Fulton Breakefield Broenniman LLC Sells 710 Shares of Accenture PLC $ACN

Fulton Breakefield Broenniman LLC trimmed its position in Accenture PLC (NYSE:ACN) by 8.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 7,384 shares of the information technology services provider’s stock after selling 710 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Accenture were worth $2,207,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA bought a new position in Accenture in the 1st quarter valued at $31,000. Inlight Wealth Management LLC bought a new position in Accenture in the 1st quarter valued at $32,000. RMG Wealth Management LLC bought a new position in Accenture in the 2nd quarter valued at $33,000. WPG Advisers LLC bought a new position in shares of Accenture in the 1st quarter worth $42,000. Finally, Cheviot Value Management LLC bought a new position in shares of Accenture in the 1st quarter worth $43,000. 75.14% of the stock is currently owned by institutional investors.

Accenture Stock Performance

ACN stock opened at $253.17 on Thursday. The business’s 50-day moving average price is $248.02 and its two-hundred day moving average price is $282.42. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The firm has a market cap of $158.57 billion, a PE ratio of 20.84, a P/E/G ratio of 2.19 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $17.34 billion. During the same quarter last year, the business posted $2.66 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 48.72%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ACN shares. Susquehanna reduced their price target on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research report on Thursday, September 18th. Barclays reduced their price target on Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a research report on Monday, June 23rd. Guggenheim reduced their price target on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Cowen restated a “buy” rating on shares of Accenture in a research report on Friday, September 26th. Finally, Wall Street Zen upgraded Accenture from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares of the company’s stock, 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 SEC, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the sale, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock valued at $834,280 in the last 90 days. 0.02% of the stock is currently owned by company 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.