Accenture PLC $ACN Shares Sold by Nvwm LLC

Nvwm LLC lessened its holdings in shares of Accenture PLC (NYSE:ACNFree Report) by 20.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,785 shares of the information technology services provider’s stock after selling 1,193 shares during the period. Nvwm LLC’s holdings in Accenture were worth $1,430,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after purchasing an additional 3,419,577 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Accenture by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock valued at $2,111,378,000 after acquiring an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Accenture by 2.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after acquiring an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Accenture by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock valued at $1,600,470,000 after purchasing an additional 164,573 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 2.5%

ACN stock opened at $241.65 on Friday. The company has a 50 day moving average price of $245.97 and a two-hundred day moving average price of $275.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market capitalization of $159.12 billion, a P/E ratio of 19.89, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACNGet Free Report) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently announced 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. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s payout ratio is 53.66%.

Insiders Place Their Bets

In other news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the transaction, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the completion of the transaction, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. The trade was a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,319 shares of company stock worth $8,335,225 over the last three months. 0.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Stifel Nicolaus dropped their price target on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft dropped 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 reduced their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, September 18th. Wolfe Research raised their price objective on shares of Accenture from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Morgan Stanley cut their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Read Our Latest Research Report on Accenture

Accenture Profile

(Free Report)

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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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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