Accenture PLC $ACN Shares Sold by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A decreased its stake in shares of Accenture PLC (NYSE:ACN) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,607 shares of the information technology services provider’s stock after selling 77 shares during the period. Accenture accounts for 2.4% of OLD Point Trust & Financial Services N A’s portfolio, making the stock its 14th largest position. OLD Point Trust & Financial Services N A’s holdings in Accenture were worth $6,757,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Accenture by 5.7% during 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 buying an additional 3,419,577 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Accenture by 63.9% in 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 purchasing an additional 3,490,569 shares during the period. Goldman Sachs Group Inc. raised its holdings in Accenture by 3.5% in 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 acquiring an additional 228,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Accenture by 2.1% in 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 acquiring an additional 126,548 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Accenture by 3.3% in 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 acquiring an additional 164,573 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares in the company, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,954 shares of company stock worth $834,280. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of ACN opened at $246.72 on Wednesday. The firm has a 50-day moving average price of $251.91 and a 200 day moving average price of $285.04. The firm has a market capitalization of $154.53 billion, a PE ratio of 20.31, a P/E/G ratio of 2.15 and a beta of 1.29. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last announced 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 firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed 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. 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 dividend yield of 2.6%. Accenture’s payout ratio is 48.72%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ACN shares. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Evercore ISI set a $280.00 target price on shares of Accenture in a report on Thursday, September 25th. TD Cowen dropped their target price on shares of Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Argus set a $370.00 target price on shares of Accenture in a report on Tuesday, June 24th. Finally, Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $300.22.

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.