Genesis Private Wealth LLC Acquires 122 Shares of Accenture PLC $ACN

Genesis Private Wealth LLC increased its holdings in shares of Accenture PLC (NYSE:ACN) by 17.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 834 shares of the information technology services provider’s stock after buying an additional 122 shares during the quarter. Genesis Private Wealth LLC’s holdings in Accenture were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Viawealth LLC raised its position in Accenture by 2.6% in the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares during the last quarter. Aprio Wealth Management LLC raised its position in Accenture by 2.1% in the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC raised its position in Accenture by 0.4% in the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after purchasing an additional 34 shares during the last quarter. TCTC Holdings LLC raised its position in Accenture by 14.5% in the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Spectrum Asset Management Inc. NB CA raised its position in Accenture by 0.3% in the first quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock valued at $3,675,000 after purchasing an additional 35 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ACN has been the subject of several research reports. Robert W. Baird dropped their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday. Hsbc Global Res raised Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Rothschild & Co Redburn increased their price target on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. BMO Capital Markets decreased their price target on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Accenture currently has an average rating of “Moderate Buy” and an average price target of $301.91.

Accenture Trading Up 3.0%

NYSE ACN opened at $239.43 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business has a 50 day simple moving average of $253.43 and a 200 day simple moving average of $285.81. The stock has a market capitalization of $149.96 billion, a P/E ratio of 19.71, a P/E/G ratio of 2.04 and a beta of 1.30.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 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 analysts’ expectations of $17.34 billion. During the same quarter last year, the firm posted $2.66 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid 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 payout ratio is 48.72%.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Angela Beatty sold 203 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the sale, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. This trade represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,954 shares of company stock valued at $834,280. Company insiders own 0.02% of the company’s stock.

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.