Prospera Financial Services Inc Has $10.91 Million Stock Position in Accenture PLC $ACN

Prospera Financial Services Inc increased its holdings in shares of Accenture PLC (NYSE:ACN) by 7.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,508 shares of the information technology services provider’s stock after purchasing an additional 2,644 shares during the period. Prospera Financial Services Inc’s holdings in Accenture were worth $10,914,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ACN. AE Wealth Management LLC grew its stake in shares of Accenture by 69.7% during the 2nd quarter. AE Wealth Management LLC now owns 7,097 shares of the information technology services provider’s stock worth $2,121,000 after acquiring an additional 2,914 shares in the last quarter. Paradigm Asset Management Co. LLC acquired a new stake in Accenture in the 2nd quarter valued at $299,000. Penserra Capital Management LLC grew its holdings in shares of Accenture by 30.1% in the 2nd quarter. Penserra Capital Management LLC now owns 68,104 shares of the information technology services provider’s stock valued at $20,354,000 after acquiring an additional 15,744 shares in the last quarter. Wedbush Securities Inc. increased its position in shares of Accenture by 5.1% in the second quarter. Wedbush Securities Inc. now owns 6,690 shares of the information technology services provider’s stock valued at $2,000,000 after acquiring an additional 323 shares during the last quarter. Finally, Harvest Portfolios Group Inc. boosted its position in Accenture by 21.1% during the second quarter. Harvest Portfolios Group Inc. now owns 141,876 shares of the information technology services provider’s stock valued at $42,405,000 after purchasing an additional 24,677 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ACN. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Mizuho lowered their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Wells Fargo & Company initiated coverage on Accenture in a report on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price target for the company. HSBC dropped their price objective on Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Finally, JPMorgan Chase & Co. reduced their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. One equities research 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $294.25.

Accenture Stock Up 1.9%

ACN opened at $245.87 on Friday. The stock has a fifty day moving average of $245.69 and a 200-day moving average of $274.79. The company has a market capitalization of $161.90 billion, a P/E ratio of 20.24, a P/E/G ratio of 2.16 and a beta of 1.28. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities 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. Stockholders of record on Friday, October 10th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is presently 53.66%.

Insider Buying and Selling

In other Accenture news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction on 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 sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 sale, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 33,319 shares of company stock worth $8,335,225. Corporate 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.