Janney Montgomery Scott LLC Sells 7,874 Shares of Accenture PLC $ACN

Janney Montgomery Scott LLC trimmed its position in Accenture PLC (NYSE:ACN) by 8.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,567 shares of the information technology services provider’s stock after selling 7,874 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Accenture were worth $27,070,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Smith Chas P & Associates PA Cpas increased its holdings in shares of Accenture by 4.3% in the second quarter. Smith Chas P & Associates PA Cpas now owns 123,179 shares of the information technology services provider’s stock worth $36,817,000 after purchasing an additional 5,024 shares during the last quarter. Elser Financial Planning Inc bought a new stake in Accenture during the second quarter worth approximately $244,000. Baron Silver Stevens Financial Advisors LLC increased its stake in Accenture by 19.5% during the second quarter. Baron Silver Stevens Financial Advisors LLC now owns 1,202 shares of the information technology services provider’s stock worth $359,000 after acquiring an additional 196 shares during the last quarter. Archford Capital Strategies LLC increased its stake in Accenture by 12.3% during the second quarter. Archford Capital Strategies LLC now owns 8,191 shares of the information technology services provider’s stock worth $2,448,000 after acquiring an additional 895 shares during the last quarter. Finally, Kelly Financial Services LLC increased its stake in Accenture by 5.2% during the second quarter. Kelly Financial Services LLC now owns 1,003 shares of the information technology services provider’s stock worth $300,000 after acquiring an additional 50 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Down 1.3%

Shares of NYSE ACN opened at $243.50 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The firm has a market capitalization of $152.51 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 2.15 and a beta of 1.28. The stock has a 50 day moving average price of $251.06 and a 200 day moving average price of $284.75. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly 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 return on equity of 26.45% and a net margin of 11.02%.Accenture’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business 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 dividend of $1.63 per share. 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 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Wall Street Analyst Weigh In

ACN has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. Susquehanna reduced their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research note on Thursday, September 18th. Robert W. Baird cut their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Rothschild & Co Redburn upped their target price on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Finally, Evercore ISI set a $280.00 target price on Accenture in a research note on Thursday, September 25th. One investment 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 over the last 90 days. Company insiders own 0.02% of the company’s stock.

Accenture Company 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.