Accenture PLC $ACN Stock Position Lowered by Burney Co.

Burney Co. lessened its holdings in Accenture PLC (NYSE:ACN) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,244 shares of the information technology services provider’s stock after selling 413 shares during the period. Burney Co.’s holdings in Accenture were worth $6,051,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ACN. Brighton Jones LLC lifted its stake in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares during the last quarter. Brookstone Capital Management raised its holdings in Accenture by 32.8% in the 1st quarter. Brookstone Capital Management now owns 4,194 shares of the information technology services provider’s stock worth $1,309,000 after acquiring an additional 1,036 shares during the period. Impax Asset Management Group plc lifted its position in Accenture by 3.3% during the 1st quarter. Impax Asset Management Group plc now owns 33,390 shares of the information technology services provider’s stock worth $10,419,000 after acquiring an additional 1,054 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Accenture by 2.6% in the first quarter. Capital Investment Advisory Services LLC now owns 4,208 shares of the information technology services provider’s stock valued at $1,313,000 after purchasing an additional 107 shares during the last quarter. Finally, Wayfinding Financial LLC bought a new position in shares of Accenture in the first quarter worth about $136,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Price Performance

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

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter last year, the company earned $2.66 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is presently 53.66%.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the 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 completion of the transaction, the chief executive officer directly owned 1,390 shares in the company, valued at $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 SEC, which can be accessed through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares in the company, valued at $3,678,354.40. This represents a 38.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 27,402 shares of company stock worth $6,875,974 over the last three months. Company insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wolfe Research upped their price target on Accenture from $285.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. cut their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. Morgan Stanley decreased their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. Evercore ISI set a $280.00 price objective on shares of Accenture in a research report on Thursday, September 25th. Finally, Mizuho decreased their target price on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $294.25.

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.