Accenture PLC $ACN Shares Purchased by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA raised its holdings in shares of Accenture PLC (NYSE:ACN) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,742 shares of the information technology services provider’s stock after buying an additional 2,233 shares during the period. Roffman Miller Associates Inc. PA’s holdings in Accenture were worth $22,639,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew 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 valued at $6,486,000 after buying an additional 4,905 shares in the last quarter. Brookstone Capital Management boosted 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. Envestnet Asset Management Inc. grew its position in Accenture by 9.6% in the first quarter. Envestnet Asset Management Inc. now owns 2,426,071 shares of the information technology services provider’s stock valued at $757,031,000 after acquiring an additional 211,746 shares in the last quarter. Financial Counselors Inc. lifted its position in shares of Accenture by 2.5% during the first quarter. Financial Counselors Inc. now owns 32,389 shares of the information technology services provider’s stock worth $10,107,000 after purchasing an additional 776 shares in the last quarter. Finally, Security National Bank of SO Dak purchased a new position in shares of Accenture in the first quarter valued at $214,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In other news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred 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 directly owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total value of $2,280,600.00. Following the transaction, the chief executive officer owned 14,516 shares of the company’s stock, valued at $3,678,354.40. This represents a 38.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,402 shares of company stock worth $6,875,974 over the last quarter. 0.02% of the stock is owned by company insiders.

Accenture Trading Down 0.7%

NYSE:ACN opened at $248.37 on Tuesday. The company has a market cap of $163.55 billion, a PE ratio of 20.44, a P/E/G ratio of 2.16 and a beta of 1.28. The business’s 50 day moving average is $246.71 and its two-hundred day moving average is $275.73. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate 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%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior 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, analysts predict that Accenture PLC will post 12.73 EPS for the current 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 given a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is currently 53.66%.

Analyst Ratings Changes

A number of brokerages have commented on ACN. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. UBS Group cut their price target on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Guggenheim lowered their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, September 26th. TD Cowen cut their target price on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average 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.