Beverly Hills Private Wealth LLC Trims Holdings in Accenture PLC $ACN

Beverly Hills Private Wealth LLC trimmed its position in Accenture PLC (NYSE:ACN) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,120 shares of the information technology services provider’s stock after selling 377 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Accenture were worth $1,530,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Accenture in the first quarter worth about $31,000. Inlight Wealth Management LLC purchased a new position in shares of Accenture in the first quarter worth about $32,000. RMG Wealth Management LLC purchased a new position in shares of Accenture in the second quarter worth about $33,000. WPG Advisers LLC purchased a new position in shares of Accenture in the first quarter worth about $42,000. Finally, Cheviot Value Management LLC purchased a new position in Accenture during the first quarter valued at approximately $43,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Stock Up 1.9%

Shares of ACN opened at $238.46 on Monday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The stock’s 50 day moving average is $246.78 and its two-hundred day moving average is $278.74. The firm has a market cap of $157.02 billion, a P/E ratio of 19.63, a PEG ratio of 2.08 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 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 company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the company earned $2.66 earnings per share. Accenture’s quarterly revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. 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 paid a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 53.66%.

Analyst Ratings Changes

Several research analysts recently weighed in on ACN shares. Rothschild & Co Redburn lifted their price target on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Evercore ISI set a $280.00 price target on Accenture in a research report on Thursday, September 25th. BMO Capital Markets reduced their price target on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research report on Friday, September 26th. Finally, Stifel Nicolaus reduced their price target on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture 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.