Wormser Freres Gestion Sells 163 Shares of Accenture PLC $ACN

Wormser Freres Gestion cut its holdings in Accenture PLC (NYSE:ACN) by 0.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,321 shares of the information technology services provider’s stock after selling 163 shares during the quarter. Accenture accounts for 5.2% of Wormser Freres Gestion’s investment portfolio, making the stock its 8th largest position. Wormser Freres Gestion’s holdings in Accenture were worth $8,761,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the first quarter worth approximately $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture during the first quarter worth $32,000. WPG Advisers LLC purchased a new position in shares of Accenture during the first quarter worth $42,000. Atwood & Palmer Inc. raised its holdings in Accenture by 407.4% in the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 110 shares in the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in shares of Accenture in the 1st quarter valued at $43,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares in the company, valued at $644,582.22. This trade represents a 17.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock valued at $834,280 in the last ninety days. 0.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Rothschild & Co Redburn increased their target price on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. Finally, Stifel Nicolaus decreased their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Price Performance

Shares of ACN opened at $245.39 on Monday. The company has a market capitalization of $153.69 billion, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a 50-day simple moving average of $249.57 and a 200-day simple moving average of $283.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42.

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, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is 48.72%.

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.