Mutual of America Capital Management LLC Trims Stake in Accenture PLC $ACN

Mutual of America Capital Management LLC decreased its stake in shares of Accenture PLC (NYSE:ACN) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,783 shares of the information technology services provider’s stock after selling 944 shares during the period. Mutual of America Capital Management LLC’s holdings in Accenture were worth $21,455,000 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. Brighton Jones LLC boosted its stake in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in Accenture by 62.2% during the first quarter. Exchange Traded Concepts LLC now owns 905 shares of the information technology services provider’s stock worth $282,000 after acquiring an additional 347 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in Accenture by 13.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 2,095 shares of the information technology services provider’s stock valued at $654,000 after acquiring an additional 248 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Accenture during the 1st quarter worth $206,000. Finally, Riverbridge Partners LLC boosted its holdings in shares of Accenture by 2.8% during the first quarter. Riverbridge Partners LLC now owns 4,108 shares of the information technology services provider’s stock worth $1,282,000 after purchasing an additional 113 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Trading Up 1.9%

NYSE ACN opened at $238.46 on Friday. The company has a market capitalization of $157.02 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company’s fifty day moving average price is $246.78 and its two-hundred day moving average price is $278.90.

Accenture (NYSE:ACN) last issued 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. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business 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, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. 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 Upgrades and Downgrades

A number of equities research analysts recently issued reports on ACN shares. Robert W. Baird lowered their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Morgan Stanley lowered their target price on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. BNP Paribas Exane reduced their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $300.22.

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.