Wilmington Savings Fund Society FSB Sells 1,325 Shares of Accenture PLC $ACN

Wilmington Savings Fund Society FSB cut its stake in Accenture PLC (NYSE:ACN) by 3.3% in the second quarter, HoldingsChannel.com reports. The fund owned 39,302 shares of the information technology services provider’s stock after selling 1,325 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Accenture were worth $11,747,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after acquiring an additional 3,419,577 shares during the period. Price T Rowe Associates Inc. MD grew its position in Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares during the period. Goldman Sachs Group Inc. grew its position in Accenture by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock valued at $2,111,378,000 after buying an additional 228,939 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Accenture by 2.1% during the first 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 valued at $1,923,225,000 after buying an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Accenture by 3.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock valued at $1,600,470,000 after buying an additional 164,573 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Accenture Price Performance

ACN stock opened at $243.50 on Tuesday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company’s fifty day moving average price is $247.15 and its 200-day moving average price is $280.75. 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 company has a market capitalization of $152.51 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The company’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, equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. 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 payout ratio is presently 53.66%.

Wall Street Analysts Forecast Growth

ACN has been the subject of several recent research reports. Rothschild Redb lowered shares of Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Mizuho cut their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a report on Friday, June 20th. JPMorgan Chase & Co. lowered their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. Finally, Stifel Nicolaus lowered their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture 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.