Accenture PLC $ACN Shares Acquired by Linscomb Wealth Inc.

Linscomb Wealth Inc. boosted its position in Accenture PLC (NYSE:ACN) by 1.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 36,378 shares of the information technology services provider’s stock after acquiring an additional 344 shares during the period. Linscomb Wealth Inc.’s holdings in Accenture were worth $10,873,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACN. Brighton Jones LLC grew its stake in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares during the period. Ameritas Advisory Services LLC grew its holdings in Accenture by 10.2% in the first quarter. Ameritas Advisory Services LLC now owns 2,838 shares of the information technology services provider’s stock valued at $963,000 after purchasing an additional 262 shares during the period. Clear Creek Financial Management LLC grew its holdings in Accenture by 41.0% in the first quarter. Clear Creek Financial Management LLC now owns 928 shares of the information technology services provider’s stock valued at $290,000 after purchasing an additional 270 shares during the period. Private Trust Co. NA grew its holdings in Accenture by 23.2% in the first quarter. Private Trust Co. NA now owns 5,239 shares of the information technology services provider’s stock valued at $1,635,000 after purchasing an additional 986 shares during the period. Finally, Hudson Edge Investment Partners Inc. grew its holdings in Accenture by 1.3% in the first quarter. Hudson Edge Investment Partners Inc. now owns 17,658 shares of the information technology services provider’s stock valued at $5,510,000 after purchasing an additional 224 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ACN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a report on Friday, September 26th. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. 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. Evercore ISI set a $280.00 price target on shares of Accenture in a research report on Thursday, September 25th. Finally, BNP Paribas Exane reduced 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, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Accenture Trading Up 0.6%

NYSE ACN opened at $249.16 on Friday. The company’s fifty day simple moving average is $247.03 and its 200-day simple moving average is $276.39. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $164.07 billion, a P/E ratio of 20.51, a PEG ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed 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 is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture’s dividend payout ratio is 53.66%.

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer owned 23,516 shares in the company, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the transaction, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 27,402 shares of company stock worth $6,875,974. Insiders own 0.02% of the company’s stock.

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.