Western Wealth Management LLC Grows Stock Position in Accenture PLC $ACN

Western Wealth Management LLC boosted its stake in shares of Accenture PLC (NYSE:ACN) by 40.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,301 shares of the information technology services provider’s stock after purchasing an additional 952 shares during the quarter. Western Wealth Management LLC’s holdings in Accenture were worth $987,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the first quarter worth approximately $31,000. RMG Wealth Management LLC purchased a new position in Accenture in the second quarter worth approximately $33,000. WPG Advisers LLC acquired a new position in Accenture during the 1st quarter worth approximately $42,000. Cheviot Value Management LLC purchased a new stake in shares of Accenture in the 1st quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new stake in shares of Accenture in the 1st quarter valued at $45,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 1.7%

Shares of NYSE ACN opened at $241.12 on Tuesday. The business has a 50-day moving average price of $244.37 and a 200 day moving average price of $272.44. The stock has a market cap of $158.77 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share 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 return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue for the quarter 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. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were issued a $1.63 dividend. The ex-dividend date of this dividend was Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s dividend payout ratio is currently 53.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ACN shares. Rothschild & Co Redburn boosted their target price on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. BMO Capital Markets lowered their price objective on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research report on Friday, September 26th. Stifel Nicolaus cut their target price on Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Wolfe Research boosted their target price on Accenture from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. dropped their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. One research 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 stock. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus price target of $294.25.

Insider Transactions at Accenture

In related news, CEO Julie Spellman Sweet sold 5,917 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This trade represents a 40.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 33,319 shares of company stock worth $8,335,225. Company insiders own 0.02% of the company’s stock.

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.