Accenture PLC $ACN Shares Sold by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC lowered its position in shares of Accenture PLC (NYSE:ACN) by 16.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 11,770 shares of the information technology services provider’s stock after selling 2,250 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Accenture were worth $3,518,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Seelaus Asset Management LLC raised its stake in shares of Accenture by 6.0% during the 2nd quarter. Seelaus Asset Management LLC now owns 1,000 shares of the information technology services provider’s stock valued at $299,000 after buying an additional 57 shares during the last quarter. Westside Investment Management Inc. raised its stake in shares of Accenture by 95.0% during the 2nd quarter. Westside Investment Management Inc. now owns 271 shares of the information technology services provider’s stock valued at $81,000 after buying an additional 132 shares during the last quarter. Texas Bank & Trust Co raised its stake in shares of Accenture by 2.0% during the 2nd quarter. Texas Bank & Trust Co now owns 8,344 shares of the information technology services provider’s stock valued at $2,494,000 after buying an additional 163 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Accenture by 5.6% during the 2nd quarter. Bank of Montreal Can now owns 1,233,684 shares of the information technology services provider’s stock valued at $368,736,000 after buying an additional 65,102 shares during the last quarter. Finally, Telos Capital Management Inc. increased its stake in shares of Accenture by 10.2% in the 2nd quarter. Telos Capital Management Inc. now owns 8,546 shares of the information technology services provider’s stock valued at $2,554,000 after purchasing an additional 788 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ACN shares. Wall Street Zen lowered Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. The Goldman Sachs Group cut their price target on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. Mizuho cut their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Finally, Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $294.25.

Accenture Trading Up 0.5%

Shares of Accenture stock opened at $250.44 on Monday. The stock has a market cap of $164.91 billion, a P/E ratio of 20.61, a P/E/G ratio of 2.16 and a beta of 1.28. The stock’s 50 day simple moving average is $246.87 and its 200-day simple moving average is $275.96. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42.

Accenture (NYSE:ACN) last issued its earnings results 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 business 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 business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 EPS. 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 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed 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. 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 yield of 2.6%. The ex-dividend date is Friday, October 10th. Accenture’s payout ratio is currently 53.66%.

Insider Activity at Accenture

In other 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 transaction of $623,675.00. Following the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This trade represents a 27.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 27,402 shares of company stock worth $6,875,974. Insiders own 0.02% of the company’s stock.

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.