Clarius Group LLC Sells 723 Shares of Accenture PLC $ACN

Clarius Group LLC lessened its position in shares of Accenture PLC (NYSE:ACN) by 13.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 4,599 shares of the information technology services provider’s stock after selling 723 shares during the period. Clarius Group LLC’s holdings in Accenture were worth $1,375,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA bought a new position in Accenture during the first quarter worth $31,000. Inlight Wealth Management LLC bought a new position in Accenture during the first quarter worth $32,000. WPG Advisers LLC bought a new position in Accenture during the first quarter worth $42,000. Atwood & Palmer Inc. raised its stake in Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after buying an additional 110 shares during the last quarter. Finally, Cheviot Value Management LLC bought a new position in Accenture during the first quarter worth $43,000. Institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, insider Angela Beatty sold 203 shares of the business’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 $57,315.02. Following the transaction, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ACN shares. JPMorgan Chase & Co. decreased their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. BNP Paribas Exane decreased their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Argus set a $370.00 price target on shares of Accenture in a research note on Tuesday, June 24th. Morgan Stanley decreased their price target 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. Finally, Barclays decreased their price target on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research note on Monday, June 23rd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Trading Up 0.4%

NYSE:ACN opened at $245.39 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a 50-day moving average of $249.57 and a 200-day moving average of $283.36. The company has a market cap of $153.69 billion, a PE ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACN) last posted its earnings results 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%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

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.