Accenture PLC $ACN Shares Bought by Running Oak Capital LLC

Running Oak Capital LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 15.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,351 shares of the information technology services provider’s stock after buying an additional 6,581 shares during the period. Running Oak Capital LLC’s holdings in Accenture were worth $15,049,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Accenture from a “hold” rating to a “buy” rating in a research report on Friday. Stifel Nicolaus decreased their price target on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. TD Cowen dropped their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Finally, HSBC dropped their price target on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Insider Activity at Accenture

In other news, insider Angela Beatty sold 203 shares of the firm’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the transaction, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This trade represents a 21.73% 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 valued at $834,280. Corporate insiders own 0.02% of the company’s stock.

Accenture Trading Up 0.4%

NYSE ACN opened at $245.39 on Monday. The company has a market capitalization of $153.69 billion, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. 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 $249.57 and its two-hundred day moving average price is $283.24.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates 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 quarter in the prior 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 company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 48.72%.

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.