Accenture PLC $ACN Stake Raised by Aspiriant LLC

Aspiriant LLC increased its holdings in Accenture PLC (NYSE:ACN) by 7.8% in the 2nd quarter, Holdings Channel reports. The fund owned 3,166 shares of the information technology services provider’s stock after purchasing an additional 230 shares during the period. Aspiriant LLC’s holdings in Accenture were worth $946,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Viawealth LLC lifted its stake in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after acquiring an additional 33 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after acquiring an additional 33 shares in the last quarter. First National Advisers LLC lifted its stake in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after acquiring an additional 34 shares in the last quarter. TCTC Holdings LLC raised its stake in shares of Accenture by 14.5% during the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares in the last quarter. Finally, Texas Bank & Trust Co raised its stake in shares of Accenture by 0.4% during the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after purchasing an additional 35 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BNP Paribas Exane cut their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Wolfe Research cut their price target on Accenture from $290.00 to $285.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Finally, Robert W. Baird cut their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. One equities research 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 company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Stock Performance

Shares of NYSE ACN opened at $238.46 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The firm has a market cap of $157.02 billion, a price-to-earnings ratio of 19.63, a P/E/G ratio of 2.04 and a beta of 1.28. The business’s 50-day simple moving average is $246.78 and its 200-day simple moving average is $279.16. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal 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 is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s payout ratio is 53.66%.

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.