Accenture PLC $ACN Shares Sold by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC decreased its stake in shares of Accenture PLC (NYSE:ACN) by 10.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,083 shares of the information technology services provider’s stock after selling 251 shares during the quarter. Syntegra Private Wealth Group LLC’s holdings in Accenture were worth $623,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Viawealth LLC raised 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 during the last quarter. Aprio Wealth Management LLC raised its stake in shares of Accenture by 2.1% in the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC lifted its holdings in shares of Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after purchasing an additional 34 shares during the period. TCTC Holdings LLC raised its holdings in shares of Accenture by 14.5% during the first 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 during the last quarter. Finally, Texas Bank & Trust Co lifted its position in Accenture by 0.4% during the first quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after purchasing an additional 35 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Stock Performance

ACN opened at $242.31 on Tuesday. The company has a market cap of $159.55 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 2.08 and a beta of 1.28. The firm’s fifty day simple moving average is $246.85 and its two-hundred day simple moving average is $278.44. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. 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 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 firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the company posted $2.66 EPS. Accenture’s quarterly revenue 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 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. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Analysts Set New Price Targets

A number of research firms have weighed in on ACN. BMO Capital Markets reduced their price objective on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Guggenheim reduced their price target on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, September 26th. TD Cowen lowered their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Royal Bank Of Canada cut their target price 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. Finally, BNP Paribas Exane dropped their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus 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.