Sonora Investment Management Group LLC Increases Stock Holdings in Accenture PLC $ACN

Sonora Investment Management Group LLC boosted its holdings in Accenture PLC (NYSE:ACN) by 17.1% during the second quarter, Holdings Channel reports. The institutional investor owned 46,078 shares of the information technology services provider’s stock after buying an additional 6,733 shares during the period. Sonora Investment Management Group LLC’s holdings in Accenture were worth $13,772,000 at the end of the most recent quarter.

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

Accenture Trading Up 3.0%

NYSE ACN opened at $239.43 on Friday. The company has a market capitalization of $149.96 billion, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 2.05 and a beta of 1.29. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company’s fifty day moving average price is $253.43 and its two-hundred day moving average price is $286.02.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company 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% compared to the same quarter last year. During the same quarter last year, the business 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, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Insider Transactions at Accenture

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction that occurred 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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business’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 value of $141,170.00. Following the transaction, the chief executive officer owned 2,283 shares of the company’s stock, valued at $644,582.22. This represents a 17.97% decrease in their position. 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 currently owned by company insiders.

Wall Street Analysts Forecast Growth

ACN has been the topic of a number of recent research reports. HSBC reduced their price target on shares of Accenture from $240.00 to $215.00 in a research report on Friday. Argus set a $370.00 price target on shares of Accenture in a research report on Tuesday, June 24th. Mizuho set a $348.00 price objective on Accenture and gave the company an “outperform” rating in a research report on Tuesday, June 24th. Benchmark restated a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Finally, UBS Group lowered their target price on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average target price of $301.91.

Accenture Company 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.