Accenture PLC $ACN Shares Acquired by NTV Asset Management LLC

NTV Asset Management LLC boosted its position in Accenture PLC (NYSE:ACN) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,756 shares of the information technology services provider’s stock after acquiring an additional 72 shares during the quarter. NTV Asset Management LLC’s holdings in Accenture were worth $525,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Viawealth LLC lifted its holdings in Accenture by 2.6% during the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after buying an additional 33 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC boosted its holdings 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 in the last quarter. TCTC Holdings LLC raised its holdings in Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA lifted its position in shares of Accenture by 0.3% during the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Accenture from a “hold” rating to a “buy” rating in a research note on Friday. BMO Capital Markets cut their target price on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research report on Friday, September 26th. Argus set a $370.00 target price on Accenture in a research report on Tuesday, June 24th. BNP Paribas Exane cut their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. Finally, Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Insider Activity 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 stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela Beatty sold 203 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider owned 5,249 shares in the company, valued at $1,482,002.66. The trade was a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 over the last 90 days. Company insiders own 0.02% of the company’s stock.

Accenture Stock Up 0.4%

Accenture stock opened at $245.39 on Friday. The stock has a market capitalization of $153.69 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average of $249.57 and a two-hundred day moving average of $283.36. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. The business 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 company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently declared 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. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is presently 48.72%.

About Accenture

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.