Boston Common Asset Management LLC Has $9.33 Million Stock Position in Accenture PLC $ACN

Boston Common Asset Management LLC decreased its position in Accenture PLC (NYSE:ACNFree Report) by 7.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,225 shares of the information technology services provider’s stock after selling 2,520 shares during the period. Boston Common Asset Management LLC’s holdings in Accenture were worth $9,333,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after buying an additional 3,419,577 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after buying an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Accenture by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after buying an additional 228,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Accenture by 2.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after buying an additional 126,548 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Accenture by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock worth $1,600,470,000 after buying an additional 164,573 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Up 0.4%

Shares of ACN opened at $245.39 on Friday. The firm has a market capitalization of $153.69 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The business’s fifty day moving average price is $249.57 and its two-hundred day moving average price is $283.36. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the company earned $2.66 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently declared 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. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is 48.72%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group dropped their target price on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, September 24th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. Royal Bank Of Canada dropped their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. TD Cowen dropped their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Mizuho dropped their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Get Our Latest Stock Analysis on Accenture

Insider Transactions at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares in the company, valued at $644,582.22. This trade represents a 17.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock worth $834,280 in the last three months. Insiders own 0.02% of the company’s stock.

About Accenture

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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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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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