Accenture PLC $ACN Shares Acquired by RBA Wealth Management LLC

RBA Wealth Management LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 13.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,277 shares of the information technology services provider’s stock after acquiring an additional 951 shares during the quarter. RBA Wealth Management LLC’s holdings in Accenture were worth $2,474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ACN. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Accenture in the first quarter worth approximately $31,000. Inlight Wealth Management LLC acquired a new position in Accenture during the first quarter worth approximately $32,000. WPG Advisers LLC acquired a new stake in shares of Accenture during the 1st quarter worth approximately $42,000. Atwood & Palmer Inc. raised its position in shares of Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 110 shares during the last quarter. Finally, Cheviot Value Management LLC acquired a new position in shares of Accenture during the first quarter valued at about $43,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Stock Performance

NYSE:ACN opened at $239.43 on Friday. The company’s 50-day moving average is $253.43 and its two-hundred day moving average is $286.02. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a market capitalization of $149.96 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.05 and a beta of 1.29.

Accenture (NYSE:ACN) last announced its quarterly earnings results 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. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the business earned $2.66 EPS. Accenture’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given 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 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s payout ratio is currently 53.66%.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the sale, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on ACN. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Cowen restated a “buy” rating on shares of Accenture in a research report on Friday. Mizuho set a $348.00 target price on shares of Accenture and gave the stock an “outperform” rating in a report on Tuesday, June 24th. Morgan Stanley dropped their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Finally, Susquehanna decreased their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus target price of $301.91.

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.