Robeco Institutional Asset Management B.V. boosted its holdings in Accenture PLC (NYSE:ACN – Free Report) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 712,056 shares of the information technology services provider’s stock after acquiring an additional 55,244 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.11% of Accenture worth $212,826,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Redwood Investments LLC raised its position in Accenture by 6.2% in the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after acquiring an additional 1,287 shares in the last quarter. Lipe & Dalton raised its position in Accenture by 2,087.4% in the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock worth $1,570,000 after acquiring an additional 4,801 shares in the last quarter. Intech Investment Management LLC raised its position in Accenture by 40.5% in the first quarter. Intech Investment Management LLC now owns 98,633 shares of the information technology services provider’s stock worth $30,777,000 after acquiring an additional 28,446 shares in the last quarter. Park National Corp OH raised its holdings in Accenture by 4.3% during the 2nd quarter. Park National Corp OH now owns 129,667 shares of the information technology services provider’s stock worth $38,756,000 after buying an additional 5,388 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its holdings in Accenture by 1.5% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 234,066 shares of the information technology services provider’s stock worth $69,960,000 after buying an additional 3,500 shares during the period. 75.14% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on ACN shares. Barclays cut their price objective on Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a report on Monday, June 23rd. Wolfe Research cut their price objective on Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Rothschild & Co Redburn boosted their price objective on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Morgan Stanley cut their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. lowered their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $300.22.
Accenture Trading Down 1.3%
NYSE:ACN opened at $243.50 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The stock’s 50-day moving average is $251.06 and its two-hundred day moving average is $284.75. The stock has a market cap of $152.51 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.28.
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings results 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 business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is presently 48.72%.
Insider Activity at Accenture
In related news, insider Angela Beatty sold 203 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the sale, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is owned by corporate insiders.
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.
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