City Holding Co. Sells 161 Shares of Accenture PLC $ACN

City Holding Co. trimmed its position in Accenture PLC (NYSE:ACN) by 1.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,942 shares of the information technology services provider’s stock after selling 161 shares during the quarter. City Holding Co.’s holdings in Accenture were worth $2,971,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ACN. Redwood Investments LLC boosted its position in shares of Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after buying an additional 1,287 shares during the period. Lipe & Dalton raised its stake in Accenture by 2,087.4% in the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock worth $1,570,000 after buying an additional 4,801 shares in the last quarter. Intech Investment Management LLC raised its stake in Accenture by 40.5% in the first quarter. Intech Investment Management LLC now owns 98,633 shares of the information technology services provider’s stock worth $30,777,000 after buying an additional 28,446 shares in the last quarter. Park National Corp OH raised its stake in Accenture by 4.3% in the second quarter. Park National Corp OH now owns 129,667 shares of the information technology services provider’s stock worth $38,756,000 after buying an additional 5,388 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its position in shares of Accenture by 1.5% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 234,066 shares of the information technology services provider’s stock worth $69,960,000 after purchasing an additional 3,500 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ACN shares. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Argus set a $370.00 target price on shares of Accenture in a research note on Tuesday, June 24th. Morgan Stanley reduced their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Rothschild & Co Redburn increased their price objective on shares of Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Finally, Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus price target of $301.91.

Accenture Stock Performance

Shares of ACN stock opened at $239.43 on Friday. The company has a quick ratio of 1.46, 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. The stock has a market capitalization of $149.96 billion, a PE ratio of 19.71, a P/E/G ratio of 2.05 and a beta of 1.29. The firm has a 50 day moving average of $253.43 and a two-hundred day moving average of $286.02.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. The business 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%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared 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 is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 53.66%.

Insider Buying and Selling

In related news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares in the company, valued at $644,582.22. This trade represents a 17.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider owned 5,249 shares in the company, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock worth $834,280 in the last ninety days. 0.02% of the stock is owned by corporate insiders.

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.