First Community Trust NA Sells 58 Shares of Accenture PLC $ACN

First Community Trust NA cut its stake in Accenture PLC (NYSE:ACN) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,335 shares of the information technology services provider’s stock after selling 58 shares during the period. Accenture accounts for about 1.5% of First Community Trust NA’s investment portfolio, making the stock its 13th biggest position. First Community Trust NA’s holdings in Accenture were worth $1,893,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new position in shares of Accenture in the fourth quarter worth about $30,000. Park Square Financial Group LLC bought a new position in shares of Accenture in the fourth quarter worth about $31,000. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Accenture in the first quarter worth about $31,000. Inlight Wealth Management LLC acquired a new stake in shares of Accenture during the 1st quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC acquired a new stake in shares of Accenture during the 4th quarter worth approximately $34,000. 75.14% of the stock is owned by institutional investors.

Accenture Stock Down 2.3%

Shares of NYSE ACN opened at $238.55 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. Accenture PLC has a 52-week low of $236.67 and a 52-week high of $398.35. The firm has a 50 day moving average price of $263.21 and a 200 day moving average price of $293.19. The stock has a market cap of $149.41 billion, a P/E ratio of 18.99, a P/E/G ratio of 2.10 and a beta of 1.29.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Friday, June 20th. The information technology services provider reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.32 by $0.17. Accenture had a net margin of 11.61% and a return on equity of 26.55%. The firm had revenue of $17.73 billion for the quarter, compared to analyst estimates of $17.26 billion. During the same quarter in the previous year, the firm posted $3.13 earnings per share. The business’s revenue was up 7.7% on a year-over-year basis. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. Analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ACN. Evercore ISI began coverage on shares of Accenture in a research report on Thursday, July 17th. They set an “outperform” rating and a $330.00 price target for the company. BMO Capital Markets lowered their price target on shares of Accenture from $355.00 to $325.00 and set a “market perform” rating for the company in a research report on Monday, June 23rd. Mizuho set a $348.00 price target on shares of Accenture and gave the stock an “outperform” rating in a research report on Tuesday, June 24th. Barclays lowered their price target on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research report on Monday, June 23rd. Finally, Guggenheim lowered their price target on shares of Accenture from $360.00 to $335.00 and set a “buy” rating for the company in a research report on Monday, June 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average target price of $346.92.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the transaction, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is currently owned by corporate insiders.

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.