Topsail Wealth Management LLC Boosts Holdings in Accenture PLC $ACN

Topsail Wealth Management LLC increased its holdings in Accenture PLC (NYSE:ACN) by 4.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,606 shares of the information technology services provider’s stock after purchasing an additional 64 shares during the period. Topsail Wealth Management LLC’s holdings in Accenture were worth $480,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in ACN. Brighton Jones LLC lifted its holdings in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares in the last quarter. Western Wealth Management LLC raised its holdings in shares of Accenture by 185.1% during the 1st quarter. Western Wealth Management LLC now owns 2,349 shares of the information technology services provider’s stock worth $733,000 after acquiring an additional 1,525 shares in the last quarter. Perpetual Ltd raised its holdings in shares of Accenture by 0.7% during the 1st quarter. Perpetual Ltd now owns 7,838 shares of the information technology services provider’s stock worth $2,446,000 after acquiring an additional 51 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $221,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Accenture by 17.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,606 shares of the information technology services provider’s stock worth $19,744,000 after acquiring an additional 9,928 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares in the company, valued at $465,018.60. This trade represents a 78.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,402 shares of company stock valued at $4,595,374 in the last quarter. 0.02% of the stock is owned by insiders.

Accenture Stock Performance

NYSE ACN opened at $247.93 on Friday. The company has a market cap of $163.25 billion, a P/E ratio of 20.41, a P/E/G ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The business’s 50 day moving average price is $247.27 and its 200-day moving average price is $277.55. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm 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 $1.63 dividend. This is a boost 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 yield of 2.6%. Accenture’s dividend payout ratio is currently 53.66%.

Analyst Ratings Changes

ACN has been the topic of several recent research reports. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Wells Fargo & Company initiated coverage on Accenture in a report on Tuesday. They set an “equal weight” rating and a $251.00 price objective on the stock. Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. Robert W. Baird decreased their price objective on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Finally, JPMorgan Chase & Co. cut their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average target price of $297.48.

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.