Accenture PLC $ACN Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC cut its stake in shares of Accenture PLC (NYSE:ACN) by 14.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,793 shares of the information technology services provider’s stock after selling 296 shares during the quarter. Strategic Blueprint LLC’s holdings in Accenture were worth $536,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC purchased a new position in Accenture in the 2nd quarter valued at approximately $33,000. WPG Advisers LLC purchased a new position in Accenture in the 1st quarter valued at approximately $42,000. Cheviot Value Management LLC purchased a new position in Accenture in the 1st quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new position in Accenture in the 1st quarter valued at approximately $45,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Price Performance

Shares of Accenture stock opened at $247.93 on Friday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The stock has a market capitalization of $163.25 billion, a P/E ratio of 20.41, a PEG ratio of 2.16 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The business’s fifty day moving average price is $247.27 and its 200 day moving average price is $277.55.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share 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 analysts’ expectations of $17.34 billion. During the same quarter last year, the firm earned $2.66 earnings per share. The firm’s revenue for the quarter 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. As a group, research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a dividend of $1.63 per share. 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. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture’s dividend payout ratio is presently 53.66%.

Insider Transactions at Accenture

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,402 shares of company stock valued at $4,595,374. 0.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ACN has been the subject of several recent research reports. Guggenheim dropped their price target on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Morgan Stanley dropped their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Robert W. Baird dropped their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. Finally, TD Cowen dropped their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.48.

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.