Guyasuta Investment Advisors Inc. Purchases 1,967 Shares of Accenture PLC $ACN

Guyasuta Investment Advisors Inc. boosted its position in Accenture PLC (NYSE:ACNFree Report) by 4.2% during the second quarter, HoldingsChannel.com reports. The fund owned 48,302 shares of the information technology services provider’s stock after buying an additional 1,967 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Accenture were worth $14,437,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Viawealth LLC raised its holdings in shares of Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after acquiring an additional 33 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC boosted its holdings in Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after purchasing an additional 34 shares during the last quarter. TCTC Holdings LLC boosted its holdings in Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Spectrum Asset Management Inc. NB CA boosted its holdings in Accenture by 0.3% during the first quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after purchasing an additional 35 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Up 3.0%

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

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for 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 revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm 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. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is currently 53.66%.

Wall Street Analyst Weigh In

ACN has been the topic of several analyst reports. JPMorgan Chase & Co. cut their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday. Stifel Nicolaus cut their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Guggenheim cut their price target on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a report on Friday. Evercore ISI set a $280.00 target price on shares of Accenture in a research note on Thursday. Finally, Argus set a $370.00 target price on shares of Accenture in a research note on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average target price of $301.91.

Get Our Latest Research Report on Accenture

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the sale, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction that occurred 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 owned 2,283 shares in the company, valued at $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is owned by corporate insiders.

About Accenture

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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