Greenup Street Wealth Management LLC Sells 61 Shares of Accenture PLC $ACN

Greenup Street Wealth Management LLC decreased its stake in shares of Accenture PLC (NYSE:ACN) by 7.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 798 shares of the information technology services provider’s stock after selling 61 shares during the period. Greenup Street Wealth Management LLC’s holdings in Accenture were worth $238,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Viawealth LLC grew its position in Accenture by 2.6% in the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in shares of Accenture by 2.1% during the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after buying an additional 33 shares during the last quarter. First National Advisers LLC raised 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 purchasing an additional 34 shares in the last quarter. TCTC Holdings LLC raised its stake in Accenture by 14.5% in 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 Accenture by 0.4% in 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. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ACN shares. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. The Goldman Sachs Group dropped their price target on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Stifel Nicolaus dropped their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Morgan Stanley dropped their target price on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. Finally, Royal Bank Of Canada lowered their price objective on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $300.22.

Accenture Trading Up 1.6%

Shares of ACN opened at $242.31 on Tuesday. The firm’s 50 day simple moving average is $246.85 and its 200 day simple moving average is $278.44. The company has a market capitalization 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. Accenture PLC has a 1-year low of $229.40 and a 1-year 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 EPS 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 business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period last year, the business earned $2.66 earnings per share. The business’s quarterly revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is presently 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.