Pinnacle Wealth Management Advisory Group LLC Purchases 437 Shares of Accenture PLC $ACN

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,827 shares of the information technology services provider’s stock after acquiring an additional 437 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Accenture were worth $1,443,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its position in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares during the period. Allworth Financial LP raised its stake in shares of Accenture by 32.6% during the first quarter. Allworth Financial LP now owns 18,209 shares of the information technology services provider’s stock valued at $5,306,000 after acquiring an additional 4,476 shares during the last quarter. Genus Capital Management Inc. acquired a new position in shares of Accenture during the first quarter worth $1,030,000. Park Square Financial Group LLC grew its stake in shares of Accenture by 184.1% in the first quarter. Park Square Financial Group LLC now owns 250 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 162 shares during the last quarter. Finally, Berbice Capital Management LLC increased its holdings in Accenture by 100.0% in the first quarter. Berbice Capital Management LLC now owns 200 shares of the information technology services provider’s stock valued at $62,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on ACN shares. Evercore ISI set a $280.00 target price on Accenture in a report on Thursday, September 25th. Mizuho cut their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Cowen reissued a “buy” rating on shares of Accenture in a research report on Friday, September 26th. Susquehanna lowered their price target 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. Finally, BNP Paribas Exane reduced their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Accenture Stock Up 1.9%

Shares of NYSE ACN opened at $245.87 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $161.90 billion, a PE ratio of 20.24, a P/E/G ratio of 2.16 and a beta of 1.28. The company’s fifty day simple moving average is $245.69 and its 200 day simple moving average is $274.72. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.

Accenture (NYSE:ACN) last posted 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 firm had revenue of $17.60 billion during 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 business’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is 53.66%.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction on 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 sale, the chief executive officer owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This trade represents a 27.68% decrease in their position. The transaction 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 business’s stock in a transaction 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 of the company’s stock, valued at $346,763.30. This trade represents a 64.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,319 shares of company stock worth $8,335,225 in the last ninety days. 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.