Community Bank & Trust Waco Texas Raises Position in Accenture PLC $ACN

Community Bank & Trust Waco Texas raised its holdings in shares of Accenture PLC (NYSE:ACN) by 11.4% in the second quarter, Holdings Channel reports. The institutional investor owned 2,426 shares of the information technology services provider’s stock after acquiring an additional 248 shares during the period. Community Bank & Trust Waco Texas’ holdings in Accenture were worth $725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACN. Childress Capital Advisors LLC lifted its holdings in shares of Accenture by 41.1% in the 2nd quarter. Childress Capital Advisors LLC now owns 1,761 shares of the information technology services provider’s stock worth $526,000 after acquiring an additional 513 shares during the last quarter. PFG Investments LLC lifted its stake in Accenture by 14.3% during the 2nd quarter. PFG Investments LLC now owns 3,040 shares of the information technology services provider’s stock valued at $909,000 after acquiring an additional 381 shares during the period. LBP AM SA lifted its stake in shares of Accenture by 34.9% in the 2nd quarter. LBP AM SA now owns 293,125 shares of the information technology services provider’s stock valued at $87,612,000 after purchasing an additional 75,898 shares during the period. Liberty Capital Management Inc. increased its holdings in Accenture by 23.3% in the 2nd quarter. Liberty Capital Management Inc. now owns 4,961 shares of the information technology services provider’s stock worth $1,483,000 after acquiring an additional 938 shares in the last quarter. Finally, Alley Investment Management Company LLC grew its holdings in shares of Accenture by 0.4% during the second quarter. Alley Investment Management Company LLC now owns 56,944 shares of the information technology services provider’s stock worth $17,020,000 after buying an additional 238 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction, the chief executive officer owned 8,109 shares in the company, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,954 shares of company stock valued at $834,280. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.1%

Shares of Accenture stock opened at $246.72 on Wednesday. The business has a 50-day moving average of $251.91 and a two-hundred day moving average of $285.04. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The company has a market capitalization of $154.53 billion, a P/E ratio of 20.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

Accenture (NYSE:ACN) last released its quarterly earnings data 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. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently announced 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 2.6%. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is presently 48.72%.

Analysts Set New Price Targets

ACN has been the topic of a number of recent research reports. UBS Group cut their target price on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Royal Bank Of Canada decreased their target price on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research report on Friday, June 20th. 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 stock. Based on data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

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.