Revolve Wealth Partners LLC Sells 195 Shares of Accenture PLC $ACN

Revolve Wealth Partners LLC lowered its stake in Accenture PLC (NYSE:ACN) by 21.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 719 shares of the information technology services provider’s stock after selling 195 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Accenture were worth $215,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ACN. Redwood Investments LLC raised its holdings in shares of Accenture by 6.2% in the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after purchasing an additional 1,287 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Accenture by 7.0% in the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after purchasing an additional 28,685 shares during the last quarter. Lipe & Dalton raised its holdings in shares of Accenture by 2,087.4% in the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after purchasing an additional 4,801 shares during the last quarter. PDS Planning Inc raised its holdings in shares of Accenture by 34.7% in the second quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after purchasing an additional 1,044 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Accenture by 6.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock valued at $21,187,000 after purchasing an additional 4,281 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Up 0.2%

ACN stock opened at $244.15 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 has a fifty day moving average price of $247.10 and a two-hundred day moving average price of $280.50. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The stock has a market cap of $152.92 billion, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 2.12 and a beta of 1.28.

Accenture (NYSE:ACN) last released 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. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the previous year, the business posted $2.66 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Robert W. Baird lowered their price objective on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. BMO Capital Markets lowered their price objective on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a report on Friday, September 26th. Evercore ISI set a $280.00 target price on shares of Accenture in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, September 26th. Finally, Barclays lowered their target price on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a report on Monday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.