Corton Capital Inc. Buys Shares of 1,133 Accenture PLC $ACN

Corton Capital Inc. purchased a new stake in shares of Accenture PLC (NYSE:ACN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,133 shares of the information technology services provider’s stock, valued at approximately $339,000.

Other large investors have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Accenture during the first quarter valued at $31,000. RMG Wealth Management LLC purchased a new position in Accenture in the 2nd quarter worth about $33,000. WPG Advisers LLC purchased a new position in Accenture during the 1st quarter valued at about $42,000. Cheviot Value Management LLC bought a new stake in shares of Accenture in the 1st quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new stake in Accenture in the 1st quarter worth approximately $45,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Price Performance

Accenture stock opened at $250.44 on Monday. 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 PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The stock has a market capitalization 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 stock has a fifty day moving average of $246.87 and a 200-day moving average of $275.96.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’s quarterly revenue 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. On average, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors 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 dividend 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 is currently 53.66%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ACN shares. BNP Paribas Exane lowered their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. Mizuho decreased their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Guggenheim cut their target price on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Finally, Robert W. Baird cut their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Manish Sharma sold 6,902 shares of the stock in a transaction on Wednesday, October 22nd. The stock was 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 owned 1,860 shares in the company, valued at approximately $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,402 shares of company stock worth $6,875,974 in the last 90 days. Corporate 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.