Whittier Trust Co. of Nevada Inc. Reduces Stock Position in Accenture PLC $ACN

Whittier Trust Co. of Nevada Inc. reduced its holdings in Accenture PLC (NYSE:ACN) by 2.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,000 shares of the information technology services provider’s stock after selling 453 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Accenture were worth $4,483,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Accenture in the 1st quarter worth $31,000. RMG Wealth Management LLC purchased a new position in shares of Accenture in the 2nd quarter worth $33,000. WPG Advisers LLC purchased a new position in shares of Accenture in the 1st quarter worth $42,000. Cheviot Value Management LLC purchased a new position in shares of Accenture in the 1st quarter worth $43,000. Finally, Fiduciary Wealth Partners LLC bought a new stake in shares of Accenture in the 1st quarter worth about $45,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Trading Up 3.5%

Shares of ACN opened at $250.70 on Wednesday. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a 50-day moving average of $247.11 and a 200 day moving average of $278.25. The firm has a market capitalization of $165.08 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 2.11 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 (NYSE:ACN) last announced its quarterly earnings data 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 company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the business posted $2.66 EPS. The firm’s revenue for the quarter 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. On average, research analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm 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. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is presently 53.66%.

Analyst Ratings Changes

ACN has been the subject of several analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. Stifel Nicolaus lowered their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. 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. Cowen restated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Finally, BMO Capital Markets lowered their target price on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average target price of $298.17.

Accenture Company 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.