RMG Wealth Management LLC Buys Shares of 116 Accenture PLC $ACN

RMG Wealth Management LLC bought a new stake in Accenture PLC (NYSE:ACN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 116 shares of the information technology services provider’s stock, valued at approximately $33,000.

Other institutional investors have also recently bought and sold shares of the company. Country Club Bank raised its stake in shares of Accenture by 42.0% during the 2nd quarter. Country Club Bank now owns 5,392 shares of the information technology services provider’s stock worth $1,593,000 after purchasing an additional 1,595 shares in the last quarter. Motiv8 Investments LLC raised its stake in shares of Accenture by 11.6% during the 2nd quarter. Motiv8 Investments LLC now owns 3,532 shares of the information technology services provider’s stock worth $1,056,000 after purchasing an additional 367 shares in the last quarter. KPP Advisory Services LLC raised its stake in shares of Accenture by 19.7% during the 2nd quarter. KPP Advisory Services LLC now owns 4,328 shares of the information technology services provider’s stock worth $1,294,000 after purchasing an additional 711 shares in the last quarter. Confluence Wealth Services Inc. raised its stake in shares of Accenture by 2.0% during the 2nd quarter. Confluence Wealth Services Inc. now owns 5,050 shares of the information technology services provider’s stock worth $1,509,000 after purchasing an additional 98 shares in the last quarter. Finally, Eads & Heald Wealth Management raised its stake in shares of Accenture by 80.5% during the 2nd quarter. Eads & Heald Wealth Management now owns 4,135 shares of the information technology services provider’s stock worth $1,236,000 after purchasing an additional 1,844 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of NYSE ACN opened at $251.42 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The stock’s fifty day moving average price is $248.44 and its two-hundred day moving average price is $282.62. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The firm has a market cap of $157.47 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last issued its quarterly earnings data 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period in the prior year, the firm posted $2.66 EPS. The company’s revenue for the quarter 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 analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. Accenture’s payout ratio is currently 48.72%.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the sale, the insider directly owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $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 three months, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ACN has been the topic of a number of analyst reports. Mizuho dropped their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. The Goldman Sachs Group dropped their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Jefferies Financial Group restated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Wolfe Research dropped their price target on Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Finally, Robert W. Baird dropped their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $300.22.

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.