Spirepoint Private Client LLC Boosts Stock Position in Accenture PLC $ACN

Spirepoint Private Client LLC grew its position in Accenture PLC (NYSE:ACN) by 608.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,909 shares of the information technology services provider’s stock after acquiring an additional 10,227 shares during the quarter. Spirepoint Private Client LLC’s holdings in Accenture were worth $3,559,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. ORG Wealth Partners LLC increased its holdings in shares of Accenture by 8.5% in the 2nd quarter. ORG Wealth Partners LLC now owns 1,474 shares of the information technology services provider’s stock valued at $446,000 after acquiring an additional 116 shares during the last quarter. Brown Lisle Cummings Inc. grew its stake in Accenture by 0.3% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 24,199 shares of the information technology services provider’s stock worth $7,233,000 after buying an additional 83 shares during the last quarter. First American Bank grew its stake in Accenture by 0.3% during the 2nd quarter. First American Bank now owns 59,860 shares of the information technology services provider’s stock worth $17,892,000 after buying an additional 170 shares during the last quarter. Howard Capital Management Group LLC grew its stake in Accenture by 2.0% during the 2nd quarter. Howard Capital Management Group LLC now owns 112,944 shares of the information technology services provider’s stock worth $33,758,000 after buying an additional 2,175 shares during the last quarter. Finally, NovaPoint Capital LLC grew its stake in Accenture by 5.1% during the 2nd quarter. NovaPoint Capital LLC now owns 14,524 shares of the information technology services provider’s stock worth $4,341,000 after buying an additional 709 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ACN has been the subject of several recent analyst reports. Morgan Stanley decreased their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. BNP Paribas Exane decreased their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday. Guggenheim decreased their price target on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research note on Friday. Finally, Wolfe Research cut their price objective on Accenture from $290.00 to $285.00 and set an “outperform” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Accenture currently has an average rating of “Moderate Buy” and an average target price of $301.91.

Accenture Trading Up 3.0%

Shares of NYSE ACN opened at $239.43 on Friday. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a market cap of $149.96 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 1.99 and a beta of 1.29. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The business has a fifty day simple moving average of $253.43 and a 200-day simple moving average of $286.28.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business 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 business posted $2.66 earnings per share. Accenture’s 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. Sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 47.13%.

Insider Activity

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares of the company’s stock, valued at $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is 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.