Mutual Advisors LLC Buys 419 Shares of Accenture PLC $ACN

Mutual Advisors LLC lifted its stake in Accenture PLC (NYSE:ACN) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,882 shares of the information technology services provider’s stock after acquiring an additional 419 shares during the period. Mutual Advisors LLC’s holdings in Accenture were worth $1,949,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Viawealth LLC raised its holdings in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after acquiring an additional 33 shares during the last quarter. Aprio Wealth Management LLC raised its holdings in Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after acquiring an additional 33 shares during the last quarter. First National Advisers LLC raised its holdings in Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after acquiring an additional 34 shares during the last quarter. TCTC Holdings LLC raised its holdings in Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after acquiring an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co raised its holdings in Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after acquiring an additional 35 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of recent analyst reports. The Goldman Sachs Group decreased their price objective on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a report on Friday, September 26th. UBS Group decreased their target price on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. BNP Paribas Exane decreased their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Cowen reiterated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Finally, Royal Bank Of Canada decreased their target price on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating for the company 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, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Trading Down 2.5%

NYSE:ACN opened at $233.79 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a market capitalization of $146.43 billion, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 2.09 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business has a fifty day moving average price of $246.79 and a 200-day moving average price of $279.67.

Accenture (NYSE:ACN) last posted its quarterly earnings data 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. The firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior 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. Sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm 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. This represents a $6.52 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

About Accenture

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.