Wealth Alliance LLC Buys 712 Shares of Accenture PLC $ACN

Wealth Alliance LLC raised its stake in shares of Accenture PLC (NYSE:ACN) by 14.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,487 shares of the information technology services provider’s stock after purchasing an additional 712 shares during the period. Wealth Alliance LLC’s holdings in Accenture were worth $1,640,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. M&G PLC raised its stake in Accenture by 39.5% during the 2nd quarter. M&G PLC now owns 951,892 shares of the information technology services provider’s stock valued at $284,616,000 after purchasing an additional 269,662 shares during the period. Forsta AP Fonden increased its holdings in Accenture by 9.8% in the 2nd quarter. Forsta AP Fonden now owns 175,429 shares of the information technology services provider’s stock valued at $52,434,000 after acquiring an additional 15,700 shares during the last quarter. KBC Group NV boosted its holdings in shares of Accenture by 55.2% during the 2nd quarter. KBC Group NV now owns 347,904 shares of the information technology services provider’s stock valued at $103,985,000 after purchasing an additional 123,791 shares during the last quarter. Jupiter Asset Management Ltd. increased its holdings in shares of Accenture by 16.5% in the second quarter. Jupiter Asset Management Ltd. now owns 217,772 shares of the information technology services provider’s stock worth $65,090,000 after purchasing an additional 30,802 shares during the last quarter. Finally, Nan Fung Trinity HK Ltd. purchased a new stake in shares of Accenture in the second quarter worth about $17,097,000. Institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In related news, insider Manish Sharma sold 6,902 shares of the firm’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 sale, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. This trade represents a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 5,917 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the completion of the transaction, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at $2,120,685.38. The trade was a 40.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of research reports. HSBC lowered their target price on Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. Robert W. Baird decreased their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Wells Fargo & Company initiated coverage on Accenture in a research report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price target for the company. TD Cowen decreased their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Finally, Citigroup raised Accenture to a “hold” rating in a research report on Thursday, October 23rd. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $294.25.

Accenture Stock Performance

ACN stock opened at $242.57 on Wednesday. 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 firm has a market cap of $159.72 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.16 and a beta of 1.28. The firm has a 50-day simple moving average of $245.10 and a two-hundred day simple moving average of $273.93. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS 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 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 was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm 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 dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend 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 dividend payout ratio is 53.66%.

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.