Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in Accenture PLC $ACN

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Accenture PLC (NYSE:ACN) by 4.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,310,628 shares of the information technology services provider’s stock after buying an additional 129,208 shares during the quarter. Accenture accounts for about 0.8% of Mitsubishi UFJ Asset Management Co. Ltd.’s investment portfolio, making the stock its 18th biggest position. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Accenture were worth $989,514,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Accenture during the first quarter worth $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 in the 1st quarter worth about $42,000. Cheviot Value Management LLC bought a new stake in Accenture during the 1st quarter valued at about $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new stake in Accenture in the 1st quarter valued at about $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, insider Manish Sharma sold 6,902 shares of the company’s 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 transaction, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 5,917 shares of Accenture stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total value of $1,459,250.54. Following the sale, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at approximately $2,120,685.38. This represents a 40.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,319 shares of company stock valued at $8,335,225 over the last ninety days. 0.02% of the stock is currently owned by insiders.

Accenture Trading Up 1.9%

Shares of NYSE:ACN opened at $245.87 on Friday. The business’s 50-day moving average is $245.69 and its 200 day moving average is $274.79. 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 PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The firm has a market capitalization 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.

Accenture (NYSE:ACN) last issued its quarterly earnings results 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%.The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s payout ratio is presently 53.66%.

Analyst Upgrades and Downgrades

ACN has been the topic of a number of research reports. Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research report on Monday, July 28th. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. HSBC dropped their price target on Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a report on Friday, September 26th. 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.