Oregon Public Employees Retirement Fund Increases Stock Holdings in Accenture PLC $ACN

Oregon Public Employees Retirement Fund boosted its stake in Accenture PLC (NYSE:ACN) by 0.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,000 shares of the information technology services provider’s stock after buying an additional 300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Accenture were worth $16,140,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ACN. Concord Asset Management LLC VA purchased a new stake in shares of Accenture in the second quarter valued at about $205,000. Wealth Architects LLC boosted its holdings in Accenture by 72.2% during the second quarter. Wealth Architects LLC now owns 2,591 shares of the information technology services provider’s stock worth $775,000 after purchasing an additional 1,086 shares during the last quarter. Astoria Portfolio Advisors LLC. increased its stake in Accenture by 1.2% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 3,994 shares of the information technology services provider’s stock valued at $1,125,000 after buying an additional 46 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Accenture by 2.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,743 shares of the information technology services provider’s stock worth $15,166,000 after buying an additional 1,049 shares in the last quarter. Finally, Vest Financial LLC boosted its stake in shares of Accenture by 6.5% in the 2nd quarter. Vest Financial LLC now owns 127,713 shares of the information technology services provider’s stock worth $38,172,000 after buying an additional 7,797 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Price Performance

Accenture stock opened at $241.11 on Monday. The firm has a market capitalization of $151.01 billion, a P/E ratio of 19.84, a PEG ratio of 2.10 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one 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 business has a fifty day moving average price of $247.45 and a 200-day moving average price of $281.18.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping 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 business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter in the prior year, the firm posted $2.66 EPS. The firm’s quarterly 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. As a group, equities research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid 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 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 53.66%.

Analyst Ratings Changes

A number of brokerages recently commented on ACN. BNP Paribas Exane dropped their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a report on Wednesday, September 24th. Rothschild & Co Redburn lifted their target price on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Evercore ISI set a $280.00 price target on shares of Accenture in a report on Thursday, September 25th. Susquehanna decreased their price objective 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, Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

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.