Consolidated Planning Corp Buys 517 Shares of Accenture PLC $ACN

Consolidated Planning Corp lifted its stake in shares of Accenture PLC (NYSE:ACN) by 54.8% during the second quarter, Holdings Channel.com reports. The firm owned 1,461 shares of the information technology services provider’s stock after acquiring an additional 517 shares during the period. Consolidated Planning Corp’s holdings in Accenture were worth $437,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Redwood Investments LLC raised its holdings in shares of Accenture by 6.2% in the 1st 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% in the 1st 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 during the last quarter. Intech Investment Management LLC raised its holdings in shares of Accenture by 40.5% in the 1st quarter. Intech Investment Management LLC now owns 98,633 shares of the information technology services provider’s stock worth $30,777,000 after acquiring an additional 28,446 shares during the last quarter. Truist Financial Corp raised its holdings in shares of 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 acquiring an additional 28,685 shares during the last quarter. Finally, Park National Corp OH raised its holdings in shares of Accenture by 4.3% in the 2nd quarter. Park National Corp OH now owns 129,667 shares of the information technology services provider’s stock worth $38,756,000 after acquiring an additional 5,388 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Up 0.4%

Accenture stock opened at $244.58 on Friday. The firm has a 50 day moving average price of $250.32 and a 200-day moving average price of $284.19. The company has a market capitalization of $153.19 billion, a P/E ratio of 20.13, a P/E/G ratio of 2.12 and a beta of 1.28. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. 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 (NYSE:ACN) last released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s payout ratio is 48.72%.

Insider Buying and Selling

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This trade represents a 21.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Angela Beatty sold 203 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,954 shares of company stock valued at $834,280. Company insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. BNP Paribas Exane lowered their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a report on Wednesday, September 24th. Argus set a $370.00 price objective on shares of Accenture in a research note on Tuesday, June 24th. Rothschild & Co Redburn increased their price objective on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Finally, Morgan Stanley decreased their price objective on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and an average target price of $300.22.

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.