Management Inc. increased its stake in shares of Accenture by 4.7% in the 1st quarter. Cidel Asset Management Inc. now owns 2,434 shares of the information technology services provider’s stock valued at $760,000 after buying an additional 109 shares during the period. Clear Creek Financial Management LLC increased its stake in shares of Accenture by 41.0% in the 1st quarter. Clear Creek Financial Management LLC now owns 928 shares of the information technology services provider’s stock valued at $290,000 after buying an additional 270 shares during the period. Finally, Rossby Financial LCC boosted its position in shares of Accenture by 174.6% in the 1st quarter. Rossby Financial LCC now owns 1,576 shares of the information technology services provider’s stock worth $462,000 after purchasing an additional 1,002 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,402 shares of company stock valued at $4,595,374 over the last 90 days. 0.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ACN shares. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Wells Fargo & Company started coverage on Accenture in a report on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 target price on the stock. Mizuho reduced their target price on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Citigroup raised Accenture to a “hold” rating in a research note on Thursday, October 23rd. Finally, Morgan Stanley dropped their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $294.25.

Accenture Price Performance

NYSE:ACN opened at $248.01 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The stock’s 50-day simple moving average is $247.13 and its 200 day simple moving average is $276.58. The company has a market cap of $163.31 billion, a P/E ratio of 20.41, a P/E/G ratio of 2.21 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 released its 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 business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 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. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is presently 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.