Accenture PLC $ACN Shares Acquired by Birch Capital Management LLC

Birch Capital Management LLC lifted its holdings in Accenture PLC (NYSE:ACN) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 19,528 shares of the information technology services provider’s stock after purchasing an additional 396 shares during the quarter. Accenture comprises 3.0% of Birch Capital Management LLC’s holdings, making the stock its 10th biggest position. Birch Capital Management LLC’s holdings in Accenture were worth $5,837,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kelly Lawrence W & Associates Inc. CA acquired a new position in Accenture during the 1st quarter worth approximately $31,000. Inlight Wealth Management LLC acquired a new position in Accenture during the 1st quarter worth approximately $32,000. RMG Wealth Management LLC acquired a new position in Accenture during the 2nd quarter worth approximately $33,000. WPG Advisers LLC acquired a new position in Accenture during the 1st quarter worth approximately $42,000. Finally, Cheviot Value Management LLC acquired a new position in Accenture during the 1st quarter worth approximately $43,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Stock Down 0.3%

ACN opened at $252.28 on Friday. 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 $158.01 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.20 and a beta of 1.28. The stock’s fifty day simple moving average is $247.73 and its 200 day simple moving average is $282.04. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $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 expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 48.72%.

Wall Street Analysts Forecast Growth

ACN has been the subject of a number of recent research reports. Evercore ISI set a $280.00 price target on Accenture in a research report on Thursday, September 25th. Rothschild & Co Redburn increased their price objective on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Guggenheim cut their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. Finally, HSBC cut their price objective on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

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.