Vise Technologies Inc. Takes Position in Accenture PLC $ACN

Vise Technologies Inc. acquired a new position in Accenture PLC (NYSE:ACN) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 27,152 shares of the information technology services provider’s stock, valued at approximately $8,116,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Truist Financial Corp lifted its position in Accenture by 7.0% in the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after buying an additional 28,685 shares in the last quarter. Redwood Investments LLC increased its stake in shares of Accenture by 6.2% in the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after acquiring an additional 1,287 shares during the last quarter. Lipe & Dalton raised its holdings in shares of Accenture by 2,087.4% during the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock worth $1,570,000 after acquiring an additional 4,801 shares in the last quarter. PDS Planning Inc boosted its position in Accenture by 34.7% during the second quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after purchasing an additional 1,044 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Accenture by 6.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock worth $21,187,000 after purchasing an additional 4,281 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the completion of the transaction, the chief executive officer directly owned 8,599 shares in the company, valued at approximately $2,120,685.38. This trade represents a 40.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,319 shares of company stock valued at $8,335,225 in the last 90 days. 0.02% of the stock is currently owned by insiders.

Accenture Price Performance

NYSE:ACN opened at $245.87 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $161.90 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company’s 50-day moving average price is $245.69 and its two-hundred day moving average price is $274.62.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.66 earnings per share. 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 declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio is currently 53.66%.

Analyst Upgrades and Downgrades

Several research firms have commented on ACN. Rothschild Redb downgraded shares of Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Wolfe Research boosted their target price on Accenture from $285.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Cowen reiterated a “buy” rating on shares of Accenture in a report on Friday, September 26th. JPMorgan Chase & Co. decreased their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, September 26th. Finally, HSBC reduced their price objective on Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $294.25.

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.