Accenture PLC $ACN Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC trimmed its position in Accenture PLC (NYSE:ACN) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,413 shares of the information technology services provider’s stock after selling 237 shares during the period. Venturi Wealth Management LLC’s holdings in Accenture were worth $1,917,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ACN. Price T Rowe Associates Inc. MD boosted its holdings in shares of Accenture by 63.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after purchasing an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. increased its position in Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after purchasing an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. increased its position in Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after purchasing an additional 1,395,135 shares during the last quarter. Invesco Ltd. increased its position in Accenture by 23.5% during the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after purchasing an additional 537,223 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in Accenture by 340.7% in the first quarter. Jacobs Levy Equity Management Inc. now owns 464,864 shares of the information technology services provider’s stock valued at $145,056,000 after acquiring an additional 359,389 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ACN has been the topic of a number of recent analyst reports. Evercore ISI set a $280.00 price objective on Accenture in a report on Thursday, September 25th. Morgan Stanley decreased their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. The Goldman Sachs Group decreased their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Finally, Wall Street Zen upgraded Accenture from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Stock Up 1.3%

Shares of NYSE ACN opened at $251.42 on Wednesday. The firm has a market cap of $157.47 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 2.16 and a beta of 1.28. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The business’s 50 day moving average is $248.44 and its two-hundred day moving average is $282.62.

Accenture (NYSE:ACN) last announced its earnings results 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the previous year, the company earned $2.66 earnings per share. The firm’s quarterly 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. Research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is currently 48.72%.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the sale, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction on 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 directly owned 2,283 shares in the company, valued at $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is currently owned by company insiders.

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.