Duncan Williams Asset Management LLC Buys 686 Shares of Accenture PLC $ACN

Duncan Williams Asset Management LLC increased its stake in shares of Accenture PLC (NYSE:ACN) by 19.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,188 shares of the information technology services provider’s stock after buying an additional 686 shares during the period. Duncan Williams Asset Management LLC’s holdings in Accenture were worth $1,252,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. PUREfi Wealth LLC lifted its position in Accenture by 5.4% during the second quarter. PUREfi Wealth LLC now owns 2,382 shares of the information technology services provider’s stock worth $712,000 after acquiring an additional 121 shares during the last quarter. Cullinan Associates Inc. boosted its stake in Accenture by 1.8% in the 2nd quarter. Cullinan Associates Inc. now owns 8,379 shares of the information technology services provider’s stock valued at $2,504,000 after purchasing an additional 145 shares during the period. Knights of Columbus Asset Advisors LLC boosted its position in shares of Accenture by 0.4% in the second quarter. Knights of Columbus Asset Advisors LLC now owns 16,859 shares of the information technology services provider’s stock valued at $5,039,000 after acquiring an additional 64 shares during the period. Marks Group Wealth Management Inc grew its stake in shares of Accenture by 4.1% in the second quarter. Marks Group Wealth Management Inc now owns 26,175 shares of the information technology services provider’s stock valued at $7,823,000 after acquiring an additional 1,024 shares in the last quarter. Finally, Running Oak Capital LLC increased its position in Accenture by 15.0% during the second quarter. Running Oak Capital LLC now owns 50,351 shares of the information technology services provider’s stock worth $15,049,000 after acquiring an additional 6,581 shares during the period. 75.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ACN has been the topic of several recent research reports. Mizuho lowered their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Rothschild & Co Redburn raised their price objective on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. UBS Group cut their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Saturday, September 27th. Finally, Wall Street Zen raised Accenture from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $300.22.

Accenture Trading Up 0.4%

Shares of ACN stock opened at $245.39 on Monday. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market cap of $153.69 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. The stock has a 50-day moving average of $249.57 and a 200-day moving average of $283.24.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the prior year, the business posted $2.66 earnings per share. The firm’s revenue 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. On average, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 48.72%.

Insider Buying and Selling at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was 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. This represents a 17.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. 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 insiders.

About Accenture

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.