Accenture PLC $ACN Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC trimmed its holdings in Accenture PLC (NYSE:ACN) by 1.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 50,309 shares of the information technology services provider’s stock after selling 764 shares during the period. RWA Wealth Partners LLC’s holdings in Accenture were worth $15,037,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its position in 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 purchasing an additional 4,905 shares during the period. Allworth Financial LP raised its holdings in shares of Accenture by 32.6% in the 1st quarter. Allworth Financial LP now owns 18,209 shares of the information technology services provider’s stock valued at $5,306,000 after buying an additional 4,476 shares during the period. Alps Advisors Inc. lifted its stake in Accenture by 0.6% during the 1st quarter. Alps Advisors Inc. now owns 67,157 shares of the information technology services provider’s stock worth $20,956,000 after acquiring an additional 429 shares in the last quarter. Cerity Partners LLC grew its position in Accenture by 14.0% in the 1st quarter. Cerity Partners LLC now owns 331,745 shares of the information technology services provider’s stock valued at $103,518,000 after acquiring an additional 40,802 shares in the last quarter. Finally, Genus Capital Management Inc. purchased a new stake in Accenture during the first quarter worth about $1,030,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 33,319 shares of company stock worth $8,335,225 over the last 90 days. Corporate insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ACN shares. Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Mizuho cut their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Cowen reiterated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Deutsche Bank Aktiengesellschaft cut their price target on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, September 26th. Finally, Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture has an average rating of “Moderate Buy” and an average target price of $294.25.

Accenture Trading Up 1.9%

NYSE:ACN opened at $245.87 on Friday. 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 1 year low of $229.40 and a 1 year high of $398.35. The stock has a market cap of $161.90 billion, a P/E ratio of 20.24, a P/E/G ratio of 2.16 and a beta of 1.28. The stock has a 50-day simple moving average of $245.69 and a 200-day simple moving average of $274.79.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the prior year, the company posted $2.66 earnings per share. The firm’s quarterly revenue 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, analysts anticipate that Accenture PLC will post 12.73 earnings per share 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 given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 53.66%.

Accenture 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.