Fiduciary Family Office LLC lifted its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 12.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,229 shares of the information technology services provider’s stock after acquiring an additional 578 shares during the period. Fiduciary Family Office LLC’s holdings in Accenture were worth $1,563,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of the stock. DecisionMap Wealth Management LLC raised its holdings in shares of Accenture by 6.9% during the 2nd quarter. DecisionMap Wealth Management LLC now owns 2,324 shares of the information technology services provider’s stock worth $695,000 after acquiring an additional 150 shares during the period. Lafayette Investments Inc. raised its holdings in shares of Accenture by 2.0% during the 2nd quarter. Lafayette Investments Inc. now owns 14,450 shares of the information technology services provider’s stock worth $4,319,000 after acquiring an additional 283 shares during the period. Divergent Planning LLC purchased a new position in shares of Accenture during the 2nd quarter worth $294,000. Triton Financial Group Inc purchased a new position in shares of Accenture during the 2nd quarter worth $1,075,000. Finally, Klingman & Associates LLC raised its holdings in shares of Accenture by 12.4% during the 2nd quarter. Klingman & Associates LLC now owns 2,506 shares of the information technology services provider’s stock worth $749,000 after acquiring an additional 277 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently issued reports on ACN. HSBC reduced their price objective on shares of Accenture from $240.00 to $215.00 in a report on Friday, September 26th. UBS Group reduced their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.
Accenture Stock Performance
NYSE ACN opened at $242.31 on Tuesday. The company has a market cap of $159.55 billion, a P/E ratio of 19.94, a P/E/G 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 1.42. The stock has a 50-day moving average of $246.85 and a two-hundred day moving average of $278.44. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35.
Accenture (NYSE:ACN – Get Free Report) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.
Accenture Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a dividend of $1.63 per share. 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%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is presently 53.66%.
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.
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