Nwam LLC Cuts Stake in Accenture PLC $ACN

Nwam LLC trimmed its stake in Accenture PLC (NYSE:ACN) by 32.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,176 shares of the information technology services provider’s stock after selling 563 shares during the quarter. Nwam LLC’s holdings in Accenture were worth $322,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Laffer Tengler Investments Inc. purchased a new position in shares of Accenture in the 2nd quarter worth $3,603,000. Vise Technologies Inc. purchased a new stake in shares of Accenture during the 2nd quarter worth about $8,116,000. Generation Investment Management LLP raised its holdings in Accenture by 24.7% in the second quarter. Generation Investment Management LLP now owns 1,639,730 shares of the information technology services provider’s stock valued at $490,099,000 after buying an additional 324,788 shares during the period. Alpha Cubed Investments LLC lifted its position in Accenture by 6.4% during the second quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after buying an additional 45 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Accenture by 16.1% in the second quarter. Allworth Financial LP now owns 21,142 shares of the information technology services provider’s stock worth $6,319,000 after acquiring an additional 2,933 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Up 1.5%

Shares of NYSE ACN opened at $246.27 on Thursday. 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 stock’s 50 day moving average price is $244.95 and its two-hundred day moving average price is $273.74. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a market capitalization of $162.16 billion, a P/E ratio of 20.27, a PEG ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last posted 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 business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same period in the prior year, the company posted $2.66 EPS. The business’s 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, analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is 53.66%.

Wall Street Analysts Forecast Growth

ACN has been the subject of several recent research reports. HSBC lowered their price target on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. UBS Group lowered their target price on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. The Goldman Sachs Group reduced their price target on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Stifel Nicolaus dropped their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. Finally, Robert W. Baird decreased their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $294.25.

Insider Activity

In other news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the transaction, the chief executive officer owned 23,516 shares of the company’s stock, valued at $5,868,888.12. This represents a 27.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is currently owned by insiders.

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.