Lakeshore Capital Group Inc. Has $863,000 Holdings in Accenture PLC $ACN

Lakeshore Capital Group Inc. lifted its position in shares of Accenture PLC (NYSE:ACN) by 16.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,886 shares of the information technology services provider’s stock after buying an additional 417 shares during the quarter. Lakeshore Capital Group Inc.’s holdings in Accenture were worth $863,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ACN. Vanguard Group Inc. grew its holdings in Accenture by 5.7% in 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 period. Price T Rowe Associates Inc. MD grew its holdings in Accenture by 63.9% in the first 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 period. Goldman Sachs Group Inc. grew its holdings in Accenture by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after purchasing an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Accenture by 2.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after purchasing an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Accenture by 3.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock worth $1,600,470,000 after purchasing an additional 164,573 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Guggenheim reduced their price target on shares of Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. Royal Bank Of Canada reduced their price target on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Rothschild & Co Redburn raised their price objective on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Finally, Stifel Nicolaus dropped their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. One research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Stock Up 1.3%

ACN opened at $251.42 on Wednesday. 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’s 50-day moving average is $248.44 and its 200 day moving average is $282.62. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market capitalization of $157.47 billion, a P/E ratio of 20.69, a PEG ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the firm earned $2.66 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. 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 fiscal year.

Accenture Increases Dividend

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

Insiders Place Their Bets

In other Accenture news, insider Angela Beatty sold 203 shares of Accenture stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value 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. The trade was a 3.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the sale, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $2,290,387.05. This represents a 21.73% 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. Company insiders own 0.02% of the company’s stock.

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.