PFG Advisors Buys 5,276 Shares of Accenture PLC $ACN

PFG Advisors lifted its stake in Accenture PLC (NYSE:ACN) by 25.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,281 shares of the information technology services provider’s stock after purchasing an additional 5,276 shares during the quarter. PFG Advisors’ holdings in Accenture were worth $7,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Viawealth LLC lifted its stake in shares of Accenture by 2.6% in the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after buying an additional 33 shares in the last quarter. Aprio Wealth Management LLC lifted its position in Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares in the last quarter. First National Advisers LLC increased its holdings in shares of 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 lifted its holdings in shares of Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after purchasing an additional 34 shares in the last quarter. Finally, Texas Bank & Trust Co boosted its position in shares of Accenture by 0.4% during the first quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after buying an additional 35 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ACN shares. Robert W. Baird dropped their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Wells Fargo & Company assumed coverage on shares of Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 target price for the company. BNP Paribas Exane cut their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Susquehanna lowered their target price on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, September 18th. Finally, Stifel Nicolaus reduced their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One 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 MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.25.

Accenture Stock Up 1.9%

ACN stock opened at $245.87 on Friday. The business’s 50-day moving average price is $245.69 and its 200-day moving average price is $274.72. The stock has a market cap of $161.90 billion, a P/E ratio of 20.24, a PEG ratio of 2.16 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a twelve month low of $229.40 and a twelve month 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 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous 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 research analysts forecast 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. Shareholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is a boost 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%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is 53.66%.

Insider Transactions at Accenture

In other news, CEO Ryoji Sekido sold 2,500 shares of Accenture 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 sale, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,319 shares of company stock valued at $8,335,225 over the last 90 days. Company 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.