Valeo Financial Advisors LLC Sells 193 Shares of Accenture PLC $ACN

Valeo Financial Advisors LLC decreased its holdings in Accenture PLC (NYSE:ACN) by 2.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,998 shares of the information technology services provider’s stock after selling 193 shares during the period. Valeo Financial Advisors LLC’s holdings in Accenture were worth $2,391,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in ACN. Brighton Jones LLC boosted its stake in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Accenture by 55.4% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 1,500 shares of the information technology services provider’s stock valued at $468,000 after purchasing an additional 535 shares in the last quarter. SOA Wealth Advisors LLC. boosted its stake in shares of Accenture by 231.9% in the 1st quarter. SOA Wealth Advisors LLC. now owns 312 shares of the information technology services provider’s stock valued at $97,000 after purchasing an additional 218 shares in the last quarter. OLD National Bancorp IN boosted its position in Accenture by 4.8% during the 1st quarter. OLD National Bancorp IN now owns 3,452 shares of the information technology services provider’s stock valued at $1,077,000 after buying an additional 157 shares during the period. Finally, Wedge Capital Management L L P NC boosted its position in Accenture by 18.1% during the 1st quarter. Wedge Capital Management L L P NC now owns 39,613 shares of the information technology services provider’s stock valued at $12,361,000 after buying an additional 6,058 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. Rothschild & Co Redburn increased their price target on shares of Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. BNP Paribas Exane dropped their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Susquehanna dropped their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Finally, Evercore ISI set a $280.00 price target on shares of Accenture in a research report on Thursday, September 25th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.22.

Accenture Trading Up 1.2%

NYSE:ACN opened at $248.18 on Tuesday. The company has a 50-day moving average price of $248.99 and a 200-day moving average price of $282.84. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market cap of $155.44 billion, a price-to-earnings ratio of 20.43, a P/E/G ratio of 2.14 and a beta of 1.28.

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 firm had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 48.72%.

Insider Buying and Selling

In related news, insider Angela Beatty sold 203 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares in the company, valued at $1,482,002.66. This trade represents a 3.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 in the last three months. 0.02% of the stock is owned by corporate insiders.

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.